Pension and Investment fund updates

Our funds are always potentially subject to changes, and we want to keep you up-to-date with what's happening. You'll find information on recent changes below.

We'd recommend that you visit this page for information if you are considering your investment choice. This page is for information purposes only. Please speak to your adviser if you require any more information.

Stewart Investors (Part of First State Investments) changed the objective of the fund underlying the Prudential Stewart Investors Asia Pacific Leaders Fund in May 2016.

Stewart Investors changed the objective of their fund to improve clarification and transparency around how the fund is managed. 

The fund’s strategy, Prudential risk rating and fund charges remain the same.

What changed?

The table below shows the details of the previous and new objectives.

Previous objective

New objective

The investment strategy of the fund is to purchase units in the Stewart Investors Asia Pacific Leaders Fund. That fund aims to achieve long-term capital growth by investing primarily in large mid-capitalisation equities in the Asia Pacific region (excluding Japan, including Australasia).

The investment strategy of the fund is to purchase units in the Stewart Investors Asia Pacific Leaders Fund. That fund aims to achieve long-term capital growth by investing primarily in large and mid-capitalisation equities issued by companies that are incorporated or listed, or which conduct the majority of their economic activity, in the Asia Pacific region (excluding Japan, including Australasia). Particular consideration is given to investment in companies that are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate.

 

What current investors need to do?

You don't need to do anything. We've written to those invested in the fund to tell them about the changes.

 

Artemis changed the name and description of the fund underlying the Prudential Artemis UK Growth Fund in February 2016.

The Prudential fund’s existing underlying fund strategy, Prudential risk rating and fund charges remain the same.

What's changed?

The table below shows the details of the name and fund description changes that applied to the Prudential fund:

  Fund name Fund description
Previous 

Prudential Artemis UK Growth Fund

The investment strategy of the fund is to purchase units in the Artemis UK Growth Fund. That fund aims to achieve long-term capital growth. The emphasis of the fund will be investment in companies listed, quoted and/or traded in the UK and in companies which are headquartered or have a significant part of their activities in the UK which are quoted on a regulated market outside the UK.
 New

Prudential Artemis UK Select Fund

The investment strategy of the fund is to purchase units in the Artemis UK Select Fund. That fund aims to achieve long-term capital growth. The emphasis of the fund will be investment in companies listed, quoted and/or traded in the UK and in companies which are headquartered or have a significant part of their activities in the UK which are quoted on a regulated market outside the UK.

What current investors need to do?

You don't need to do anything. We've written to those invested in the fund to tell them about the change.

 

 

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