| Change Details | |
|---|---|
| Title | Royal London Unit Trust Managers Limited |
| Type | Objective and policy changes |
| Companies Impacted | Quilter Life & Pensions Limited, Quilter Investment Platform Limited |
| Effective Date | 15 December 2025 |
Please note:
Date changes effective from: 3 November 2025 (Fund Manager Fee changes), 15 December 2025 (Objective changes)
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Royal London Unit Trust Managers Limited |
| Fund Names | Royal London 'TILT' funds |
| Type of changes | Fund Manager Fee (FMF) and Objective changes |
| Date change effective from | 3 November 2025 (FMF changes) 15 December 2025 (Objective changes) |
| Is the event subject to shareholder approval? | No |
| 2. Investment Objective, Policy and Strategy Changes | |
| Royal London are updating the investment objective, policy and strategy of the funds to: i) replace the weighted-average carbon intensity target (“WACI”) with a target to achieve a carbon footprint of at least 10% below that of the applicable benchmark index; ii) clarify that the financial objective is prioritised over the climate objective. iii) introduce a long-term goal, in the fund’s strategy, to achieve a net zero footprint by 2050. |
|
| 3.Fund Management Fee (FMF) Changes | |
| Royal London Asia Pacific ex Japan Equity Tilt | |
| Previous FMF | 0.19% |
| New FMF | 0.10% |
| Royal London Emerging Markets Equity Tilt | |
| Previous FMF | 0.23% |
| New FMF | 0.10% |
| Royal London Japan Equity Tilt | |
| Previous FMF | 0.14% |
| New FMF | 0.08% |
| Royal London UK Broad Equity Tilt | |
| Previous FMF | 0.11% |
| New FMF | 0.08% |
| Royal London UK Core Equity Tilt | |
| Previous FMF | 0.10% |
| New FMF | 0.08% |
| Royal London US Equity Tilt | |
| Previous FMF | 0.14% |
| New FMF | 0.08% |