Proposal to merge UK Opportunities Fund (a sub-fund of SVM Funds ICVC) with RGI UK Opportunities Fund (a sub-fund of RGI Funds ICVC) and World Equity Fund (a sub-fund of SVM Funds ICVC) with RGI Compound Global Equity Fund (a sub-fund of RGI Funds ICVC)
The UK Opps and RGI UK Opps Funds and the World Equity and RGI Compound Global Equity Funds are each sub-funds of two different companies and as such have different service providers and different operating costs. We are proposing to merge them as we believe this will, on balance, be in the best interests of Shareholders.