RLP UK Equity Core Plus (Schroder UK Equity) & (Schroder Core UK Equity) – August 2018
We’re replacing the above underlying investments and as a result, the Schroder funds will change to the RLP UK Equity Core Plus (JPM UK Equity Growth) pension fund. This change will take place week commencing 3 December 2018.
We have issued letters to all our customers invested in the fund detailing the change and what this means for their investment.
Why are we making this change?
The Schroder funds have suffered poor performance and the Royal London Investment Advisory Committee (IAC) has raised concerns about the consistent underperformance of them over significant time periods.
The JPM UK Equity Growth fund has a strong performance track record coupled with a robust investment process.