Change Details | |
---|---|
Title | SVM Asset Management Limited |
Type | Mergers |
Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
Effective Date | 19 September 2025 |
1. Fund details | |
Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
Fund Group | SVM Asset Management Limited |
Fund Name | SVM Continental Europe |
Type of change | Fund Merger |
Date merger effective from | 19/09/2025 |
Date fund suspended | 15/09/2025 |
Deadline for investors to switch out if appropriate | 11:00 on 15/09/2025 |
Is the event subject to shareholder approval? | Yes |
2. Fund details | |
Current Fund | New Fund |
SVM Continental Europe | RGI European |
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 growth over the long term (5 years or more) and it aims to outperform the MSCI Europe ex UK Index (or any successor index which aims to cover 85% of the market capitalisation of listed stocks on European stock markets excluding the UK). Performance is measured on a monthly basis over rolling 5 year periods after all fees and costs are deducted. The fund will invest at least 80% in equities and equity related instruments dealt in or traded on European Eligible Securities Markets. |
New objective | To achieve a return (income and growth in the value of your investment) over a rolling period of at least 5 years, by investing in a core concentrated portfolio of shares of European companies (typically numbering between 30 and 50). A rolling period of at least 5 years has been chosen because it is broadly similar to the length of an average business cycle. |
5. Charging structure | |
Bundled Fund | |
Previous AMC | 1.50% |
New AMC | 0.75% |
Previous TER | 1.90% |
New TER | 0.88% |
Previous Reimbursed Amount (Charge Basis 2) | 0.50% |
New Reimbursed Amount(Charge Basis 2) | 0.00% |
Previous Reimbursed Rebate Rate(Charge Basis 3) | 0.77% |
New Reimbursed Rebate Rate (Charge Basis 3) | 0.00% |
Unbundled Fund | |
Previous AMC | 0.75% |
New AMC | 0.75% |
Previous TER | 1.15% |
New TER | 0.88% |
1. Fund details | |
Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
Fund Group | SVM Asset Management Limited |
Fund Name | SVM All Europe SRI |
Type of change | Fund Merger |
Date merger effective from | 19/09/2025 |
Date fund suspended | 15/09/2025 |
Deadline for investors to switch out if appropriate | 11:00 on 15/09/2025 |
Is the event subject to shareholder approval? | Yes |
2. Fund details | |
Current Fund | New Fund |
SVM All Europe SRI | RGI European |
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 growth over the long term (5 years or more) and it aims to outperform the MSCI Europe Index (or any successor index) by investing at least 80% in equities and equity related instruments which are dealt in or traded on all European Eligible Securities Markets. From time to time, when particular opportunities are identified, or the ACD considers it appropriate, the fund may invest in transferrable securities which are dealt in or traded on other Eligible Securities Markets, or which are otherwise permitted for the fund. |
New objective | To achieve a return (income and growth in the value of your investment) over a rolling period of at least 5 years, by investing in a core concentrated portfolio of shares of European companies (typically numbering between 30 and 50). A rolling period of at least 5 years has been chosen because it is broadly similar to the length of an average business cycle. |
5. Charging structure | |
Unbundled Fund | |
Previous AMC | 0.75% |
New AMC | 0.75% |
Previous TER | 1.15% |
New TER | 0.88% |
Client correspondence
- KIID GB00BMX64N98
- SVM Asset Management Limited - Fund Mergers - Adviser model GB0032094954 GB0032064411 SAMPLE
- SVM Asset Management Limited - Fund Mergers - Adviser model GB00B1FL7V46 SAMPLE
- SVM Asset Management Limited - Fund Mergers - Bundled clients CB123 GB0032064411 SAMPLE
- SVM Asset Management Limited - Fund Mergers - Unbundled clients CB3 GB0032094954 SAMPLE
- SVM Asset Management Limited - Fund Mergers - Unbundled clients CB3 GB00B1FL7V46 SAMPLE