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| Change Details | |
|---|---|
| Title | abrdn American Equity |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 27 November 2026 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | abrdn Fund Managers Limited |
| Fund Name | abrdn American Equity |
| Type of change | Fund Merger |
| Date merger effective from | 27/11/2026 |
| Date fund suspended | 26/11/2026 |
| Deadline for investors to switch out in order not to be subject to realignment costs | 11:00 on 05/11/2026 |
| Deadline for investors to switch out if appropriate | 11:00 on 26/11/2026 |
| Is the event subject to shareholder approval? | 27/11/2026 |
| 2. Fund details | |
| Current Fund | New Fund |
| abrdn American Equity | abrdn Global Equity |
| 3. Merger details | |
| Will the phasing option automatically continue? | Yes |
| Will the rebalancing option automatically continue? | Yes |
| Will ongoing direct debit payments automatically be redirected into the new fund? | Yes |
| 4. Investment objectives | |
| Previous objective | To generate growth over the long term (5 years or more) by investing in North American equities (company shares). Performance Target: To achieve a return in excess of the S&P 500 Index over rolling five years (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. The fund will invest at least 70% in equities and equity related securities of companies listed, incorporated or domiciled in the US or companies that derive a significant proportion of their revenues or profits from US operations or have a significant proportion of their assets there. |
| New objective | To generate growth over the long term (5 years or more) by investing in equities (company shares) worldwide. Performance Target: To achieve a return in excess of the MSCI AC World Index over rolling five year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. The fund will invest at least 80% in equities and equity related securities of companies listed on global stock exchanges. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.20% |
| New AMC | 1.20% |
| Previous TER | 1.29% |
| New TER | 1.29% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.35% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.60% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.69% |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | 0.84% |
| New TER | 0.84% |
| Previous Reimbursed Rebate Rate | 0.15% |
| New Reimbursed Rebate Rate | 0.24% |