Changes to the underlying fund of L21 Pictet Environmental Megatrend Selection

25 February 2016

We have been informed by Pictet of a name change to the underlying fund into which the Friends Provident International L21 Pictet Environmental Megatrend Selection fund invests. This change is effective from 16 March 2016.

As a result of the underlying fund name changing, the Friends Provident International L21 Pictet Environmental Megatrend Selection fund name will also change with effect from the same date.  

The fund name before and from the effective date is detailed in the table below:  

Fund name and code before 16 March 2016	Fund name and code from 16 March 2016
L21 Pictet Environmental Megatrend Selection	L21 Pictet Global Environmental Opportunities

In addition, Pictet will also amend the investment objective and policy for the underlying fund, details of which can be found in the client letter. 

Please note that all other details of the fund remain unchanged.

Should you have any questions regarding these changes, please contact International Funds & Investments.