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HL Multi-Manager Funds

The result

Thank you for taking the time to read the documents we sent, and for voting on the HL Multi-Manager Fund changes we proposed.

We’re pleased to announce that the changes have been approved. All four Extraordinary Resolutions, for each HL Multi-Manager Fund, got over 88% of votes in favour, which comfortably exceeded the 75% needed for each Resolution to be carried.

We’d like to thank you again for your support and we’re now looking forward to putting these changes into action.

Lee Gardhouse, Chief Investment Officer, shares his view on the approved changes.

Read transcript

What happens now?

The changes will take effect on 22 October 2018.

On this date the Funds will move to a single price to make it simpler for you when buying or selling.

Then on 5 November 2018, we plan to appoint our first Sub-Adviser to manage a portion of the HL Multi-Manager Income & Growth Fund. On 7 January 2019, we plan to appoint a second Sub-Adviser to manage a portion of the HL Multi-Manager Income & Growth Fund and HL Multi-Manager Equity & Bond Fund.

We’ll provide more details on the appointments closer to the time and you can read more about why we’re making the changes, and what they mean for you, below.

FAQs