We have written to unitholders of one or more funds within the Navigator fund range (the Trusts) to inform them that effective from 1 June 2016, the prospectus of the Navigator Fund Range has been updated to allow the fund manager to formally take advantage of an increase in investment powers that came into effect in 2003.
This change allows each Trust to invest up to 10% of its value in other funds that use derivatives for investment purposes from 1 June 2016.
The following funds are affected by the changes:
- Navigator Adventurous Managed Trust
- Navigator Balanced Managed Trust
- Navigator Cautious Managed Trust
- Navigator Growth Managed Trust
What change did you make to the Trusts?
Why did we make the change?
How is my investment affected by the change?
When did the change take place?