Name change for the Aegon BlackRock American Growth (BLK) fund

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From 30 June 2022, the Aegon BlackRock American Growth (BLK) fund name is changing to the Aegon BlackRock American Flexible Equity (BLK) fund across all share classes available via the Aegon TargetPlan fund range.

Nothing else about the fund will change as a result of this; for example, the way the fund is managed, the fund’s TargetPlan risk profile and fund manager will remain the same.

The change in more detail

The underlying fund manager, BlackRock, is updating the underlying fund name to better reflect the investment process of the fund, which has the ability to invest in companies it thinks offer good value and also those it feels have the ability to grow in value. To ensure consistency, we’re changing our fund name. Details can be found in the table below:

Existing fund name New fund name
Aegon BlackRock American Growth (BLK) fund Aegon BlackRock American Flexible Equity (BLK) fund

Source: Aegon UK

Investors may start to notice the change on their statements, in our literature and on our website from 30 June 2022. The change will be implemented gradually, so investors may notice both the old and new information in use for a time.

For more information on this fund you can view the fund factsheet via the ‘Fund prices and performance page’ and selecting ‘TargetPlan funds’.

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 this change means for you. If you don’t have a financial adviser, you can visit moneyhelper.org.uk/choosing-a-financial-adviser to find the right one for you.