| Change Details | |
|---|---|
| Title | Jupiter UK Smaller Companies Equity |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 13 December 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Jupiter Unit Trust Managers Limited |
| Fund Name | Jupiter UK Smaller Companies Equity |
| Type of change | Fund Merger |
| Date merger effective from | 13/12/2024 |
| Date fund suspended | 12/12/2024 |
| Deadline for investors to switch out if appropriate | 11:00 on 12/12/2024 |
| Was the event subject to shareholder approval? | Yes - Approved 27th November 2024 |
| 2. Fund details | |
| Current Fund | New Fund |
| Jupiter UK Smaller Companies Equity | Jupiter UK Smaller Companies |
| 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 provide a return, net of fees, higher than that provided by the Numis Smaller Companies plus AIM (Excluding Investment Companies) Index over the long term (at least five years). At least 70% of the fund is investment in shares of smaller companies based in the UK. |
| New objective | To achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the Numis Smaller Companies Index excluding Investment Companies over rolling 3 year periods. The fund primarily invests in a portfolio of UK smaller companies. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.74% |
| New AMC | 1.90% |
| Previous TER | 1.75% |
| New TER | 1.91% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.50% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.75% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.96% |
| Unbundled Fund | |
| Previous AMC | 0.99% |
| New AMC | 1.03% |
| Previous TER | 1.00% |
| New TER | 1.04% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.00% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.09% |
Client Correspondence
- Jupiter UK Smaller Companies Equity Merger - Adviser Model SAMPLE
- Jupiter UK Smaller Companies Equity Merger - Bundled clients SAMPLE
- Jupiter UK Smaller Companies Equity Merger - Post SAMPLE
- Jupiter UK Smaller Companies Equity Merger - Unbundled clients SAMPLE
- Jupiter UK Smaller Companies Fund Kiid-Jupiter-GB00B1XG7C26-EN_GB
- Jupiter UK Smaller Companies Fund Kiid-Jupiter-GB00B1XG9599-EN_GB