| Change Details | |
|---|---|
| Title | Axiom Concentrated Global Growth Equity |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 07 August 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Axiom Investors LLC |
| Fund Name | Axiom Concentrated Global Growth Equity |
| Type of change | Fund Merger |
| Date merger effective from | 7 August 2025 |
| Date fund suspended | 1 August 2025 |
| Was the event subject to shareholder approval? | Yes - approved |
| 2. Fund details | |
| Current Fund | New Fund |
| Axiom Concentrated Global Growth Equity | Axiom Concentrated Global Growth Equity |
| 3. Investment objectives | |
| Previous objective | To achieve long term investment growth, in total return terms, through active investments in a concentrated portfolio of equities in markets worldwide. The Investment Manager will select the top 20 to 50 securities which, in its opinion, represent its highest conviction ideas with respect to these criteria but also, when constructed as a portfolio, exhibit a diversified allocation across industries, geographies and market capitalizations. The Investment Manager will continuously monitor its investment thesis and expectations and adjust position size and number of holdings based on new data flows and the re-examination of existing holdings. |
| New objective | To seek long term growth of capital by pursuing an actively managed, concentrated strategy, that seeks to provide exposure to equity securities of companies in developed and Emerging Markets globally. The Sub-Investment Manager focuses on securities that are believed to demonstrate the strongest leading indicators. These indicators include consistent earnings revisions, analyst upgrades, reasonable valuation and a demonstrated ability to grow earnings. The Sub-Investment Manager selects the 20 to 50 top securities which in its opinion, represent its highest conviction ideas with respect to these criteria but also, whenconstructed as a portfolio, exhibit optimal diversification accross industries, geographies and market capitalisation. |
| 4. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.80% |
| New AMC | 0.80% |
| Previous TER | 0.98% |
| New TER | 0.94% |