| Change Details | |
|---|---|
| Title | Tutman Fund Solutions Limited |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 20 February 2026 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Tutman Fund Solutions Limited |
| Fund Name | SVS Sanlam Global Gold and Resources |
| Type of change | Fund Merger |
| Date merger effective from | 20/02/2026 |
| Date fund suspended | 19/02/2026 |
| Deadline for investors to switch out if appropriate | 11:00 am on 19/02/2026 |
| Is the event subject to shareholder approval? | Yes - Approved |
| 2. Fund details | |
| Current Fund | New Fund |
| SVS Sanlam Global Gold and Resources | Ninety One Global Gold |
| 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 | The fund aims to achieve long-term capital growth by investing primarily in the shares of gold mining companies, precious metal related companies and resources based companies. The fund may also invest in gold bullion shares, other transferable securities, money market instruments, deposits, collective investment schemes and warrants. The fund may also invest in equities listed on Recognised Markets. The fund will typically be fully invested in a spread of equities principally within the gold and precious metal industry. From time to time, depending on market conditions, the fund may invest in other transferable securities, money market instruments, deposits, collective investment schemes, derivatives and warrants. Derivative and forward transactions may be used by the fund solely for the purposes of Hedging. |
| New objective | The fund aims to provide capital growth over at least 5 years. The fund invests primarily (at least two-thirds) in the shares of companies around the world involved in gold mining and in related derivatives. The fund may invest up to one-third of its assets in the shares of companies around the world that are involved in mining for precious metals other than gold, non-precious metals and minerals and related derivatives. The fund may at times invest in a relatively small number of companies. These companies may be of any size. The fund may also invest in other transferable securities, money market instruments, cash or near cash, deposits, up to 10% in units or shares in other funds (which may be managed by a Ninety One group company, or a third party) and derivatives. Derivatives may be used for managing the fund in a way that is designed to reduce risk or cost, generating income or growth with a low level of risk and, occasionally, investment purposes. |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.65% |
| New AMC | 0.65% |
| Previous TER | 0.78% |
| New TER | 0.78% |