SL/JPMorgan Cautious Total Return - December 2013
Due to changes in the underlying fund we have had to make some changes to the SL/JPMorgan Cautious Total Return fund with effect from 6th December 2013.
The following changes took place:
- The fund was renamed SL/JPMorgan Cautious Managed pension fund.
- The investment objective changed to - The Fund aims to provide income and long-term capital growth by investing in a global portfolio of assets.
- The benchmark changed to - 70% J.P.Morgan GBI Global Hedged to GBP, 30% MSCI World Index (Net) Hedged to GBP
These changes have no effect on the value of customers investments or the charge applied to the fund.
We have issued a letter to all customers invested in this fund detailing the changes.