Closure of Global Mid Cap Equity Fund
Fund News
Aberdeen Investments has decided to close the abrdn SICAV I – Global Mid-Cap Equity Fund (the “Aberdeen Fund”), which serves as the sole underlying investment for the Aviva Global Mid Cap Equity Fund (our “Fund”).
Unfortunately this means that our Fund will now also need to close.
There will be a brief transition period between the closure of the Aberdeen Fund and the closure of our Fund. During this time, we will keep our Fund open and temporarily invested in cash. Regular contributions will continue to be processed as usual throughout this period.
Your clients may instruct Aviva to switch their units in the Aviva Global Mid Cap Equity Fund into any of our other available funds. To support this transition, we will reduce the Annual Fund Charge to 0% while the Fund is invested in cash.
Please get in touch with your Account Manager if you require any further information.
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