Change to the Aegon Majedie UK Equity (BLK) fund

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On 8 October 2019, the annual management charge (AMC) for the Aegon Majedie UK Equity (BLK) fund reduced by 0.10% across the following share classes available via the Aegon TargetPlan fund range:

  • Class l4
  • Class l7
  • Class l8
  • Class l9
  • Class l10
  • Class l11

Why has the AMC reduced?

The underlying fund manager, Majedie Asset Management, has changed the way it charges for the management of its funds. As a result, the charges for the above share classes of the Aegon Majedie UK Equity (BLK) fund have reduced.

Nothing else about the fund has changed as a result of this. The aims and objectives, fund manager and risk Aegon TargetPlan risk rating remain the same.

For more information on the fund, you can view the relevant fund factsheet via the ‘Fund prices and performance’ page on our website and select ‘TargetPlan funds’.

What 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 means for you. You can find one in your area at https://www.moneyadviceservice.org.uk/en.