| Change Details | |
|---|---|
| Title | Columbia Threadneedle Fund Management Ltd |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 31 October 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Columbia Threadneedle Fund Management Ltd |
| Fund Names | CT MM Navigator Balanced CT MM Navigator Boutiques CT MM Navigator Cautious CT MM Navigator Growth |
| Type of change | Fund Merger |
| Date merger effective from | Friday 31 October 2025 |
| Date fund suspended | Tuesday 28 October 2025 |
| Deadline for investors to switch out if appropriate | 11:00 on Tuesday 28 October 2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. 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 |
| 3. Fund details | |
| Current Fund | New Fund |
| CT MM Navigator Balanced | CT Multi-Manager Universal Balanced |
| Previous objective | New objective |
| The Fund aims to provide capital growth with some income over the long term (5 years or more). It looks to outperform a composite index over rolling 5-year periods, after the deduction of charges. This composite index currently comprises: 15% FTSE All-Share Index; 50% MSCI ACWI ex UK Index; 25% Bloomberg Global Aggregate ex Treasury (GBP Hedged) Index; and 10% Sterling Overnight Index Average (SONIA). The Fund is actively managed and invests at least 80% in a range of collective investment schemes and closed ended funds in order to gain exposure to a diversified portfolio of shares and fixed interest securities. Exposure to shares is expected to be in the region of 40-85%. |
The Fund aims to provide growth, combining capital and income, consistent with a balanced risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. |
| Charging structure | |
| Previous AMC | 0.75% |
| New AMC | 0.29% |
| Previous TER | 1.41% |
| New TER | 0.65% |
| Current Fund | New Fund |
| CT MM Navigator Boutiques | CT Multi-Manager Universal Adventurous |
| Previous objective | New objective |
| The Fund aims to provide capital growth over the long term (5 years or more). It looks to outperform the MSCI All Country World Index over rolling 5-year periods, after the deduction of charges. The fund is actively managed and invests at least 80% in a range of collective investment schemes and close ended funds in order to gain exposure to a diversified portfolio of shares. |
The Fund aims to provide growth, combining capital and income, consistent with an adventurous risk and volatility profile, over the long term (5 years or more). The fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. |
| Charging structure | |
| Previous AMC | 0.75% |
| New AMC | 0.29% |
| Previous TER | 1.40% |
| New TER | 0.65% |
| Current Fund | New Fund |
| CT MM Navigator Cautious | CT Multi-Manager Universal Cautious |
| Previous objective | New objective |
| The Fund aims to provide a combination of capital growth and income over the long term (5 years or more). It looks to outperform a composite index over rolling 5-year periods, after the deduction of charges. This composite index currently comprises: 15% FTSE All-Share Index; 30% MSCI ACWI ex UK Index; 45% Bloomberg Global Aggregate ex Treasury (GBP Hedged) Index; and 10% Sterling Overnight Index Average (SONIA). The Fund is actively managed and invests at least 80% in a range of collective investment schemes and closed ended funds in order to gain exposure to a diversified portfolio of shares and fixed interest securities. Exposure to shares is expected to be in the region of 20-60%. |
The Fund aims to provide growth, combining capital and income, consistent with a cautious risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. |
| Charging structure | |
| Previous AMC | 0.75% |
| New AMC | 0.29% |
| Previous TER | 1.33% |
| New TER | 0.65% |
| Current Fund | New Fund |
| CT MM Navigator Growth | CT Multi-Manager Universal Growth |
| Previous objective | New objective |
| The Fund aims to provide capital growth over the long term (5 years or more). It looks to outperform a composite index over rolling 5-year periods, after the deduction of charges. This composite index currently comprises: 15% FTSE All-Share Index; 60% MSCI ACWI ex UK Index; 15% Bloomberg Global Aggregate ex Treasury (GBP Hedged) Index; and 10% Sterling Overnight Index Average (SONIA). The Fund is actively managed and invests at least 80% in a range of collective investment schemes and closed ended funds in order to gain exposure to a diversified portfolio of primarily shares. |
The Fund aims to provide growth, combining capital and income, consistent with a growth risk and volatility profile, over the long term (5 years or more). The Fund invests at least 70% of its assets in a portfolio of collective investment schemes (which could include open and closed ended investment schemes, real estate investment trusts, exchange traded funds, and these could include schemes operated by the ACD (or an associate of the ACD)), which provide indirect exposure to a range of global asset classes. |
| Charging structure | |
| Previous AMC | 0.75% |
| New AMC | 0.29% |
| Previous TER | 1.37% |
| New TER | 0.65% |
Client correspondence
- CT MM Navigator Balanced Merger - Unbundled clients - CB3 SAMPLE
- CT MM Navigator Boutiques Merger - Unbundled clients - CB3 SAMPLE
- CT MM Navigator Cautious Merger - Unbundled clients - CB3 SAMPLE
- CT MM Navigator Growth Merger - Unbundled clients - CB3 SAMPLE
- CT MM Navigator Merger - Adviser model SAMPLE
- CT Multi Growth Acc KIID
- CT Multi Universal Adventurous Acc KIID
- CT Multi Universal Balanced Acc KIID
- CT Multi Universal Balanced Inc KIID
- CT Multi universal Cautious ACC KIID
- CT Multi universal Cautious Inc KIID