From 5 July 2022, the Aegon High Income fund will be known as the Aegon Pension Diversified Monthly Income fund.
Nothing else about the fund will change because of this update. For example, the fund manager, charges and Aegon risk rating will remain the same.
The change in more detail
The underlying fund manager, Aegon Asset Management, has updated the fund’s name. To ensure consistency, we’re updating our version of the fund. The fund’s short names, which appear on plan statements, will also change to reflect this. Details can be found in the tables below:
| Pension fund | |||
|---|---|---|---|
| Existing fund name | Existing short name | New fund name | New short name |
| Aegon High Income fund | AEGON HIGH INCOME | Aegon Pension Diversified Monthly Income fund | AGN PEN DIV MON INC |
| ARC fund | |||
|---|---|---|---|
| Existing fund name | Existing short name | New fund name | New short name |
| Aegon High Income (ARC) fund | ARC AGN HIGH INCOME | Aegon Pension Diversified Monthly Income (ARC) fund | ARC AGN DIV MON INC |
Investors will start to notice the changes on their plan statements, in our literature and on our website from 5 July 2022. The changes will be implemented gradually across our material, so they may notice both the old and new fund names in use for a time.
For more information on these funds, you can view the fund factsheet via the ‘Fund prices and performance’ page on our website and selecting ‘Other fund ranges’ or ‘Aegon Retirement Choices (ARC)’.
What current investors need to do
Existing investors don’t need to do anything. Please speak to a financial adviser if you’re unsure about what these changes mean for you. If you don’t have a financial adviser you can find one in your area at moneyhelper.org.uk/choosing-a-financial-adviser