| Change Details | |
|---|---|
| Title | MI Polen Capital Emerging Markets Dividend Growth |
| Type | Other events |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 01 August 2025 |
| Change Details | Name, objective & AMC changes |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Apex Fundrock Limited |
| Fund Name | MI Polen Capital Emerging Markets Dividend Growth |
| Type of change | Name, Objective & AMC Changes |
| Date change effective from | 1 August 2025 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| MI Polen Capital Emerging Markets Dividend Growth | MI Polen Capital Emerging Markets Growth |
| 3. Investment objective & policy | |
| Previous objective | The fund seeks to achieve capital appreciation and income growth by mainly investing in an actively managed portfolio of dividend-paying emerging market securities. The portfolio will consist principally of quoted equity securities, issued by companies established or operating in emerging market countries, principally in Asia, Eastern Europe, the Middle East, Africa and Latin America. The fund may also invest at the Investment Manager’s discretion in other transferable securities, money market instruments, cash and near cash, depositary receipts, derivative instruments and forward transactions deposits, and derivatives for the purpose of hedging or efficient portfolio management. |
| New objective | The fund seeks to achieve capital appreciation and income growth by investing in an actively managed portfolio of dividend-paying emerging market securities. The portfolio will consist of at least 80% in quoted equity securities, issued by companies established or operating in emerging market countries, with at least 80% (and potentially up to 100%) invested in Asia, Eastern Europe, the Middle East, Africa and Latin America. Investment can be in companies of any size and in any business sector and there is no intention for there to be any specific allocation to any one region or country, although at times there may be a higher exposure to any one area or country based on the Investment Manager’s view of opportunities in the relevant markets. The fund may also invest up to 20% at the Investment Manager’s discretion in other transferable securities, money market instruments, cash and near cash, depositary receipts and deposits. The fund may use derivatives but only for the purpose of efficient portfolio management to reduce risk and cost in the fund. The Investment Manager focuses on analysing individual companies rather than relying on macroeconomic or sector-wide trends to guide investment decisions. It emphasises in-depth research into a company’s financial health, business model, competitive advantages, management quality, and long-term growth prospects. By evaluating these fundamentals, the goal is to identify high-quality businesses that align with the Investment Manager's investment philosophy. The approach results in a concentrated portfolio of 25-40 high quality companies with superior and sustainable growth potential. The process can result in significant exposure to a single country or a small number of countries. The fund aims to hold securities for long periods (typically at least 5 years), which generally results in relatively low portfolio turnover and is in line with the Investment Manager’s long-term investment outlook. |
| 2. Change to charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.90% |
| New AMC | 0.75% |
| Previous TER | 1.78% |
| New TER | 1.63% |