Investment Policy Change - Pictet Absolute Return Global Diversified Fund
Pictet will be changing the investment policy of the Pictet Absolute Return Global Diversified Fund on 26 May 2015.
What are the changes?
These include broadening the Funds investment options in order to help it achieve its objective. It will also diversify risk by spreading investments across several types of strategies and asset classes.
Full details of the changes can be viewed in the Pictet shareholder notification opposite.
Alternative fund option
The changes affect our guided architecture products, LifePlan, Oracle, Paragon and Quantum. If Policyholders are not happy with the changes they can choose to switch into another fund available to their policy at any time by either completing and returning a Fund switch instruction form, or if registered for switching on our Online Service Centre, by conducting a switch online. All switches are free of charge.
We have issued letters to these policyholders notifying them of the changes. Where an investment adviser is appointed, they will receive our notification instead of the policyholder. Servicing financial advisers attached to these policies will receive a copy of the letter for their information.
Sample letters can be viewed opposite.