| Change Details | |
|---|---|
| Title | SVS Aubrey Citadel |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 15 May 2026 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Tutman Fund Solutions Limited |
| Fund Name | SVS Aubrey Citadel |
| Type of change | Fund Merger |
| Date merger effective from | 15/05/2026 |
| Date fund suspended | 13/05/2026 |
| Deadline for investors to switch out if appropriate | 14:00 on 13/05/2026 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| SVS Aubrey Citadel | MGTS Downing Diversified Opportunities |
| 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 a balance of capital growth and income over the medium term (at least 3 years). The Fund is actively managed and will invest in a diversified mixture of assets comprising equities, fixed interest securities and alternative investments. In normal market conditions, the allocation to equities will remain within a 20%-60% range. Such exposure will be achieved by investing in companies primarily in developed markets, anywhere in the world, of any market capitalisation and in any industry sector. |
| New objective | To provide a balance of capital growth and income over any 3-year period. The Sub-fund will provide exposure to a diversified mixture of assets comprising shares, bonds and alternative investments. Exposure to shares will remain within a 20%-60% range and will typically be towards the upper limit. Such exposure will be achieved by investing in companies primarily in developed markets, anywhere in the world, of any market capitalisation and in any industry sector. |
| 5. Charging structure | |
| Previous AMC | 0.70% |
| New AMC | 0.70% |
| Previous TER | 1.00% |
| New TER | 0.90% |