SJP rebrands global equity income fund and reduces charges

The plan is to move to a more diversified investment approach, reduce ongoing charges and strengthen the fund's long-term investment outcomes. Acadian will adopt an active, systematic investment approach, merging advanced data-driven modelling with human expertise to spot global income opportunities. The strategy was previously managed by Ninety One. As a result, the fund will balloon from 30 holdings to approximately 500 companies to reduce concentration risk and provide consistency in income sources across market environments. Charges will be dropped by 0.3 percentage points acro...