Closure of R22 M&G Global Basics and R23 M&G Global Leaders
09 December 2016
As part of our Fund Governance process, we regularly monitor our fund range to ensure that we continue to offer a high quality range of investment solutions. A specialist team reviews each fund to ensure it meets the needs of the international investor.
As R22 M&G Global Basics and R23 M&G Global Leaders no longer meets the minimum size requirements necessary for the continued administration of a fund, we have taken the decision to close this fund with effect from 10 March 2017.
When funds close we select a fund from our internal fund range to act as an alternative investment for the resulting proceeds (default fund) and, in this case, your investment will be switched to J74/R173 Investec GS Global Strategic Equity. At the closure date, all existing investments and regular premiums will be switched/redirected into the default fund as advised in the client notification letters.
For further details, please select from the options below the appropriate letter for you.
Should you have any questions regarding these closures, please contact International Funds & Investments.