Significant fund changes

Simplification of our Equity Fund Range​

We are pleased to confirm that the following transfers were completed on the 12 May 2017.

Existing Funds
New Funds*
Threadneedle European ex-UK Growth Fund
European Fund
Threadneedle Japan Growth Fund
Japan Fund
Threadneedle Pacific ex-Japan Growth Fund
Asia Fund
Threadneedle UK Equity Income Fund
UK Equity Income Fund
Threadneedle UK Growth Fund
UK Select Fund

*These funds are existing funds.

If your clients invest in one of the Existing Funds above, their investment will have been automatically transferred to the relevant New Fund. We will send your client a post-transfer statement with details of the value, share price and number of shares they hold in the New Fund(s).

Why did Columbia Threadneedle make these changes?

This is mostly an administrative change and largely to eliminate duplication of Funds, but we expect that our shareholders will benefit from lower fees and expenses in the New Funds.

How has my clients’ investment been affected by the transfer?

We want to assure you that the transfers have not affected the value of your investment or the way it is managed. The changes are largely administrative, and include:

  • A change to the valuation point – as a result of the proposed changes, the valuation point has moved from 2.00pm to 12.00 noon.
  • A change to the date on which income is paid for income shares.
  • Changes to the way certain fees are applied.

Full details of the differences between the Existing Funds and the New Funds can be found in the shareholder circular.

How has my clients’ ISA been affected by the transfer?

If you hold your investment within an ISA, the ISA terms and conditions for the New Funds are different – a comparison of the terms and conditions is available.

We believe that the new terms and conditions are no less favourable than the current ones. The new terms and conditions will be introduced from the effective date for the transfers (detailed in the table below).

There will be no change to the ISA terms and conditions for any of the other funds offered by us as a result of the change.

How have my clients existing shareholdings changed?

Shareholders in the Existing Fund will receive new shares as set out in the following table:

Existing Shares (share class type)
New Shares (share class type)
Threadneedle European ex-UK Growth Fund
European Fund
Retail Accumulation
D Accumulation
2nd Retail Accumulation
D Accumulation
Institutional Accumulation
L Accumulation
Institutional Income
L Income
Institutional Income hedged (P)*
L Income hedged (P)*
Group Accumulation
X Accumulation
Threadneedle Japan Growth Fund
Japan Fund
Institutional Accumulation
L Accumulation
Group Accumulation
X Accumulation
Threadneedle Pacific ex-Japan Growth Fund
Asia Fund
Institutional Accumulation
L Accumulation
Group Accumulation
X Accumulation
Threadneedle UK Growth Fund
UK Select Fund
Retail Accumulation
D Accumulation
2nd Retail Accumulation
D Accumulation
Institutional Accumulation
L Accumulation
Group Accumulation
X Accumulation
Threadneedle UK Equity Income Fund
UK Equity Income Fund
Retail Accumulation
D Accumulation
2nd Retail Accumulation
D Accumulation
Institutional Accumulation
L Accumulation
Institutional Income
L Income
Group Accumulation
X Accumulation

The Class L and Class D shares are closed to new investments.

*(P) refers to portfolio currency hedging.
How can my clients find out the value, price and number of shares they hold in the New Funds?
Your client will receive a post-transfer statement with details of the value, share price and number of shares you hold in the New Fund(s) after the relevant transfer has taken place.
What are the ISIN codes for the Existing Funds and New Funds?
Existing Funds
New Funds
Share class
ISIN
Shareclass
ISIN
Threadneedle European ex-UK Growth Fund
European Fund
Retail Accumulation
GB0032859901
D Accumulation
GB00BDZYJD38
2nd Retail Accumulation
GB00B3L6GK99
D Accumulation
GB00BDZYJD38
Institutional Accumulation
GB00B3CZXF97
L Accumulation
GB00BDZYJG68
Institutional Income
GB00B64T9L84
L Income
GB00BDZYJH75
Institutional Income hedged (P)
GB00B58K3R44
L Income hedged (P)
GB00BDZYJC21
Group Accumulation
GB0031982589
X Accumulation
GB00BDZYJF51
Threadneedle Japan Growth Fund
Japan Fund
Institutional Accumulation
GB00B3CZX937
L Accumulation
GB00BDZYJK05
Group Accumulation
GB0031982704
X Accumulation
GB00BDZYJJ99
Threadneedle Pacific ex-Japan Growth Fund
Asia Fund
Institutional Accumulation
GB00B3CZRB32
L Accumulation
GB00BDZYJM29
Group Accumulation
GB0031982811
X Accumulation
GB00BDZYJL12
Threadneedle UK Growth Fund
UK Select Fund
Retail Accumulation
GB0008520966
D Accumulation
GB00BDZYJN36
2nd Retail Accumulation
GB00B4JNGL05
D Accumulation
GB00BDZYJN36
Institutional Accumulation
GB00B3CZRG86
L Accumulation
GB00BDZYJQ66
Group Accumulation
GB0032071655
X Accumulation
GB00BDZYJP59
Threadneedle UK Equity Income Fund
UK Equity Income Fund
Retail Accumulation
GB00B3L6GP45
D Accumulation
GB00BDZYJS80
2nd Retail Accumulation
GB00B3L6GN21
D Accumulation
GB00BDZYJS80
Institutional Accumulation
GB00B3L6GM14
L Accumulation
GB00BDZYJT97
Institutional Income
GB00B640FZ73
L Income
GB00BDZYJV10
Group Accumulation
GB00B3L6GL07
X Accumulation
GB00BDZYJR73

The Class L and Class D shares are closed to new investments.

Further information

If you have any further questions, please call us on 0800 953 0134*. Our team is available from 8:00 am to 6:00 pm, Monday to Friday.

*Calls may be recorded

Related Documents

PDF

Adviser letter

PDF

Investor letter (UK)

PDF

Investor letter (ex UK)

PDF

ISA Investor letter

PDF

Shareholder circular

PDF

ISA terms and conditions comparison

PDF

Receiving Funds Letter

PDF

Receiving Funds Q&A

PDF

Share Class Mapping