Change to the Aegon Merian Monthly Income Bond (AOR) fund

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On 18 June 2020, the Fund Charge* for the Aegon Merian Monthly Income Bond (AOR) fund reduced from 0.80% to 0.65%. Investors will notice the reduction on our fund factsheets, their plan statement or via their online account.

*This is on top of any product or adviser charge you pay and includes a fixed management fee plus expenses that vary with the day to day costs of running the fund.

Why the Fund Charge reduced

The underlying fund manager, Merian Investment Management Limited (Merian), changed the way they charge for the management of their funds. As a result, the charge they apply to the underlying fund was reduced.  

In line with this change, we have reduced the Fund Charge for the Aegon Merian Monthly Income Bond (AOR) fund.

Nothing else about the funds have changed as a result of this. The aims and objectives, fund manager and risk rating will 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 ‘One Retirement”.

What this means for investors

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 moneyadviceservice.org.uk.