Notification of changes to a number of our ILP sub-funds of Canaccord Genuity
25 Apr 2024
R202 Canaccord Genuity Affinity (GBP)
R196 Canaccord Genuity Affinity (USD)
R186 Canaccord Genuity Diversity (GBP)
R135 Canaccord Genuity Diversity (SGD HDG)
R133 Canaccord Genuity Diversity (USD)
(Together the “Affected ILP sub-funds”)
In March 2022 we provided notification that Canaccord Genuity Investments Funds Plc (the “Company") was conducting a rebranding exercise of its fund range. The prefix of the Company's funds changed from CGWM to Canaccord Genuity.
With effect from April 2022, our CGWM ILP sub-funds were updated to reflect Canaccord Genuity in their names. We are now further amending the names of the Affected ILP sub-funds to better reflect the name of each Canaccord underlying fund of the Affected ILP sub-funds, which were changes we did not adopt in April 2022.
The Company believed that changing Affinity to Growth and Diversity to Balanced provides investors with a better description of the investment objective for its funds.
The name changes of the Affected ILP sub-funds will take effect on 31 May 2024 as follows:
| Affected ILP sub-funds before Effective Date | Affected ILP sub-funds after Effective Date |
|---|---|
| R202 Canaccord Genuity Affinity (GBP) | R202 Canaccord Genuity Growth (GBP) |
| R196 Canaccord Genuity Affinity (USD) | R196 Canaccord Genuity Growth (USD) |
| R186 Canaccord Genuity Diversity (GBP) | R186 Canaccord Genuity Balanced (GBP) |
| R135 Canaccord Genuity Diversity (SGD HDG) | R135 Canaccord Genuity Balanced (SGD HDG) |
| R133 Canaccord Genuity Diversity (USD) | R133 Canaccord Genuity Balanced (USD) |
The changes outlined above do not have a material impact on the investment strategy or risk profile of the underlying funds of our Affected ILP sub-funds. There is no material change in the operation and/or manner in which the underlying funds are being managed.
The name changes for the Affected Mirror Funds will happen automatically in policies and within our fund centre. Policyholders do not need to take any action as a result of the change if they wish to remain invested in the ILP sub-funds.
Should you have any questions regarding these changes, please contact the Investment Marketing team.
