SkipNav

Investment Funds Corporate Actions and Watchlist

The Corporate Actions and Watchlist tables provide the latest details of any changes or performance concerns to the underlying funds for our Core fund range.

Pension insured fund corporate action updates

The table below shows any changes to the underlying funds that we use for our Insured Pension range.  These changes are instigated by the underlying fund manager and may directly affect your client’s investments with LV=.

Your client will be notified of any changes, except for price reductions, in writing.

Fund
Manager		Fund
Name		Corporate Action
Notification		Summary of impact on fundDate
Effective
JupiterLV= Jupiter Merlin Conservative Select (s2)Change of fund name, investment objective & policyTo better reflect how the fund is managed. Old fund name: LV= Jupiter Merlin Conservative Portfolio (s2)05.04.2023
LV=Global Equity Index & Global Equity Index (s2)Fund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
ArtemisSmartGARP EuropeanFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
ArtemisUK Special SituationsFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
Quilter InvestorsCirilium Adventurous BlendFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
Quilter InvestorsCirilium Conservative BlendFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
Quilter InvestorsCreation BalancedFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
Quilter InvestorsCreation DynamicFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
Quilter InvestorsCreation ModerateFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
Quilter InvestorsCreation CautiousFund closing to New BusinessFund will be liquidated in October 2023; customer and advisers have been notified02.10.2023
AcumenPortfolio 3Fund closingFund will be liquidated in July 2023; customer and advisers have been notified31.07.2023

Pension insured fund performance monitoring Watchlist

All of our pension insured funds go through an onboarding and ongoing due diligence process which means you and your clients can be sure that LV= is challenging the fund managers to ensure they produce the best possible results. LV= carry out a quarterly review of all of its funds and may sometimes identify funds that we feel require further investigation to ensure we are still happy that they are providing the best level of service for our members.

You can see a list of funds we are investigating and a brief summary of our concerns below. If you would like further information on any of these funds or about our due diligence and monitoring processes please contact us via [email protected]

Please note, if at any point we feel there is a material risk to our members' investment, or we are planning to take any action on the funds listed, all financial advisers with clients invested in the affected funds will be contacted.

LV=
Fund Code		LV=
Fund Name		Fund SeriesReason for investigation of fundOutcome of investigation
1199LV= M&G Property Portfolio (s2)Series 2The fund has performed below the 75th percentile for its sector. Performance measure triggered across 3/5 periods. We are monitoring the fund closely.Fund is under review, likely to be closed. We will be in contact with all affected customers and their Financial Advisers shortly.
120/1140LV= Fidelity American/LV= Fidelity American (s2)Series 1 & Series 2The fund has performed below the 75th percentile for its sector across both series. We are monitoring the fund closely.Fund has been closed to new business. Full closure will follow in the next few months. We will be in contact with all affected customers and their Financial Advisers shortly.
1139LV= Fidelity Sustainable Emerging Markets Equity Index (s2)Series 2The fund has performed below the 75th percentile for its sector. Performance measure triggered over 3/5 periods. We are monitoring the fund closely.We have reviewed the fund following recent material changes and are happy with the actions the Fund Manager is taking to improve performance following the effects of the Ukraine conflict. We are removing the fund from our watch-list but will continue to monitor its performance as part of our BAU performance monitoring process.
1280LV= DMS Stirling House Balanced (s2)The fund has performed below the 75th percentile for is sector. Performance measure triggered over 2/5 periods. We are monitoring the fund closely.Fund is under review, an update will follow by end of Q3 2023.
1255LV= CT China OpportunitiesThe fund has performed below the 75th percentile for its over all periods. We are monitoring the fund closely.Fund is under review, an update will follow by end of Q3 2023.
1283LV= DMS Stirling House Growth (s2)The fund has performed below the 75th percentile for its sector. Performance measure triggered over 4/5 periods. We are monitoring the fund closely.Fund will continue to be monitored.
1252LV= CT UK Property AIF (s2)The fund has performed below the 75th percentile for its sector. Performance measure triggered over 3/5 periods. We are monitoring the fund closely.Fund will continue to be monitored.