Closure of the Guaranteed Profits Funds 2017
08 September 2017
The Guaranteed Profits Funds 2017 ("GPF 2017") reach their Maturity Date on 31 December 2017 and will subsequently close. This means that the value of the GPF 2017 units held on that date will then be available for reinvestment.
The proceeds will automatically be switched, depending on the currency of the Guaranteed Profits Fund in which policyholders are invested, into one of the Currency funds listed below.
| Closing Fund | Default Replacement Fund | |
|---|---|---|
| D17 Guaranteed Profits Fund 2017 Sterling | M65 Investec GS Sterling Money | |
| F17 Guaranteed Profits Fund 2017 US Dollars | M66 Investec GS US Dollar Money |
Details of the above Default Replacement Funds together with our full fund range can be viewed on our Fund Centre.
Further information can be found in the client letter, which has been sent out to policyholders invested in these funds.
Should you have any questions regarding these maturities, please contact International Funds & Investments.