Ninety One are simplifying their fund range. They have decided to merge their underlying fund with another of their funds that has a similar investment objective. The changes are subject to being agreed at a special Ninety One Annual General Meeting on 11 September.  

Subject to changes being agreed, we’ll be updating the name and description of the SL Ninety One Emerging Markets Local Currency Debt Life Fund (fund code – BFDE) from 10 October 2025.  

If the vote isn’t passed, there won’t be any changes to our fund.  

Details of these changes are shown in the table below.  

We’ll be updating our fund factsheets to reflect the new name.

Current fund name New fund name
SL Ninety One Emerging Markets Local Currency Debt Life Fund
(fund code – BFDE) 		 SL Ninety One Emerging Markets Blended Debt Life Fund
(fund code – BFDE) 
Current fund description New fund description

The SL Ninety One Emerging Markets Local Currency Debt Life Fund invests primarily in the Ninety One Emerging Markets Local Currency Debt Fund. The aim of the Ninety One Emerging Markets Local Currency Debt Fund is summarised below. 

The fund aims to provide income and capital growth (to grow the value of your investment) over at least 5 years. The fund invests primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by emerging market borrowers or borrowers who have significant economic exposure to emerging markets (countries that have less developed economies) and in related derivatives (financial contracts whose value is linked to the price of such bonds (or similar debt-based assets)). 

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 Ninety One Emerging Markets Blended Debt Life Fund invests primarily in the Ninety One Emerging Markets Blended Debt Fund. The aim of the Ninety One Emerging Markets Blended Debt Fund is summarised below. 

The fund aims to provide income and capital growth (to grow the value of your investment) over at least five years. The fund invests primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by emerging market borrowers or borrowers that have significant economic exposure to emerging markets (that have less developed economies). 

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in.