| Change Details | |
|---|---|
| Title | Aviva Investors US Equity Income II (Share Class 5) |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 25 April 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Aviva Investors UK Fund Services Limited |
| Fund Name | Aviva Investors US Equity Income II (Share Class 5) |
| Type of change | Fund Merger |
| Date merger effective from | 25/04/2025 |
| Date fund suspended | 22/04/2025 |
| Deadline for investors to provide revised asset choice | 11:00 am on 22/04/2025 |
| Is the event subject to shareholder approval? | Yes - approved |
| 2. Fund details | |
| Current Fund | New Fund |
| Aviva Investors US Equity Income II (Share Class 5) | Aviva Investors US Equity Income I (Share Class 5) |
| 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 grow your investment by providing combined income and capital growth greater than that of the Russell® 3000 Value Index over any given 5 year period, by investing in shares of companies listed on North American stock exchanges. Within this combined aim, the fund seeks to deliver an income of at least 125% of the income of the Russell® 3000 Value Index over any given 12-month period. Both the income and combined return aims are measured before the deduction of Fund charges and tax |
| New objective | To deliver income of at least 125% of the income of the Russell® 3000 Value Index over any given 12-month period whilst also aiming to grow your investment by providing a combined return of income and growth greater than that of the Index over any given 5 year period, by investing in shares of companies listed on North American stock exchanges. Due to the fund’s primary income objective, the fund’s overall performance may deviate from that of the Index. Focussing on income generation may limit capital growth opportunities. The fund’s returns are not guaranteed over any time period and capital is in fact at risk. Both the income and combined return aims are measured before the deduction of fund charges and tax. |
| 5. Charging structure | |
| Unbundled -U3 Fund | |
| Previous AMC | 0.55% |
| New AMC | 0.55% |
| Previous TER | 0.55% |
| New TER | 0.55% |