We will be closing a number of relatively small funds across all our ranges. The process will take around two years to complete, until the end of 2019.
We will be reducing the number of funds on our platforms. However, we will also be launching new funds where appropriate to ensure we are still providing sufficient choice as well as enhancing the range available.
A list of funds we have announced will close
Questions and answers
Example customer letter
Please note the funds review is an ongoing process. As funds are confirmed for closure we update the list of funds we have announced will close. Please also note that, outside of our review, we routinely close funds for a variety of reasons as part of our normal management process. This list therefore contains details of all the fund closures undertaken by us, not just the ones that form part of the review. The notice letters we send explain the reason for the fund closing.
Some closing funds may be mapped to different replacement funds than those listed for certain schemes. For example, some Trust schemes or schemes where charge capping applies. These are highlighted with an asterisk (*) after the replacement fund name. Please check with your Aviva contact to confirm the fund mapped for your scheme.