Significant fund changes

Columbia Threadneedle (Lux) I

We refer to our letter dated 24 July 2024 in relation to Threadneedle Management Luxembourg S.A.'s (the "Management Company") applications to the Monetary Authority of Singapore (the "MAS") to withdraw the recognition of the 21 Sub-Funds and MAS' reply on 10 July 2024 that they have no objections to the withdrawal of the recognition of 8 of the Sub-Funds (set out in Annex A). The remaining 13 Sub-Funds (set out in Annex B) are to remain recognised but MAS imposed the condition that there shall not be any further offers of units in these Sub-Funds, whether to new or existing investors. Further information can be found in the below.

Shareholder notice

Columbia Threadneedle Investment Funds (UK) ICVC - CT European Select Fund

We refer to our letter dated 24 July 2024 in relation to Threadneedle Investment Services Limited's (the "Authorised Corporate Director" or "ACD") application to the Monetary Authority of Singapore (the "MAS") to withdraw the recognition of the Sub-Fund and MAS' reply on 10 July 2024 that they have no objections to the withdrawal of the recognition of the Sub-Fund. Further information can be found in the below.

Shareholder notice

Columbia Threadneedle (Lux) I

We refer to our letter dated 30 November 2023 in relation to Threadneedle Management Luxembourg S.A.'s (the "Management Company") applications to the Monetary Authority of Singapore (the "MAS") to withdraw the recognition of the 21 Sub-Funds with effect from 15 April 2024, subject to the regulatory approval from the MAS. By way of their letter dated 10 July 2024, the MAS informed us that they have no objections to the withdrawal of the recognition of 8 of the Sub-Funds (set out in Annex A). However, the remaining 13 SubFunds (set out in Annex B) are to remain recognised. Further information can be found in the below.

Shareholder notice

Columbia Threadneedle Specialist Funds (UK) ICVC - CT Global Extended Alpha Fund 

We refer to our letter dated 30 November 2023 in relation to Threadneedle Investment Services Limited's (the "Authorised Corporate Director" or "ACD") application to the Monetary Authority of Singapore (the "MAS") to withdraw the recognition of the Sub-Fund with effect from 15 April 2024, subject to the regulatory approval from the MAS. By way of their letter dated 10 July 2024, the MAS informed us that the Sub-Fund shall continue to remain recognised. Further information can be found in the below.

Shareholder notice

Columbia Threadneedle Investment Funds (UK) ICVC - CT European Select Fund

We refer to our letter dated 30 November 2023 in relation to Threadneedle Investment Services Limited's (the "Authorised Corporate Director" or "ACD") application to the Monetary Authority of Singapore (the "MAS") to withdraw the recognition of the Sub-Fund with effect from 15 April 2024, subject to the regulatory approval from the MAS. By way of their letter dated 10 July 2024, the MAS informed us that they have no objections to the withdrawal of the recognition of the Sub-Fund. Further information can be found in the below.

Shareholder notice

The Board of Columbia Threadneedle (Lux) I has decided to introduce the possibility to (fully or partially) delegate investment management functions to certain entities of the Group without prior amendment of the Prospectus or notification to shareholders. Further information can be found here.

Effective 2 September 2024, changes will be made to the investment management arrangements applicable to the following Columbia Threadneedle (Lux) I SICAV funds:

1. CT (Lux) American Extended Alpha
2. CT (Lux) American Select
3. CT (Lux) American Smaller Companies

Further information can be found here.

Effective 2 September 2024, changes will be made to the Prospectus definition of “European smaller companies” which applies to the following Columbia Threadneedle (Lux) I SICAV funds:

1. CT (Lux) European Smaller Companies
2. CT (Lux) Pan European Smaller Companies
3. CT (Lux) Pan European Small Cap Opportunities

Further information can be found here.

Effective 2 September 2024, changes will be made to the investment policies and SFDR RTS Annexes (pre-contractual disclosures) of the following Columbia Threadneedle (Lux) I SICAV funds:

1. CT (Lux) American
2. CT (Lux) American Select
3. CT (Lux) American Smaller Companies
4. CT (Lux) Asia Equities
5. CT (Lux) European Corporate Bond
6. CT (Lux) European High Yield Bond
7. CT (Lux) European Select
8. CT (Lux) Global Corporate Bond
9. CT (Lux) Global Equity Income
10. CT (Lux) Global Focus
11. CT (Lux) Global Select
12. CT (Lux) Japan Equities
13. CT (Lux) Pan European ESG Equities
14. CT (Lux) UK Equities
15. CT (Lux) US Contrarian Core Equities
16. CT (Lux) European Smaller Companies
17. CT (Lux) Pan European Smaller Companies
18. CT (Lux) Pan European Small Cap Opportunities
19. CT (Lux) Global Smaller Companies

These funds already promote 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 funds invest follow good governance practices.

From the Effective Date, the investment manager responsible for the management of the funds will increase the minimum proportion that each fund commits to holding sustainable investments, as further detailed in the SFDR RTS Annexes. For some of the funds, this will be the first time such a commitment is being made. The funds will continue to be categorised as Article 8 under SFDR.

For CT (Lux) Global Smaller Companies, additional changes are also being made to highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI), which will now include this fund.

Further information can be found in the below. Please refer to the numbered fund list above for the corresponding letter.

Shareholder Letter (Funds 1-15)

Shareholder Letter (Funds 16-18)

Shareholder Letter (Fund 19)

The following funds* (all sub-funds of Columbia Threadneedle (Lux) III) will be closed on 12/06/2024:

- CT (Lux) European Smaller Cap - Shareholder Notice
- CT (Lux) Global Smaller Cap Equity - Shareholder Notice
- CT (Lux) US Smaller Companies - Shareholder Notice

*these three Funds are not to be confused with CT (Lux) Global Smaller Companies, CT (Lux) European Smaller Companies and CT (Lux) American Smaller Companies Funds, which are unimpacted by this announcement.

After extensive consideration of the current markets and the strategic positioning of the Fund, Threadneedle Management Luxembourg S.A. (the “Management Company") and Threadneedle Investment Services Limited (the “Authorised Corporate Director” or “ACD”) intends to apply to the MAS to withdraw the recognition of the Sub-Funds with effect from 15 April 2024 (the "Effective Date"), subject to regulatory approval from the MAS.

Please find the list of impacted Funds below and shareholder notices attached for your reference:

Columbia Threadneedle (Lux) I (formerly known as Threadneedle (Lux)) – refer to Annex A for list of Sub-Funds
Columbia Threadneedle Specialist Funds (UK) ICVC – CT Global Extended Alpha Fund
Columbia Threadneedle Investment Funds (UK) ICVC – CT European Select Fund

Effective 20 November, changes will be made to the investment policies and SFDR RTS Annexes (pre-contractual disclosures) of the following Threadneedle (Lux) and Columbia Threadneedle (Lux) sub-funds:

1. Threadneedle (Lux) Asia Equities
2. Threadneedle (Lux) European Select
3. Threadneedle (Lux) European Smaller Companies
4. Threadneedle (Lux) Global Equity Income
5. Threadneedle (Lux) Global Focus
6. Threadneedle (Lux) Global Select
7. Threadneedle (Lux) Pan European Smaller Companies
8. Threadneedle (Lux) European High Yield Bond
9. Threadneedle (Lux) American Smaller Companies
10. Threadneedle (Lux) Global Smaller Companies
11. Threadneedle (Lux) American
12. Threadneedle (Lux) American Select
13. Threadneedle (Lux) Pan European Small Cap Opportunities
14. Threadneedle (Lux) UK Equities
15. Threadneedle (Lux) European Corporate Bond
16. Threadneedle (Lux) Global Corporate Bond
17. Threadneedle (Lux) US Contrarian Core Equities
18. Threadneedle (Lux) Global Emerging Market Equities
19. Threadneedle (Lux) Pan European ESG Equities
20. Threadneedle (Lux) European Social Bond
21. Columbia Threadneedle (Lux) Sustainable Outcomes Global Equity

For Funds 1-10 (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. For Funds 1-8, 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 Funds 11-18 (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 11-16, 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 Threadneedle (Lux) Pan European ESG Equities, the investment policy and SFDR RTS Annex will be amended to provide additional clarity and information on the various responsible investment measures that are embedded into the existing investment decision-making process and to introduce additional measures that support the promotion of environmental and social characteristics. The Fund 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 this Fund.

For Threadneedle (Lux) European Social Bond and Columbia Threadneedle (Lux) Sustainable Outcomes Global Equity, the investment policies and SFDR RTS Annexes will be amended to allow the Funds to be re-categorised from Article 8 to Article 9 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 1-8)

Shareholder Letter (Funds 9-10)

Shareholder Letter (Funds 11-16)

Shareholder Letter (Funds 17-18)

Shareholder Letter (Fund 19)

Shareholder Letter (Fund 20)

Shareholder Letter (Fund 21)

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:

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.

CT(Lux) – EGM Notice

T(Lux) – EGM Notice

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.

Shareholder Notice

From 2 October 2023, changes will be made to the investment policies of the following funds:

1. CT American Smaller Companies Fund (US)
2. CT Asia Fund
3. CT Global Emerging Markets Equity Fund
4. CT American Fund
5. CT American Select Fund
6. CT European Select
7. CT European Smaller Companies Fund
8. CT Global Equity Income Fund
9. CT Global Focus Fund
10. CT Global Select Fund
11. CT UK Fund
12. CT UK Sustainable Equity Fund

In summary, the investment policies of these funds will be amended to integrate certain RI measures into the decision-making process and/or highlight Columbia Threadneedle’s commitment to the Net Zero Asset Managers Initiative (NZAMI).

Further information can be found below:

Investment Policy Changes: ESG-related (Funds 1-3) – Adviser Letter

Investment Policy Changes: ESG-related (Funds 1-3) – Shareholder Letter

Investment Policy Changes: ESG-related and NZAMI (Funds 4-11) – Adviser Letter

Investment Policy Changes: ESG-related and NZAMI (Funds 4-11) – Shareholder Letter

Investment Policy Changes: NZAMI (CT UK Sustainable Equity Fund) – Adviser Letter

Investment Policy Changes: NZAMI (CT UK Sustainable Equity Fund) – Shareholder Letter

ESG and Net Zero Investment Policy Changes

Q&A

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:

Shareholder notice

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.

Investor letter

Q&A

Important information: Change in reference index for the Portfolio

Investor letter

New subscriptions into Class D Shares of our OEIC funds are no longer accepted as the share class will close on 2 September 2022. Regular savings and top ups are permitted until the closure of the share class.

Shareholder notice

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.

View Q&A

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.

Read more

We would like to inform you about certain changes to the SICAV and the Portfolios.

Read more

As the UK has now left the European Union, UK funds managed by a UK manager will no longer qualify as UCITS funds under this framework. UK-based funds do however continue to follow all of the same rules as UCITS funds. We have put together a Q&A document to help you with this transition affecting OEIC funds from the 1 January 2021.

Q&A

Effective from 1 January 2020, we have discontinued charging performance fees on the following funds (“the Funds”):

• Threadneedle UK Absolute Alpha Fund
• Threadneedle American Extended Alpha Fund
• Threadneedle Global Extended Alpha Fund
• Threadneedle UK Extended Alpha Fund
• Threadneedle (Lux) American Extended Alpha
• Threadneedle (Lux) Global Extended Alpha

Q&A

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.

Adviser letter

Q&A