| Change Details | |
|---|---|
| Title | Granahan Investment Management |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 30 September 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Granahan Investment Management |
| Fund Name | Granahan US SMID Select |
| Type of change | Fund Merger |
| Date merger effective from | 30/09/2025 |
| Date fund suspended | 25/09/2025 |
| Deadline for investors to switch out if appropriate | 16:00 on 24/09/2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| Granahan US SMID Select | Granahan US Focused Growth |
| 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 seek capital appreciation through investment in small and mid-capitalisation, dynamic and emerging growth companies |
| New objective | To seek capital appreciation through investment in a limited number of small, dynamic and sustainable growth companies and to outperform the Comparator Benchmark. |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.90% |
| New AMC | 1.00% |
| Previous TER | 1.25% |
| New TER | 1.25% |