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Columbia Threadneedle is making changes to its funds. They’re changing their investment policy which removes the 10% limitation on the level of investment in conventional weapons.
From 1 November 2025, Standard Life is updating the fund descriptions of the SL CT American Select B Life Fund (fund code – 86), SL CT European Select Growth Life Fund (fund code – 5S) and the SL CT American Select Life Fund (fund code – CCLM) in line with these changes.
Details of these changes are shown in the tables below.
We’ll be updating our fund factsheets to reflect the new descriptions.
Fund name | |
SL CT American Select B Life Fund (fund code – 86) | |
Current fund description | New fund description |
The SL CT American Select B Life Fund invests primarily in the CT American Select Fund. The aim of the CT American Select Fund is summarised below. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than you pay in. |
The SL CT American Select B Life Fund invests primarily in the CT American Select Fund. The aim of the CT American Select Fund is summarised below. The Fund aims to achieve investment growth over the long term (5 years, or more). It also looks to outperform the S&P 500 Index (the "Index") over rolling 3-year periods, after the deduction of charges. The Fund is actively managed and invests at least 75% in a concentrated portfolio of shares of companies domiciled in the United States of America (US), or which have significant US business operations. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than was paid in. |
Fund name | |
SL CT European Select Growth Life Fund (fund code – 5S) | |
Current fund description | New fund description |
The SL CT European Select Growth Life Fund invests primarily in the CT European Select Fund. The aim of the CT European Select Fund is summarised below. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than you pay in. |
The SL CT European Select Growth Life Fund invests primarily in the CT European Select Fund. The aim of the CT European Select Fund is summarised below. The Fund aims to achieve investment growth over the long term (5 years, or more). It also looks to outperform the FTSE World Europe ex UK Index ("the Index") over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least 75% in a concentrated portfolio of shares of companies domiciled in Continental Europe, or which have significant Continental European business operations. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than was paid in. |
Fund name | |
SL CT American Select Life Fund (fund code – CCLM) | |
Current fund description | New fund description |
The SL CT American Select Life Fund invests primarily in the CT American Select Fund. The aim of the CT American Select Fund is summarised below. The Fund aims to achieve investment growth over the long term (5 years, or more). It also looks to outperform the S&P 500 Index (the “Index”) over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least 75% in a concentrated portfolio of shares of companies domiciled in the United States of America (US), or which have significant US business operations. There is no restriction on size, but investment tends to focus on larger companies. The Index represents around 500 of the largest companies listed on the New York Stock Exchange or NASDAQ and provides a suitable target benchmark against which Fund performance will be evaluated over time. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. |
The SL CT American Select Life Fund invests primarily in the CT American Select Fund. The aim of the CT American Select Fund is summarised below. The Fund aims to achieve investment growth over the long term (5 years, or more). It also looks to outperform the S&P 500 Index (the “Index”) over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least 75% in a concentrated portfolio of shares of companies domiciled in the United States of America (US), or which have significant US business operations. There is no restriction on size, but investment tends to focus on larger companies. The Index represents around 500 of the largest companies listed on the New York Stock Exchange or NASDAQ and provides a suitable target benchmark against which Fund performance will be evaluated over time. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in. |