| Change Details | |
|---|---|
| Title | Investment Fund Services Limited (IFSL) |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 03 July 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Investment Fund Services Limited (IFSL) |
| Fund Name | IFSL Marlborough Bond Income |
| Type of change | Name, Objective, Invetment policy & IA sector change |
| Date change effective from | 03/07/2025 |
| Is the event subject to shareholder approval? | Yes |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| IFSL Marlborough Bond Income | IFSL Marlborough Global Corporate Bond |
| 3. IA sector change details | |
| Current IA sector | New IA sector |
| IA Sterling Corporate Bond | IA Global Corporate Bond |
| 4. Investment objectives | |
| Previous objective | The aim of the Fund is to provide income, that is, money paid out from an investment as interest, with the potential for some capital growth, that is, to increase the value of your investment. The Fund aims to outperform the average of the IA Sterling Corporate Bond sector over any 5 year period, after any charges have been taken out of the Fund. There is no certainty that either aim of the Fund will be achieved. The Fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. At least 80% of the Fund will be invested in bonds issued by companies and institutions. These will be investment grade bonds which are loans issued by entities that have a high capacity to repay the debt. The Fund may also invest in sub-investment grade bonds which can be more vulnerable to changing economic conditions, bonds issued by governments, shares (including preference shares and permanent interest-bearing shares), bonds which may be converted into shares (known as convertible bonds) and money market instruments (short term loans typically issued by governments and corporations). The Fund invests in a diversified portfolio of securities and has no constraints in relation to industry. |
| New objective | The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of income received by the Fund, which is money paid out investments as interest, and capital growth, which is profit on investments held. The Fund aims to outperform the Bloomberg Global Aggregate Corporate Index (GBP Hedged) over any 5-year period, after any charges or expenses have been taken out of the Fund. There is no certainty that either aim of the Fund will be achieved. The Fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. At least 80% of the Fund will be invested in bonds issued by companies and institutions. These will be investment grade bonds which are loans issued by entities that have a high capacity to repay the debt. The Fund may also invest in sub-investment grade bonds which can be more vulnerable to changing economic conditions, bonds issued by governments, shares (including preference shares and permanent interest-bearing shares), bonds which may be converted into shares (known as convertible bonds) and money market instruments (short term loans typically issued by governments and corporations). The Fund invests in a diversified portfolio of securities and has no constraints in relation to industry. From time to time the Fund may also hold other funds, which could include funds managed by the Manager, the Investment Manager, or one of their associates, although this will not exceed 10%. |