| Change Details | |
|---|---|
| Title | BNY Mellon Global Opportunities |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 17 May 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | BNY Mellon Fund Managers Limited |
| Fund Name | BNY Mellon Global Opportunities |
| Type of change | Merger |
| Date merger effective from | 17.05.2025 |
| Date fund suspended | 15.05.2025 |
| Deadline for investors to switch out if appropriate | 12:00 on 15.05.2026 |
| Is the event subject to shareholder approval? | Yes - appoved |
| 2. Fund details | |
| Current Fund | New Fund |
| BNY Mellon Global Opportunities | BNY Mellon 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 | The fund aims to achieve capital growth over the long term (5 years or more). The fund is actively managed and invests at least 75% of its assets in a concentrated portfolio of global equities (company shares) issued by companies located worldwide, including ordinary shares, preference shares and other equity-related securities. The fund does not have a bias towards any economic sector or company size. |
| New objective | The fund aims to achieve capital growth over the long term (5 years or more). The fund is actively managed and invests at least 75% in global equities (company shares), including ordinary shares, preference shares and other equity-related securities. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.50% |
| New AMC | 1.50% |
| Previous TER | 1.73% |
| New TER | 1.61% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.50% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.83% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.83% |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | 0.94% |
| New TER | 0.82% |
| Previous Reimbursed Rebate Rate | 0.08% |
| New Reimbursed Rebate Rate | 0.08% |