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Baillie Gifford Cash -U change details

1. Fund details  
Companies impacted Old Mutual Wealth Limited
Old Mutual Wealth Life & Pensions Limited
Fund Group Baillie Gifford & Co Limited
Fund Name Baillie Gifford Cash
Type of change Closure
Date fund closed to new business 29 June 2018
Deadline for investors to provide revised fund choice 27 November 2018
Date closure effective from 29 November 2018
Default fund if no revised fund choice provided Cash Deposit (ISA, ISA formerly PEP, CIA)
BlackRock Cash (CRA, CIB, OCIB)
Is the event subject to FCA approval? Yes
2. Closure details  
Will the phasing/rebalancing options automatically continue with the new fund replacing the closing fund? No
3. Fund objective  
Current fund objective To provide a competitive money market yield without compromising security of capital. The property of the Scheme will consist principally of call deposits with UK clearing banks or other eligible institutions having at least an equivalent credit rating.
4. Charging structure  
Unbundled Fund  
Current AMC 0.10

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