| Change Details | |
|---|---|
| Title | MI Polen Capital Global Emerging Markets |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 12 December 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Apex Fundrock Limited |
| Fund Name | MI Polen Capital Global Emerging Markets |
| Type of change | Fund Merger |
| Date merger effective from | 12/12/2025 |
| Date fund suspended | 10/12/2025 |
| Is the event subject to shareholder approval? | Yes - approved |
| 2. Fund details | |
| Current Fund | New Fund |
| MI Polen Capital Global Emerging Markets | MI Polen Capital Emerging Markets 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 achieve capital appreciation by mainly investing in an actively managed portfolio of emerging market securities. The portfolio will consist principally of quoted equity securities, issued by companies established or operating in emerging market countries, principally in Asia, Eastern Europe, the Middle East, Africa and Latin America. |
| New objective | To achieve capital appreciation and income growth by investing in an actively managed portfolio of dividend-paying emerging market securities. The portfolio will consist of at least 80% in quoted equity securities, issued by companies established or operating in emerging market countries, with at least 80% (and potentially up to 100%) invested in Asia, Eastern Europe, the Middle East, Africa and Latin America. Investment can be in companies of any size and in any business sector and there is no intention for there to be any specific allocation to any one region or country, although at times there may be a higher exposure to any one area or country based on the Investment Manager’s view of opportunities in the relevant markets. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.50% |
| New AMC | 0.75% |
| Previous TER | 1.00% The TER is currently subsided by the Investment Manager. Without this, the TER would be 1.75% |
| New TER | 1.40% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.00% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.25% |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | 1.00% The TER is currently subsided by the Investment Manager. Without this, the TER would be 1.75% |
| New TER | 1.40% |
| Previous Reimbursed Rebate Rate | 0.00% |
| New Reimbursed Rebate Rate | 0.25% |