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We’re making changes to the following funds:
- SL LF Macquarie Global Infrastructure Securities Pension Fund (fund code – YP)
- SL LF Macquarie Global Infrastructure Securities Life Fund (fund code – YQ)
What’s happening?
The ownership of the underlying fund is changing from Link Fund Solutions to Waystone Management Limited, effective from 02 October 2023. As a result of this, the fund name and description will be changing.
Standard Life is changing the fund name and description of its funds to reflect the changes in the underlying funds ownership. You can see details of the original and updated fund name and descriptions in the table at the bottom of the page.
We’ll soon be updating all of our websites and literature to reflect the new fund descriptions from October 2023.
What does this mean for my clients?
We’ll not be writing to any customers to inform them of the change in fund ownership as the impact to the fund itself is minimal, however, you may wish to contact them yourself.
Please speak to your Standard Life Account Manager for more information.
Current fund name |
New fund name |
---|---|
SL LF Macquarie Global Infrastructure Securities Pension Fund (fund code – YP) |
SL WS Macquarie Global Infrastructure Securities Pension Fund (fund code – YP) |
Current fund description |
New fund description |
The SL LF Macquarie Global Infrastructure Securities Pension Fund invests primarily in the LF Macquarie Global Infrastructure Securities Fund. The aim of the LF Macquarie Global Infrastructure Securities Fund is summarised below. The LF Macquarie Global Infrastructure Securities Fund (the Fund) aims to achieve a total return (the combination of income and capital growth), after all costs and charges have been taken, over any five-year period. There is no guarantee that the objective will be met over any time period, and you may get back less than you invest. |
The SL WS Macquarie Global Infrastructure Securities Pension Fund invests primarily in the WS Macquarie Global Infrastructure Securities Fund. The aim of the WS Macquarie Global Infrastructure Securities Fund is summarised below. The WS Macquarie Global Infrastructure Securities Fund (the Fund) aims to achieve a total return (the combination of income and capital growth), after all costs and charges have been taken, over any five-year period. There is no guarantee that the objective will be met over any time period, and you may get back less than you invest. |
Current fund name |
New fund name |
---|---|
SL LF Macquarie Global Infrastructure Securities Life Fund (fund code – YQ) |
SL WS Macquarie Global Infrastructure Securities Life Fund (fund code – YQ) |
Current fund description |
New fund description |
The SL LF Macquarie Global Infrastructure Securities Pension Fund invests primarily in the LF Macquarie Global Infrastructure Securities Fund. The aim of the LF Macquarie Global Infrastructure Securities Fund is summarised below. The LF Macquarie Global Infrastructure Securities Fund (the Fund) aims to achieve a total return (the combination of income and capital growth), after all costs and charges have been taken, over any five-year period. There is no guarantee that the objective will be met over any time period, and you may get back less than you invest. |
The SL WS Macquarie Global Infrastructure Securities Pension Fund invests primarily in the WS Macquarie Global Infrastructure Securities Fund. The aim of the WS Macquarie Global Infrastructure Securities Fund is summarised below. The WS Macquarie Global Infrastructure Securities Fund (the Fund) aims to achieve a total return (the combination of income and capital growth), after all costs and charges have been taken, over any five-year period. There is no guarantee that the objective will be met over any time period, and you may get back less than you invest. |