| Change Details | |
|---|---|
| Title | IFSL Marlborough |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 21 March 2025 |
| Change Details | Name, Objective & AMC changes |
Please note:
Dates changes effective from: Name & Objective – 21 March 2025 // AMC – 1 April 2025
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Investment Fund Services Limited (IFSL) |
| Fund Names | IFSL Marlborough Balanced IFSL Marlborough Cautious IFSL Marlborough Global |
| Type of change | Name & Objective Change |
| Date change effective from | 21 March 2025 |
| Is the event subject to shareholder approval? | Yes - Approved |
| 2. Name & Objective change details | |
| Current Fund Name | New Fund Name |
| IFSL Marlborough Balanced | IFSL Marlborough 6 Portfolio |
| Current Objective | New Objective |
| To increase the value of your investment over any 5 year period, through a combination of capital growth, that is, profit on investments, and some income, that is, money paid out of an investment, such as interest from bonds or dividends from shares. The fund aims to outperform the average of the IA Mixed Investment 40-85% Shares sector, after charges, over any 5 year period. However, there is no certainty this will be achieved. At least 80% of the fund will be invested in other funds, including exchange traded funds (which typically track an index) and investment trusts. This may include other funds operated by the Manager or its associates. Through these investments, the fund will be exposed to a range of asset classes, creating a medium risk portfolio. Between 40-85% of the fund will be exposed to shares in companies, both UK and overseas, but typically this will be between 65-85%. Through investing in funds, the fund may also be exposed to other asset classes such as property, commodities (such as gold and oil), money market instruments, which are shorter term loans, cash and other permitted investments. |
To increase the value of an investment over a minimum of 5 years. The fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments, such as interest from bonds and dividends from shares. This will be achieved whilst aiming to maintain a risk rating classification of '6’. The risk classification is a range the Investment Manager maintains from 1 which is classified as the lowest risk to 10 which is classified as the highest risk. The fund is managed to operate within the limited of the risk rating, which may limit the potential for capital growth and income. The fund will invest at least 70% in collective investment schemes, investment trusts and exchange traded products, i.e. ETFs/ETCs with no minimum or maximum exposure to any geographic region. This could include other Investment Funds managed by the Authorised Fund Manager or the Investment Manager. Through these Investment Funds, the fund will be exposed to: • a higher percentage of higher-risk asset types, normally between 55-85%, such as shares in companies. • a lower percentage of lower and medium-risk asset types, normally between 0-45%. These will typically be bonds, cash, and money market instruments. • alternative asset types such as property, infrastructure, commodities (e.g. gold) and absolute return funds. |
| Current Fund Name | New Fund Name |
| IFSL Marlborough Cautious | IFSL Marlborough 4 Portfolio |
| Current Objective | New Objective |
| To increase the value of your investment over any 5 year period, through a combination of income, that is, money paid out of an investment, such as interest from bonds or dividends from shares and some capital growth, that is, profit on investments. The fund aims to outperform the average of the IA Mixed Investment 20-60% Shares sector, after charges, over any 5 year period. However, there is no certainty this will be achieved. At least 80% of the fund will be invested in other funds, including exchange traded funds (which typically track an index) and investment trusts. This may include other funds operated by the Manager or its associates. Through these investment, the fund will be exposed to a range of asset classes, creating a low to medium risk portfolio. Between 20-60% of the fund will be exposed to shares in companies, both UK and overseas, but typically this will be between 40-60%. At least 30% of the fund will also be exposed to bonds. Through investing in funds, the Portfolio may also be exposed to other asset classes such as property, commodities (such as gold and oil), money market instruments, which are shorter term loans, cash and other permitted investments. |
To increase the value of an investment over a minimum of 5 years. The fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments, such as interest from bonds and dividends from shares. This will be achieved whilst aiming to maintain a risk rating classification of '4’. The risk classification is a range the Investment Manager maintains from 1 which is classified as the lowest risk to 10 which is classified as the highest risk. The fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income. The fund will invest at least 70% in collective investment schemes, investment trusts and exchange traded products, i.e. ETFs/ETCs with no minimum or maximum exposure to any geographic region. This could include other Investment Funds managed by the Authorised Fund Manager or the Investment Manager. Through these Investment Funds, the fund will be exposed to: • a mix of lower and medium-risk asset types, normally between 25-70%, such as bonds, cash, and money market instruments. • higher-risk asset types, normally between 30-60%, such as shares in companies. • alternative asset types such as property, infrastructure, commodities (e.g. gold) and absolute return funds. |
| Current Fund Name | New Fund Name |
| IFSL Marlborough Global | IFSL Marlborough 8 Portfolio |
| Current Objective | New Objective |
| To increase the value of your investment, over any 5 year period. The fund aims to outperform the average of the IA Global sector, after charges, over any 5 year period. However, there is no certainty this will be achieved. At least 80% of the fund will be invested in other funds, including exchange traded funds (which typically track an index) and investment trusts. This may include other funds operated by the Manager or its associates. Through these investments, the fund will be exposed to a range of assets, creating a medium to high risk portfolio. At least 80% of the fund will be exposed to shares in companies, both UK and overseas. Investments will span a range of developed and emerging markets globally with no particular maximum or minimum exposure to any one market or geographical region. Through investing in funds, the fund may also be exposed to other asset classes such as bonds, property, commodities (such as gold and oil), money market instruments, which are shorter term loans, cash and other permitted investments, although this is expected to be minimal. |
To increase the value of an investment over a minimum of 5 years. The fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments, such as interest from bonds and dividends from shares. This will be achieved whilst aiming to maintain a risk rating classification of 8. The risk classification is a range the Investment Manager maintains from 1 which is classified as the lowest risk to 10 which is classified as the highest risk. The fund is managed to operate within the limits of the risk rating, which may limit the potential for capital growth and income. The fund will invest at least 70% in collective investment schemes, investment trusts and exchange traded products, i.e. ETFs/ETCs with no minimum or maximum exposure to any geographic region. This could include other Investment Funds managed by the Authorised Fund Manager or the Investment Manager. Through these Investment Funds, the fund will be exposed to: • a higher percentage of higher-risk asset types, normally between 80-100%, such as shares in companies. • a lower percentage of lower and medium-risk asset types, normally between 0-20%, such as bonds, cash, and money market instruments. • alternative asset types such as property, infrastructure, commodities (e.g. gold) and absolute return funds. |
Client correspondence
- IFSL Marlborough Balanced - Name AMC Objective change - bundled - SAMPLE
- IFSL Marlborough Balanced - Name AMC Objective change - unbundled - SAMPLE
- IFSL Marlborough Cautious - Name AMC Objective change - bundled - SAMPLE
- IFSL Marlborough Cautious - Name AMC Objective change unbundled - SAMPLE
- IFSL Marlborough Global - Name AMC Objective change - bundled - SAMPLE
- IFSL Marlborough Global - Name AMC Objective change - unbundled - SAMPLE