Closure of the Guaranteed Profits Funds 2016
15 September 2016
The Guaranteed Profits Funds 2016 ("GPF 2016") reach their Maturity Date on 31 December 2016 and will subsequently close. This means that the value of the GPF 2016 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 |
|---|---|
| D16 Guaranteed Profits Fund 2016 Sterling | M65 Investec GS Sterling Money |
| F16 Guaranteed Profits Fund 2016 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 maturities, please contact International Funds & Investments.