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Baillie Gifford Active Gilt Plus change details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Old Mutual International Guernsey Limited
Fund Group Baillie Gifford and Co Limited
Fund Name Baillie Gifford Active Gilt Plus
Type of change Name, Objective & AMC Change
Date change effective from 1 November 2018
Is the event subject to shareholder approval? Yes
2. Name change details  
Previous fund name Baillie Gifford Active Gilt Plus
New fund name Baillie Gifford Active Gilt Investment
3. Fund objectives  
Previous fund objective To produce a total return, before charges and expenses payable out of the fund, in excess of the total return on the FTSE Actuaries UK Conventional Gilts All Stocks Index, or any successor or substitute index, by 1.5% per annum over rolling 3-year periods. There is no guarantee that a positive return will be achieved over rolling 3-year periods or any time period and capital may be at risk. The fund will invest primarily in: UK government bond, overseas government bonds and quasi-government bonds, some of which may be issued by developing countries.
New fund objective To produce a total return, before charges and expenses payable out of the fund, in excess of the total return on the FTSE Actuaries UK Conventional Gilts All Stocks Index, or any successor or substitute index, by 0.5% per annum over rolling 3-year periods. There is no guarantee that a positive return will be achieved over rolling 3-year periods or any time period and capital may be at risk. The fund will invest primarily in: UK government bonds and may also invest in: overseas government bonds and quasi-government bonds.

4. Change to charging structure  
Bundled Fund  
Previous AMC 1.00%
New AMC 0.80%
Current Trail Commission (Charge Basis 1) 0.25%
New Trail Commission (Charge Basis 1) TBC
Previous Reimbursed Amount (Charge Basis 2) 0.25%
New Reimbursed Amount (Charge Basis 2) TBC
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.65%
New Reimbursed Rebate Rate (Charge Basis 3) TBC
Unbundled Fund  
Previous AMC 0.35%
New AMC 0.15%
Previous Reimbursed Rebate Rate (Charge Basis 3) 0.00%
New Reimbursed Rebate Rate (Charge Basis 3) 0.00%


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