Ninety One Fund Merger

FUND MERGER – Global Multi-Asset Sustainable Growth Fund, into Global Macro Allocation Fund

On 2 May 2024, Ninety One Fund Managers UK Limited issued a circular to shareholders in the Global Multi-Asset Sustainable Growth Fund, together with a notice of an EGM regarding the proposed merger of the Global Multi-Asset Sustainable Growth Fund into the Global Macro Allocation Fund. This merger was approved by shareholders at the EGM held on 5 June 2024.

• Dealings in the Global Multi-Asset Sustainable Growth Fund ceased after the last VP at 12 noon on 13 June 2024.
• The final accounting period for the Global Multi-Asset Sustainable Growth Fund ended at 12 noon on 13 June 2024, and the fund was XD at this point (investors on the register at this time will qualify for any available income distribution). The merger then took place after the fund was ‘XD’ at 12.01 pm on 14 June 2024.
• Dealings in the shares allocated as a result of the merger in the Global Macro Allocation Fund will commence on 17 June 2024.

No contract notes will be sent confirming the merger transactions, but a confirmation letter will be sent to shareholders within twenty-one days of the merger and details of the number of shares which were held in the Ninety One Global Multi-Asset Sustainable Growth Fund together with the number of new shares allocated in the Global Macro Allocation Fund will be available to view via Distributor Online (‘DOLR’) from 17 June 2024. The merger circular can be obtained on our website here:

https://ninetyone.com/-/media/documents/2024/91-oeic-global-multi-asset-sustainable-growth-fund-merger-proposal-information-pack-en.pdf

The merger ratio can be found here:

https://ninetyone.com/-/media/documents/2024/91-oeic-global-multi-asset-sustainable-growth-fund-merger-ratio-en.pdf

There will be no change to your existing Unit Holder ID or Agent Code as a result of this merger. Should you have any queries or questions about this merger, please contact the SS&C Distributor Client Services Team, our contact details can be found by clicking here.

IMPORTANT PLEASE NOTE: 

For investors who hold the accumulation share class type, any available income will be accumulated within the Global Multi-Asset Sustainable Growth Fund and reflected in the value of those shares. This value, including any income, was used to calculate the number of shares issued to you in the Global Macro Allocation Fund. Tax vouchers, if applicable, will also be sent to investors in both the accumulation and income share classes by 12 August 2024.