This site is for financial advisers only, Click here for the consumer site.

Share
Print
Print Share

LF Prudential Dynamic (Various) change details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group LF Prudential 
Fund Name LF Prudential Dynamic 0-30 Portfolio
Type of change Name, Objective & AMC Change
Date change effective from 21 January 2019
Is the event subject to shareholder approval? No
2. Name change details  
Previous fund name LF Prudential Dynamic 0-30 Portfolio
New fund name LF Prudential Risk Managed Active 1
3. Fund objectives  
Previous fund objective To achieve long term total return (the combination of income and growth of capital) by
investing mainly in collective investment schemes. No more than 30% of the Sub-fund will be invested in schemes whose predominant exposure is to equities.
New fund objective To achieve long term (in excess of 5 years) total return (the combination of income
and growth of capital) by investing in a mix of assets from around the world and aims to limit volatility over rolling 5 year periods to 9%.
4. Change to charging structure  
Bundled Fund  
Previous AMC 1.40%
New AMC 0.74%
Current Trail Commission (Charge Basis 1) 0.50%
New Trail Commission (Charge Basis 1) 0.00%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount (Charge Basis 2) 0.00%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U  
Previous AMC 0.90%
New AMC 0.74%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.25%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U2  
Previous AMC 0.65%
New AMC 0.49%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%

 

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group LF Prudential 
Fund Name LF Prudential Dynamic 10-40 Portfolio
Type of change Name, Objective & AMC Change
Date change effective from 21 January 2019
Is the event subject to shareholder approval? No
2. Name change details  
Previous fund name LF Prudential Dynamic10-40 Portfolio
New fund name LF Prudential Risk Managed Active 2
3. Fund objectives  
Previous fund objective To achieve long term total return (the combination of income and growth of capital) by
investing mainly in collective investment schemes. Between 10% and 40% of the Sub-fund will be invested in schemes whose predominant exposure is to equities.
New fund objective To achieve long term (in excess of 5 years) total return (the combination of income
and growth of capital) by investing in a mix of assets from around the world and aims to limit volatility over rolling 5 year periods to 10%.
4. Change to charging structure  
Bundled Fund  
Previous AMC 1.40%
New AMC 0.74%
Current Trail Commission (Charge Basis 1) 0.50%
New Trail Commission (Charge Basis 1) 0.00%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount (Charge Basis 2) 0.00%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U  
Previous AMC 0.90%
New AMC 0.74%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.25%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U2  
Previous AMC 0.65%
New AMC 0.49%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%

 

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group LF Prudential 
Fund Name LF Prudential Dynamic 20-55 Portfolio
Type of change Name, Objective & AMC Change
Date change effective from 21 January 2019
Is the event subject to shareholder approval? No
2. Name change details  
Previous fund name LF Prudential Dynamic 20-55 Portfolio
New fund name LF Prudential Risk Managed Active 3
3. Fund objectives  
Previous fund objective To achieve long term total return (the combination of income and growth of capital) by
investing mainly in collective investment schemes. Between 20% and 55% of the Sub-fund will be invested in schemes whose predominant exposure is to equities.
New fund objective To achieve long term (in excess of 5 years) total return (the combination of income
and growth of capital) by investing in a mix of assets from around the world and aims to limit volatility over rolling 5 year periods to 12%.
4. Change to charging structure  
Bundled Fund  
Previous AMC 1.40%
New AMC 0.74%
Current Trail Commission (Charge Basis 1) 0.50%
New Trail Commission (Charge Basis 1) 0.00%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount (Charge Basis 2) 0.00%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U  
Previous AMC 0.90%
New AMC 0.74%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.25%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U2  
Previous AMC 0.65%
New AMC 0.49%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%

 

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group LF Prudential 
Fund Name LF Prudential Dynamic 40-80 Portfolio
Type of change Name, Objective & AMC Change
Date change effective from 21 January 2019
Is the event subject to shareholder approval? No
2. Name change details  
Previous fund name LF Prudential Dynamic40-80 Portfolio
New fund name LF Prudential Risk Managed Active 4
3. Fund objectives  
Previous fund objective To achieve long term total return (the combination of income and growth of capital) by
investing mainly in collective investment schemes. Between 40% and 80% of the Sub-fund will be invested in schemes whose predominant exposure is to equities.
New fund objective To achieve long term (in excess of 5 years) total return (the combination of income
and growth of capital) by investing in a mix of assets from around the world and aims to limit volatility over rolling 5 year periods to 14.5%.
4. Change to charging structure  
Bundled Fund  
Previous AMC 1.40%
New AMC 0.74%
Current Trail Commission (Charge Basis 1) 0.50%
New Trail Commission (Charge Basis 1) 0.00%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount (Charge Basis 2) 0.00%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U  
Previous AMC 0.90%
New AMC 0.74%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.25%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U2  
Previous AMC 0.65%
New AMC 0.49%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%

 

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group LF Prudential 
Fund Name LF Prudential Dynamic 60-100 Portfolio
Type of change Name, Objective & AMC Change
Date change effective from 21 January 2019
Is the event subject to shareholder approval? No
2. Name change details  
Previous fund name LF Prudential Dynamic 60-100 Portfolio
New fund name LF Prudential Risk Managed Active 5
3. Fund objectives  
Previous fund objective To achieve long term total return (the combination of income and growth of capital) by
investing mainly in collective investment schemes. Between 60% and 100% of the Sub-fund will be invested in schemes whose predominant exposure is to equities. 
New fund objective To achieve long term (in excess of 5 years) total return (the combination of income and growth of capital) by investing in a mix of assets from around the world and aims to limit volatility over rolling 5 year periods to 17%.
4. Change to charging structure  
Bundled Fund  
Previous AMC 1.40%
New AMC 0.74%
Current Trail Commission (Charge Basis 1) 0.50%
New Trail Commission (Charge Basis 1) 0.00%
Previous Reimbursed Amount (Charge Basis 2) 0.50%
New Reimbursed Amount (Charge Basis 2) 0.00%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.75%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U  
Previous AMC 0.90%
New AMC 0.74%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.25%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund -U2  
Previous AMC 0.65%
New AMC 0.49%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%


Copy Client Correspondence

 

Financial Adviser Verification