By Stuart Beadle on Thursday, 19 September 2024
Category: News

Aviva Investors Distribution Fund changing to Aviva Investors Multi-Asset Income Fund – 24/09/2024

Following a successful EGM merger vote on 22 August 2024, the below changes to the Aviva Investors Distribution Fund will take effect from 24 September 2024.

 

Current

Proposed

Name

Aviva Investors Distribution Fund

Aviva Investors Multi-Asset Income Fund

Benchmark

35% of the FTSE® All-Share Index and

30% MSCI AC World Index,

65% of a composite index comprising:

20% Bloomberg Global High Yield Total Return Value Index and

50% ICE BofA Single-A Sterling Non-Gilt Index and   50% ICE BofA BBB Sterling Non-Gilt Index.

50% Bloomberg Global Aggregate Corporate Total Return Index (Hedged GBP).

Investment Objective

The Fund aims to deliver an income equivalent to the benchmark income whist seeking to provide capital growth over the long term (5 years or more).

The Fund aims to:

1) deliver an income return in excess of the Index over any given 3-year period (before charges and taxes); and

2) grow your investment and provide an average annual net return greater than the Index over rolling 5-year periods.

Investment Policy (key elements)

UK focus- shares of UK companies and bonds (95% of which are in, or hedged to, Sterling)

Global focus

Quarterly Distributions move to Monthly

XD Dates: 16 Jul, 16 Oct, 16 Jan, 16 Apr

XD Dates: 16 of the Month every month

Pay Dates (2 months after XD): 15 Sept, 15 Dec, 15 Mar, 15 Jun

Pay dates 15 of the Month following XD date

Fees (capped OCFs)

SC1- 0.88%

SC1- 0.8%

SC2- 0.73%

SC2- 0.6%

 

Old Name

SEDOL

ISIN

New Name

Aviva Investors Distribution Fund Class 1 Inc

3044221

GB0030442213

Aviva Investors Multi-asset Income Fund 1 Inc

Aviva Investors Distribution Fund Class 2

3044232

GB0030442320

Aviva Investors Multi-asset Income Fund 2 Inc

Aviva Investors Distribution Fund Class 1 Acc

3360659

GB0033606590

Aviva Investors Multi-asset Income Fund 1 Acc

Aviva Investors Distribution Fund Class 2 Acc

BYZC2W4

GB00BYZC2W42

Aviva Investors Multi-asset Income Fund 2 Acc

Aviva Investors Distribution Fund Class 9 Inc

BMZBMJ4

GB00BMZBMJ41

Aviva Investors Multi-asset Income Fund 9 Inc

Aviva Investors Distribution Fund Class 9 Acc

BMZBMH2

GB00BMZBMH27

Aviva Investors Multi-asset Income Fund 9 Acc