| Change Details | |
|---|---|
| Title | M&G Episode Income |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 10 July 2025 |
| Change Details | Name & investment policy change |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | M&G Securities Limited |
| Fund Name | M&G Episode Income |
| Type of change | Name & investment policy change |
| Date change effective from | 10/07/2025 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| M&G Episode Income | M&G Income and Growth |
| 3. Investment policies | |
| Previous Investment policy | The fund manager adopts a flexible approach to the allocation of capital between asset classes in response to changes in economic conditions and the valuation of assets. Central to this approach is the identification of episodes, which are periods of time during which, in the fund manager’s view, asset prices become over- or under-stated, relative to objective valuation measures, due to the emotional reaction of investors to events. These episodes can exist over both the short and medium term. The fund invests in transferable securities, fixed income assets (including, but not limited to, corporate bonds and government and public securities), warrants, cash, and near cash. Exposure to these assets, and to property, may be gained via collective investment schemes and derivatives (including equity index futures, currency forwards, interest rate swaps, and other liquid derivatives). The manager may seek to minimise currency risk through the combination of diversification and hedging. |
| New Investment policy | The fund invests globally across a range of asset classes, including equities and equity-related securities, fixed income securities, cash and near cash. Exposure to these assets is typically gained directly, but may also be gained indirectly, via funds (including funds managed by M&G) or derivatives. The fund may also invest indirectly in other asset classes such as property. The fund will typically invest 20%-50% of its assets in equities, 40%-80% in bonds and up to 20% in other assets, which can include convertibles. The manager may seek to minimise currency risk through the combination of diversification and hedging. |