Fund Changes

Insight Investment Approved Fund Mergers and Changes

Information regarding changes to the Insight Investment Professional Funds ICVC and Insight Investment Discretionary Funds ICVC

Following a recent review of our UK Retail Fund range, investors have approved the following:

• To change the investment policy of the ‘Insight Investment UK Equity Fund’ and to change the name to the ‘Insight Investment UK Alpha Fund’.  
• A merger of certain share classes of the ‘Insight Investment Asia Pacific Equity Fund’, ‘Insight Investment Japan Equity Fund’ and the ‘Insight Investment US Equity Fund’ with the ‘Insight Investment Global Alpha Fund’.
• A merger of certain share classes of the ‘Insight Investment European Equity Fund’ with the ‘Insight Investment European Alpha Fund’.
• A merger of certain share classes of the ‘Insight Investment European Ethical Fund’ with the ‘Insight Investment Evergreen Fund’.

We believe the changes will provide the funds with:

• a more flexible investment approach,
• an investment proposition more closely aligned to customer needs
• the potential to produce more attractive returns.

In addition, as a result of each merger shareholders will be invested in a much larger fund thereby reducing the proportion of the fund made up of fixed costs, so passing on proportionately lower expenses.

The changes will take effect on the following dates;

If you have any queries, please do not hesitate to contact our Customer Services Team