| Change Details | |
|---|---|
| Title | TM Castlefield Thoughtful UK Opportunities |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 15 August 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Thesis Unit Trust Management Limited |
| Fund Name | TM Castlefield Thoughtful UK Opportunities |
| Type of change | Fund Merger |
| Date merger effective from | 15 August 2025 |
| Date fund suspended | 11:00 am on 14 August 2025 |
| Deadline for investors to switch out if appropriate | 11:00 am on 14 August 2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| TM Castlefield Thoughtful UK Opportunities | TM Castlefield Thoughtful World Equity |
| 3. Merger details | |
| Will the phasing option automatically continue? | Yes |
| 4. Investment objectives | |
| Previous objective | To invest for long term capital growth from a portfolio of investments which is superior to the median performance of all of the funds forming the official peer group of which the fund is a part. ‘Peer group’ is defined as being the Investment Association sector to which the fund has been allocated (currently being the UK All Companies Sector) or to which it may be allocated in future, as determined by that body. The ACD's investment policy is actively to invest in those companies, primarily within the UK, where the Investment Adviser believes there are above average opportunities for growth. Long term means over rolling five year periods. The fund will invest at least 80% in a portfolio of companies that are domiciled, incorporated or have a significant portion of their business in the UK and which the Investment Adviser considers to offer opportunities for capital growth, selected in accordance with the Investment Adviser’s “thoughtful investor” approach. These UK companies may also be listed in the UK. |
| New objective | To achieve capital growth, net of fees, over the long term. Long term means over rolling five year periods. The fund will invest directly in a diversified global portfolio, which will comprise of at least 80% in equities, selected in accordance with the Investment Adviser’s “thoughtful investor” approach. |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.70% |
| New AMC | 0.70% |
| Previous TER | 0.95% |
| New TER | 1.02% |