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Aberdeen Multi-Asset (including Property) fund is closing

02 August 2016

Aberdeen has decided to merge the Aberdeen Multi-Asset (incl Property) fund into the Aberdeen Multi-Asset (excl Property) fund on 2 September 2016.


This affects the following fund which is only available on our Zurich pension products. The fund is not available on Sterling Bond, SIML or Retail Platform:

Zurich Aberdeen Multi-Asset (incl Property) ZP

How does this affect customers investing in these funds?

We don’t have the Aberdeen Multi-Asset (excl Property) fund in our fund range so your clients’ investments will be switched to the Zurich Defensive ZP fund in accordance with their plan’s terms and conditions. Any direct debits or regular withdrawals will be switched to the default fund unless you or your client chooses a new fund in the meantime.

How will we communicate this closure?

We’ll write to you with a list of your clients invested in the fund. We’ll also write to your clients. If any of your clients contact us about the fund closure, we’ll strongly advise them to contact you for more information.

Download example of the customer letter here