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Pacific Assets Trust Plc

Change Details
Title Pacific Assets Trust Plc
Type Mergers
Companies Impacted Quilter Life & Pensions Limited, Quilter Investment Platform Limited
Effective Date 25 September 2026
1. Asset details  
Companies impacted Quilter Life & Pensions Limited
Quilter Investment Platform Limited
Asset Group First Sentier Investors (UK) Funds Limited
Asset Name Pacific Assets Trust Plc
Type of change Merger
Date merger effective from 25 September 2026
Date asset suspended 16 September 2026
Deadline for investors to switch out if appropriate 2:00pm on 16 September 2026
Is the event subject to shareholder approval? Yes
2. Asset details  
Current Asset New Asset
Pacific Assets Trust Plc Schroder Asian Total Return Investment Company Plc
3. Merger details  
Will the rebalancing option automatically continue? Yes
4. Investment objectives  
Previous objective The Pacific Assets Trust Plc (the 'Trust') investment objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, excluding Japan (the 'Asia Pacific Region'). Up to a maximum of 20% of the Trust's total assets (at the time of investment) may be invested in companies incorporated and/or listed outside the Asia Pacific Region; at least 25% of their economic activities (at the time of investment) are within the Asia Pacific Region and this proportion is expected to grow significantly over the long term.
New objective The Company seeks to provide a high rate of total return through investment in equities and equity-related securities of companies trading in the Asia Pacific region (excluding Japan). The Company seeks to offer a degree of capital preservation through tactical use of derivative instruments.