From 21 June 2022, the Scottish Equitable Fidelity MoneyBuilder Income fund will be known as the Aegon Fidelity Sustainable MoneyBuilder Income fund.
Nothing else about the fund will change because of this. For example, the way the fund is managed, charges and Aegon risk rating will remain the same.
The change in more detail
The underlying fund manager, Fidelity International, is changing the underlying fund name to better reflect its focus on sustainable investing. To provide consistency for our customers, we’re also changing our fund name.
The fund’s short name, which appears on plan statements, will also change to reflect this. Details can be found in the table below:
| Existing fund name | Existing short name | New fund name | New short name |
|---|---|---|---|
| Scottish Equitable Fidelity MoneyBuilder Income fund | SE FIDELITY MONEYINC | Aegon Fidelity Sustainable MoneyBuilder Income fund | AGN FID SUS BLD INC |
| Scottish Equitable Fidelity MoneyBuilder Income (ARC) | ARC SE FID MONEYBLR | Aegon Fidelity Sustainable MoneyBuilder Income (ARC) | ARC AGN FID MONEYBLR |
Investors will start to notice the changes on their statements, in our literature and on our website from 21 June 2022. The changes 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 factsheets via the ‘Fund prices and performance' page and selecting ‘Other fund ranges’ or ‘Aegon Retirement Choices (ARC)’.
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 these changes mean 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.