On 2 April 2025, Ninety One Fund Managers UK Limited issued a circular to shareholders in the Multi-Asset Protector Fund, together with a notice of an EGM regarding the proposed merger of the Multi-Asset Protector Fund into the Diversified Income Fund. This merger was approved by shareholders at the EGM held on 1 May 2025.
No contract notes are 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 Multi-Asset Protector Fund together with the number of new shares allocated in the Diversified Income Fund will be available to view via Secure Distributor Portal (‘DOLR’) from 19 May 2025. The merger circular can be obtained on our website here:
https://ninetyone.com/-/media/documents/2025/91-oeic-fund-series-iv-multi-asset-protector-fund-merger-proposal-0425-en.pdf
The merger ratio can be found here:
Share Class Mapping:
Merging Fund ISIN |
Merging Fund Share Class Name |
Receiving Fund ISIN |
Receiving Fund Share Class Name |
|
GB00B3CHD226 |
Multi-Asset Protector Fund, A, Acc, GBP |
GB0031074924 |
Diversified Income Fund, A, Acc, GBP |
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, Should you have any queries on this communication please contact the SS&C Distributor Client Services Team using the WebChat option below
IMPORTANT NOTE: For client(s) who hold accumulation shares, any available income will be accumulated within the Multi-Asset Protector Fund and reflected in the value of those shares. This value, including any income, will be used to calculate the number of new shares issued to them in the Diversified Income Fund. Tax vouchers, if applicable, will also be sent to investors shortly after the income payment date.