Changes to the underlying fund of P60/R108 LeggMason Martin Currie Global Resources

23 February 2016

We have been notified by Martin Currie Global Funds (the “Company”) of the merger between the underlying Legg Mason Martin Currie GF Global Resources Fund and Legg Mason Martin Currie Global Resources Fund. This merger will take effect from 11 March 2016 and will result in changes to both the underlying fund and the P60/R108 LeggMason Martin Currie Global Resources fund.

To facilitate the merger, dealing on both the underlying fund and P60/R108 LeggMason Martin Currie Global Resources will be temporarily suspended from 07 March to 11 March 2016.

Please note that instructions received for P60/R108 LeggMason Martin Currie Global Resources after the cut off time on Thursday 03 March 2016 will not transact until the next available dealing date of Monday 14 March 2016.

The Company has also advised that the Investment objective and policies of the fund will be amended to widen the use of derivatives for investment purposes.  Further information can be found in the client letters below, which have been sent out to policyholders invested in these funds:   

Client letter for Singapore investors: R108 LeggMason Martin Currie Global Resources

Client letter for Rest of World investors: P60 LeggMason Martin Currie Global Resources

Should you have any questions regarding this update, please contact International Funds & Investments.