Closure of the Guaranteed Profits Funds 2018
13 September 2018
The Guaranteed Profits Funds 2018 ("GPF 2018") reach their Maturity Date on 31 December 2018 and will subsequently close. This means that the value of the GPF 2018 units held on that date will then be available for reinvestment.
The proceeds will automatically be switched, depending on the currency of the Guaranteed Profits Fund in which policyholders are invested, into one of the Currency funds listed below.
|
Closing Fund |
Default Replacement Fund |
|
D18 Guaranteed Profits Fund 2018 Sterling |
M65 Investec GS Sterling Money |
|
F18 Guaranteed Profits Fund 2018 US Dollars |
M66 Investec GS US Dollar Money |
Details of the above Default Replacement Funds together with our full fund range can be viewed on our Fund Centre.
Further information can be found in the client letter, which has been sent out to policyholders invested in these funds.
Should you have any questions regarding these changes, please contact International Funds & Investments.