| Change Details | |
|---|---|
| Title | Ninety One Emerging Markets Local Currency Debt |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 10 September 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Ninety One Fund Managers UK Limited |
| Fund Name | Ninety One Emerging Markets Local Currency Debt |
| Type of change | Fund Merger |
| Date merger effective from | 10/10/2025 |
| Date fund suspended | 09/10/2025 |
| Deadline for investors to switch out if appropriate | 11:00 on 09/10/2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| Ninety One Emerging Markets Local Currency Debt | Ninety One Emerging Markets Blended Debt |
| 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 income and capital growth (to grow the value of your investment) over at least five years by investing primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by emerging market borrowers or borrowers who have significant economic exposure to emerging markets (countries that have less developed economies) and in related derivatives (financial contracts whose value is linked to the price of such bonds (or similar debt-based assets)). These bonds (or similar debt-based assets) will be denominated in local currencies (the currency of the issuing country). They may have any credit rating or be unrated and may be issued by any borrower e.g. governments or companies. |
| New objective | To provide income and capital growth (to grow the value of your investment) over at least five years by investing primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by emerging market borrowers or borrowers that have significant economic exposure to emerging markets (that have less developed economies). These bonds (or similar debt-based assets) may be denominated in either local currencies (the currency of the issuing country) or hard currencies (globally traded major currencies). They may have any credit rating or be unrated and may be issued by any borrower e.g. governments or companies. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.50% |
| New AMC | 1.50% |
| Previous TER | Acc 1.67 / Inc 1.71 |
| New TER | Acc 1.65 / Inc 1.66 |
| Previous Reimbursed Amount (Charge Basis 2) | 0.35% |
| New Reimbursed Amount(Charge Basis 2) | 0.35% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.80% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.86% |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | Acc 0.92 / Inc 0.91 |
| New TER | Acc 0.91 / Inc 0.91 |
| Previous Reimbursed Rebate Rate | 0.05% |
| New Reimbursed Rebate Rate | 0.11% |
Client Correspondence
- KIID GB00BJFLDK12
- KIID GB00B8HJ5D37
- KIID GB00B8GBN582
- KIID GB00B7PWB404
- Ninety One Emerging Markets Local Currency Debt Unbundled SAMPLE
- Ninety One Emerging Markets Local Currency Debt -Post SAMPLE
- Ninety One Emerging Markets Local Currency Debt AM SAMPLE
- Ninety One Emerging Markets Local Currency Debt - Bundled SAMPLE