The Brexit process and negotiations are a fluid process where the end point is still far from clear. This statement represents our current thinking (as at 31 May 2019) in terms of the impact on our customers. 

In order to ensure that we are best prepared for all potential outcomes, we have assumed a scenario arising where the UK leaves the EU without a deal and without a transitional period (the so-called ‘Hard Brexit’).  Whilst the impact upon financial markets and therefore the value of our customers’ investments remain unknown, there are a number of further considerations that may impact upon the relationship we have with our customers. 

For customers who are currently, and will continue to be, permanently resident in the UK, there will be no impact. We, at Royal London, have taken the relevant steps to ensure that, even where the holding is in an Irish- domiciled fund, you can continue to hold and invest further. A list of these funds is shown below:

Royal London Sterling Extra Yield Bond Fund

Royal London Global High Yield Bond Fund

Royal London Short Duration Global High Yield Bond Fund

Royal London Absolute Return Government Bond Fund

Royal London Global Bond Opportunities Fund

Royal London Sterling Liquidity Money Market Fund

Royal London Multi Asset Credit Fund [for any further information on this fund, please contact us directly]

Where the customer holding is in a UK domiciled fund (ie not shown above) there may be some changes to the regulatory framework.  We will be in touch if, and when, this happens to provide some further information.

A small number of our customers are currently, or may in the future, be resident within the European Union / European Economic Area. Following the outcome of the Brexit negotiations there should be no impact upon their ability to be able to continue to hold their existing investment, but the outcome may affect the ability of those customers to invest further.  You should contact your financial adviser.

We continue to monitor political developments and are engaging with our regulators, so we can minimise any regulatory or operational difficulties that might arise and are seeking to provide the service our customers expect whatever the Brexit outcome.  

We will update our website with further information and/or actions you may need to take that are relevant to your investment as soon as we are able.

For more information on this topic from the Royal London Group please click here

For more information on the funds or the risks of investing, please refer to the fund factsheet, Prospectus or Key Investor Information Document (KIID), available via the relevant Fund Price page of this website.