Significant Fund Changes

Please read this important information regarding important changes we have made, or are planning to make to our Fund Range.

Scheme of arrangement: The Lux funds

We recently informed you that we will transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Please note these changes do not impact GBP share classes.

  • American Smaller Companies Fund (US)
  • European Smaller Companies Fund
  • Global Emerging Markets Equity Fund
  • Global Equity Income Fund

We are pleased to confirm that the transfers have now been successfully completed. Further information can be found below.

Corporate letter

Q&A

Scheme of arrangement: The Lux Funds

We recently informed you that we will transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Please note these changes do not impact GBP share classes.

  • American Fund
  • American Select Fund
  • European Select Fund
  • UK Equity Income Fund
  • UK Fund

We are pleased to confirm that the transfers have now been successfully completed. Further information can be found below.

Investor letter

Q&A

Transfer of customer assets (Scheme of arrangement)

We have written to investors about a proposed change to the following funds.

  • American Extended Alpha Fund
  • Asia Fund
  • Global Extended Alpha Fund
  • Global Select Fund
  • UK Absolute Alpha Fund

We are planning to transfer the assets of investors in certain share classes of each fund listed above into an equivalent share class within our established Luxembourg fund range. The transfers will be made by a process called a scheme of arrangement.

Find out more

Scheme of Arrangement EGM update

We recently informed you of our proposal to transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range.

  • American Smaller Companies Fund (US)
  • European Smaller Companies Fund
  • Global Emerging Markets Equity Fund
  • Global Equity Income Fund

Following the shareholder vote at the extraordinary general meetings, the results of the vote are detailed in the investor letter below.

Corporate letter

Q&A

Cross-border Mergers: Threadneedle Credit Opportunities Fund

We recently informed you that we will transfer the assets of the Threadneedle Credit Opportunities Fund into Threadneedle (Lux) - Credit Opportunities, an equivalent fund within our established Luxembourg fund range. We are pleased to confirm that the transfer was successfully completed on 20 October 2018. Further information can be found below.

Corporate letter

Q&A

Scheme of Arrangement EGM update

We recently informed you of our proposal to transfer the assets of certain share classes of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range. Following the shareholder vote at the extraordinary general meetings held on 10 October 2018, we can confirm that the proposed transfers have now been approved.

  • American Fund
  • American Select Fund
  • European Select Fund
  • UK Equity Income Fund
  • UK Fund

We will be communicating with all impacted clients and outlining the options available to them ahead of the merger date.

Corporate letter

Q&A

Cross-border Mergers: The Lux Funds

We recently informed you that we will transfer the assets of the below listed UK-based funds into an equivalent fund within our established Luxembourg fund range (the "Lux Funds"). We are pleased to confirm that the transfers have now been successfully completed.

  • European Corporate Bond Fund
  • European High Yield Bond Fund
  • Pan European Fund
  • Pan European Smaller Companies Fund
  • Pan European Equity Dividend Fund

Further information can be found below.

Corporate letter

Q&A

Scheme of Arrangement adjourned meetings

Due to procedural issues with the delivery of the Shareholder Circular dated 17 September 2018 to some shareholders, we understand that these investors may not have had sufficient time to consider the proposal and return their proxy. On that basis, we have decided to adjourn the relevant Extraordinary General Meetings (EGMs) for seven days to provide additional time for shareholders to return their proxies. We therefore confirm that the EGMs will be adjourned until 24 October for the following share classes:

  • For Class 2 Accumulation EUR Shares of the European Smaller Companies Fund - 12:40 Luxembourg time (11:40 UK time)
  • For Class 1 Accumulation USD Shares of the Global Equity Income Fund - 12:50 Luxembourg time (11:50 UK time)

Transfer of customer assets (Scheme of arrangement)

We have written to investors about a proposed change to the following funds.

  • American Smaller Companies Fund (US)
  • European Smaller Companies Fund
  • Global Emerging Markets Equity Fund
  • Global Equity Income Fund

We are planning to transfer the assets of investors in certain share classes of each fund listed above into an equivalent share class within our established Luxembourg fund range. The transfers will be made by a process called a scheme of arrangement.

Find out more

Transfer of customer assets (Scheme of arrangement)

We have written to investors about a proposed change to the following funds.

  • American Fund
  • American Select Fund
  • European Select Fund
  • UK Equity Income Fund
  • UK Fund

We are planning to transfer the assets of investors in certain share classes of each fund listed above into an equivalent share class within our established Luxembourg fund range. The transfers will be made by a process called a scheme of arrangement.

Find out more

Cross-border merger EGM update

We recently informed investors of our proposal to transfer the assets of each fund listed below (the "Existing Funds") into an equivalent fund within our established Luxembourg fund range (the "Lux Funds"). Following the shareholder vote at the extraordinary general meetings (EGMs) held on 24 August 2018, we can confirm that the transfers have been approved for all the affected funds.

  • European Corporate Bond Fund
  • European High Yield Bond Fund
  • Pan European Fund
  • Pan European Smaller Companies Fund
  • Pan European Equity Dividend Fund
  • Credit Opportunities Fund

We will be communicating with all impacted clients and outlining the options available to them ahead of the merger date.

Corporate letter

Q&A

Transfer of customer assets (Cross-border merger)

We have written to investors about a proposed change to the following funds.

  • European Corporate Bond Fund
  • European High Yield Bond Fund
  • Pan European Fund
  • Pan European Smaller Companies Fund
  • Pan European Equity Dividend Fund
  • Credit Opportunities Fund

We are planning to transfer the assets of each fund listed above into an equivalent fund within our established Luxembourg fund range. The transfer will be made by a process called a 'cross-border merger'.

Find out more

Compulsory share class conversion

We will be applying compulsory conversion to some of our Funds with effect from 16 June 2018. We have written to investors in the funds impacted by the change.

More information and the list of funds and share classes can be found here.

UK Growth & Income Policy Change

The Threadneedle UK Growth & Income Fund is altering its investment policy to remove the reference to "blue chip large capitalised UK companies" and replacing it with "larger capitalised UK companies".

Agent Letter

Q and A