| Change Details | |
|---|---|
| Title | VT Downing Unique Opportunities |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 10 April 2026 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Valu-Trac Investment Management Limited |
| Fund Name | VT Downing Unique Opportunities |
| Type of change | Fund Merger |
| Date merger effective from | 10/04/2026 |
| Date fund suspended | 09/04/2026 |
| Deadline for investors to switch out if appropriate | 11:00 on 09/04/2026 |
| Is the event subject to shareholder approval? | Yes |
| 2. Fund details | |
| Current Fund | New Fund |
| VT Downing Unique Opportunities | VT Downing Small & Mid-Cap Income |
| 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 and income over the long term (5 + years) by investing at least 80% in equities listed on UK markets (including the London Stock Exchange, AIM and the ICAP Securities and Derivatives Exchange (ISDX)). The Investment Manager will be seeking to invest in equities which it considers to have a unique outlook and opportunity for growth. |
| New objective | To achieve income with the potential for capital growth over the long term (5+ years) by investing at least 80% in equities listed on UK markets (including the London Stock Exchange, AIM and the ICAP Securities and Derivatives Exchange (ISDX)). The Investment Manager will be seeking to invest in shares of small and medium sized companies which are listed in the UK and which the Investment Manager considers to have the ability to increase returns over time. The Investment Manager characterises small and medium-sized listed companies as those companies outside the largest 100 UK listed companies by market capitalisation. |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.75% |
| New AMC | 0.75% |
| Previous TER | 1.00% |
| New TER | 1.00% |