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We’re making some changes to the following funds:
- SL M&G Optimal Income Pension Fund (fund code – CGLA)
- SL M&G Optimal Income Life Fund (fund code – KEJD)
M&G are making changes to how they manage their fund.
We’re updating our fund names and descriptions in line with these changes. This will take effect from 07 May 2026.
We’ll be updating our fund factsheets to reflect these changes. These will be available on standardlife.co.uk/funds once updated.
You can see details of the current and replacement fund names and descriptions in the tables below:
| Current fund name | New fund name |
|---|---|
| SL M&G Optimal Income Pension Fund (fund code – CGLA) | SL M&G Optimal Income (GBP Hedged) Pension Fund (fund code – CGLA) |
| Current fund description | New fund description |
|
The SL M&G Optimal Income Pension Fund invests primarily in the M&G Optimal Income Fund. The aim of the M&G Optimal Income Fund is summarised below. The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged. 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 M&G Optimal Income (GBP Hedged) Pension Fund invests primarily in the M&G Optimal Income Fund. The aim of the M&G Optimal Income Fund is summarised below. The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the Bloomberg Global Aggregate Index GBP-hedged, over any five-year period. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.
|
| Current fund name | New fund name |
|---|---|
| SL M&G Optimal Income Life Fund (fund code – KEJD) | SL M&G Optimal Income (GBP Hedged) Life Fund (fund code – KEJD) |
| Current fund description | New fund description |
|
The SL M&G Optimal Income Life Fund invests primarily in the M&G Optimal Income Fund. The aim of the M&G Optimal Income Fund is summarised below. The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged. 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 M&G Optimal Income (GBP Hedged) Life Fund invests primarily in the M&G Optimal Income Fund. The aim of the M&G Optimal Income Fund is summarised below. The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the Bloomberg Global Aggregate Index GBP-hedged, over any five-year period. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.
|