| Change Details | |
|---|---|
| Title | FTF Martin Currie US Unconstrained |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 03 October 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Franklin Templeton Fund Management Limited |
| Fund Name | FTF Martin Currie US Unconstrained |
| Type of change | Fund Merger |
| Date merger effective from | 03/10/2025 |
| Date fund suspended | 02/10/2025 |
| Deadline for investors to switch out if appropriate | 11:00 on 02/10/2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| FTF Martin Currie US Unconstrained | FTF Franklin US Opportunities |
| 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 increase in value through investment growth over periods of five years or more after all fees and costs are deducted by investing at least 80% of its assets in shares of US companies. Exposure to these shares will typically be direct (purchasing the relevant shares themselves) but may also be indirect (gaining exposure to the shares through other investments). Indirect investments include: • Convertible bonds (a type of corporate bond which can be exchanged for shares in the same organisation). • Depositary receipts (a type of listed security which enables investors to hold shares in foreign companies). • Other collective investment schemes (which may include collective investment schemes operated by the ACD or any of its associates). The fund may not invest more than 10% in other collective investment schemes. |
| New objective | To increase in value through investment growth over periods of five years or more after all fees and costs are deducted by investing at least two thirds (but typically significantly more) in the shares of companies of any size, listed on the United States’ stock markets. Other investments The fund may also invest in: • Convertible bonds (a type of corporate bond which can be exchanged for shares in the same organisation); • Other types of transferable securities; • Cash and cash equivalents; • Money market instruments; and • Other collective investment schemes (which may include collective investment schemes operated by the ACD or any of its associates). • The fund may not invest more than 10% in other collective investment schemes. |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.70% |
| Previous TER | 0.83% |
| New TER | 0.78% |
| Previous Reimbursed Rebate Rate | 0.08% |
| New Reimbursed Rebate Rate | 0.03% |