Significant fund changes
Important Information
Please read this important information regarding important changes we have made, or are planning to make to our fund range.
For details of significant events shown on Key Investor Information Documents (KIID), please refer to the below documents:
Significant Events related to Columbia Threadneedle (AM) Holdings PLC
Effective 12 December 2024, changes will be made to the investment policy of CT (Lux) Asian Equity Income to broaden the permitted regional exposure, beyond Asia, to include investment in companies in the wider Asia Pacific region or which have significant Asia Pacific business operations (excluding Japan).
Further information can be found here.
Effective 2 September 2024, changes will be made to the investment policy and SFDR RTS Annex (pre-contractual disclosures) of CT (Lux) Global Focus.
The fund already promotes environmental and social characteristics by integrating a range of responsible investment measures into the investment decision-making process, as well as ensuring that the companies in which the fund invests follow good governance practices.
From the Effective Date, the investment manager responsible for the management of the fund will increase the minimum proportion that the fund commits to holding sustainable investments, as further detailed in the SFDR RTS Annex. The fund will continue to be categorised as Article 8 under SFDR.
Further information can be found here.
What is changing?
1. Availability of pre-contractual information pursuant to SFDR
The annexes which contain the pre-contractual information pursuant to the SFDR regulatory technical standard in respect of Portfolios that fall within the scope of Article 8 or 9 of the SFDR (the “Annexes”) will no longer form part of the Hong Kong offering documents. The Annexes in respect of the Article 8 or 9 Portfolios which are authorised by the SFC will be available to Hong Kong investors (in English language only) free of charge on the website www.columbiathreadneedle.com and will not be appended to the Prospectus distributed in Hong Kong.
2. Other enhancements and miscellaneous updates
The Hong Kong offering documents have also been updated to reflect other enhancement of disclosures and miscellaneous updates.
Further information can be found below.
We would like to notify you that Threadneedle Investment Services Limited, the authorised corporate director of Columbia Threadneedle Investment Funds (UK) ICVC (“CTIF”), and Threadneedle Management Luxembourg S.A., the management company of Columbia Threadneedle (Lux) I (“CT(Lux)”), have decided to cease marketing the following UK Funds (including CTIF) and Lux Funds (collectively known as “the Funds”), respectively, to the public in Hong Kong in future and to apply to the Securities and Futures Commission for the withdrawal of the authorisation of the Funds.
UK Funds
- CT European Fund
- CT UK Smaller Companies Fund
Lux Funds
- CT(Lux) American
- CT(Lux) Pan European Small Cap Opportunities
- CT(Lux) Emerging Market Corporate Bonds
We will no longer market the Funds to the public in Hong Kong with immediate effect, and the withdrawal of authorisation of the Funds will take effect as of 20 March 2024.
Further information can be found below.
Effective 20 November, changes will be made to the investment policies and SFDR RTS Annexes (pre-contractual disclosures) of the following Threadneedle (Lux) sub-funds:
- Threadneedle (Lux) American
- Threadneedle (Lux) Pan European Small Cap Opportunities
- Threadneedle (Lux) Global Emerging Markets Equities
- Threadneedle (Lux) Global Focus
For Funds 1-3 (as numbered above), the investment policies will be amended and new SFDR RTS Annexes included to introduce the promotion of environmental and social characteristics. The changes will result in the Funds being categorised as Article 8 under SFDR. For Funds 1 & 2, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.
For Fund 4 (as numbered above), the investment policies and SFDR RTS Annexes will be amended to introduce additional measures that support the promotion of environmental and social characteristics. The Funds will continue to be categorised as Article 8 under SFDR. Additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which includes these Funds.
Further information can be found in the below. Please refer to the numbered fund list above for the corresponding letter.
Shareholder Letter (Funds 1 & 2)
Shareholder Letter (Funds 3)
Shareholder Letter (Funds 4)
Update
The proposals to change two of our SICAV company umbrella names, as well as their underlying fund names, were passed at Extraordinary General Meetings held on 27th September. These name changes will take effect on 20th November 2023.
In 2021 Columbia Threadneedle Investments acquired BMO’s asset management business in EMEA (Europe, Middle East and Africa), resulting in the renaming of various funds and entities within the combined business to reflect a unified Columbia Threadneedle Investments brand in July 2022. A reminder of the changes to the names of our UK-domiciled funds can be seen here.
Renaming the Companies
Consistent with these changes, the Boards of Columbia Threadneedle (Lux) and Threadneedle (Lux) propose to amend and restate the Companies’ articles of incorporation (the “Articles”) to change the names of the two Companies as follows:
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Existing Umbrella Name
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New Umbrella Name
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|---|---|
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Columbia Threadneedle (Lux)
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Columbia Threadneedle (Lux) II
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Threadneedle (Lux)
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Columbia Threadneedle (Lux) I
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Renaming the sub funds
In addition to renaming the Companies, the Boards propose to change the name of the underlying funds in these umbrellas by replacing the pre-fix “Columbia Threadneedle (Lux)” with “CT(Lux)” and by replacing the pre-fix “Threadneedle (Lux)” with “CT (Lux)”, with effect from 20 November 2023, as described in Appendix 1 of the letters below. This will better align the fund names with the Columbia Threadneedle Investments brand. The renaming of the funds will not affect the way in which they are managed or their investment objectives and policies.
A draft of the restated Articles showing the relevant changes is available to shareholders free of charge at the Company’s registered office.
Please follow this link to see all the proposed changes.
Effective 18 October, the benchmark on the Threadneedle (Lux) Global Technology sub-fund will change from the MSCI World Information Technology Index to the MSCI World Information Technology 10/40 Index.
Further information can be found below.
The board of directors of the SICAV (the “Board”) has recommended that, subject to all relevant regulatory approvals being received, Threadneedle (Lux) Asia Contrarian Equity (the “Portfolio”) will be put into liquidation in accordance with Article 31 of the SICAV’s Articles of Association and the section “Merger or Liquidation” of the Prospectus. Following regulatory approval, this means that the Portfolio’s holdings will be liquidated (i.e. sold).
Further information can be found below:
We would like to inform you about certain changes to the SICAV and the Portfolios:
- Enhancement of disclosures relating to investment policy of the Portfolios
- Other enhancement and miscellaneous updates
We have recently reviewed the information available to investors about our UK-based OEIC (open-ended investment company) funds and, as a result, we’re updating a number of our fund investment objectives and policies. This will provide investors with additional information regarding our investment approach. These updates will take effect from 7 August 2019.
Important information: Change in reference index for the Portfolio
In July 2022, we are changing the names of our UK fund umbrella companies and their sub-funds to align them more closely with our global brand name, Columbia Threadneedle Investments.
Following the UK’s departure from the European Union (EU), our UK domiciled funds are no longer marketed in EU countries. As a result, Columbia Threadneedle Investments will no longer provide translations into EU languages of fund documents and marketing materials for sub-funds of Threadneedle Investment Funds ICVC and Threadneedle Specialist Investment funds ICVC (the “Funds”) and they will be withdrawn from our EU websites. These documents include Key Investor Information Documents (KIIDs), factsheets and prospectuses. The changes are effective from 4 July 2022.
We would like to inform you about certain changes made to the following sub-funds of the Threadneedle Investment Funds ICVC (“TIF”):
- European Fund
- UK Smaller Companies Fund
We would like to inform you about certain changes to the SICAV and the Portfolios.
We have recently reviewed the information available to investors about our UK-based OEIC (open-ended investment company) funds and, as a result, we’re updating a number of our fund investment objectives and policies. This will provide investors with additional information regarding our investment approach. These updates will take effect from 7 August 2019.
