From the 31st May 2023, we are changing the names of the T. Bailey Dynamic Fund and the T. Bailey Growth Fund in order to make them more descriptive to investors and so they fit more logically in our product range.
For the T. Bailey Growth Fund, we are also adding the ‘ARC Sterling Equity Risk PCI’ as a comparator benchmark in addition to the current target benchmark of the fund which will continue to be the IA Global Sector.
We would like to emphasise that the objective of the funds, their risk profile and how they are managed will not change at all.
Summary of changes
| Existing Fund Name | New Fund Name | Other changes |
| T. Bailey Growth Fund | T. Bailey Global Thematic Equity Fund | Addition of ARC Sterling Equity Risk PCI as a comparator benchmark. The IA Global Sector remains as the target benchmark. |
| T. Bailey Dynamic Fund | T. Bailey Multi-Asset Dynamic Fund | None. |
When will these changes occur?
These changes will happen automatically on 31 May 2023. Neither advisors or clients need to do anything.