On 1 November 2017 we will be making changes to the way the Threadneedle Japan Fund is managed.
Threadneedle Asset Management Limited (TAML), the investment manager of the Fund, will be able to delegate investment decisions for the Fund to Columbia Management Investment Advisers, LLC (CMIA), which is a US-based investment manager in the Columbia Threadneedle group of companies.
This means that the Fund will benefit from the additional research capability from a large US-based team to complement our strong research base in the UK and US-based fund managers can be involved in making investment decisions for the Fund.
The value of your investments and the number of shares you hold will not be affected by this change and there will be no change to the Fund’s investment objective. However, the investment policy will change to reflect the intention to invest in fewer companies following the changes.
Investing in fewer companies could prove more rewarding for investors but could also increase the volatility of returns. The Synthetic Risk and Reward Indicator (SRRI), which can be found on the Key Investor Information Document (KIID), will remain at level 6: towards the higher end of the risk spectrum.
No action is required.
Further information can be found in the Q&A and on the new KIID below.
*Calls may be recorded.