Closure of P97 Parvest Bond Best Selection World Emerging
23 August 2017
As part of our Fund Governance process, we regularly monitor our fund range to ensure that we continue to offer a diverse range of investment options. A specialist team reviews each fund to ensure it meets the needs of the international investor.
As P97 Parvest Bond Best Selection World Emerging no longer meets the minimum size requirements necessary for the continued administration of a fund, we have taken the decision to close this fund with effect from 29 November 2017.
When funds close we select a fund from our internal fund range to act as an alternative investment for the resulting proceeds (default fund) and, in this case, your investment will be switched to L13 Templeton Emerging Markets Bond / R145 HSBC GEM Debt Total Return. At the closure date, all existing investments and regular premiums will be switched/redirected into the default fund as advised in the client notification letter.
Copies of the client letters, which have been sent out to policyholders invested in this fund can be found below, please select the appropriate letter from the following options:
Client letter for Singapore Investors
Client letter for Rest of World Investors
Should you have any questions regarding this closure, please contact International Funds & Investments.