| Change Details | |
|---|---|
| Title | Sarasin Global Higher Dividend |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 11 July 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Sarasin Investment Funds Limited |
| Fund Name | Sarasin Global Higher Dividend |
| Type of change | Fund Merger |
| Date merger effective from | 11/07/2025 |
| Date fund suspended | 10/07/2025 |
| Deadline for investors to switch out if appropriate | 11:00am on 10/07/2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| Sarasin Global Higher Dividend | Sarasin Global Dividend |
| 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 grow the value of the fund over a rolling 5 year period after deducting fees and costs; and to provide 50% more income than the MSCI World Index (net). The fund invests at least 80% in the shares of companies from around the world. |
| New objective | To grow the value of the fund over a rolling 5 year period after deducting fees and costs; and to provide 15% more income than the MSCI All Countries World Index (Net). The fund invests at least 80% in the shares of companies from around the world. |
| 5. Charging structure | |
| Bundled Fund | |
| Previous AMC | 1.50% |
| New AMC | 1.50% |
| Previous TER | 1.71% |
| New TER | 1.72% |
| Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
| New Reimbursed Amount(Charge Basis 2) | 0.50% |
| Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.80% |
| New Reimbursed Rebate Rate (Charge Basis 3) | 0.80% |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | 0.96% |
| New TER | 0.97% |
| Previous Reimbursed Rebate Rate | 0.05% |
| New Reimbursed Rebate Rate | 0.05% |
Client Correspondence
- Sarasin Global Dividend Inc - KIID
- Sarasin Global Dividend (GBP Hedged) - KIID
- Sarasin Global Dividend (GBP Hedged) Inc - KIID
- Sarasin Global Dividend Acc KIID
- Sarasin Global Dividend Acc -U - KIID
- Sarasin Global Dividend Inc -U - KIID
- Sarasin Global Higher - Merger - Adviser model SAMPLE
- Sarasin Global Higher - Merger - Bundled clients - SAMPLE
- Sarasin Global Higher - Merger - Post SAMPLE
- Sarasin Global Higher - Merger - Unbundled clients - SAMPLE