Notification of change to the shareholding structure of Schroder Unit Trusts Limited, a company in the Schroders Group
Schroder Unit Trusts Limited (“SUTL”) wishes to inform investors of its funds of a change to its shareholding structure
Schroders plc, the ultimate parent company of SUTL, agreed terms with Nuveen, LLC (“Nuveen”), an asset manager and wholly owned subsidiary of Teachers Insurance and Annuity Association of America (“TIAA”), for Nuveen to acquire the entire issued share capital of Schroders plc (“the Transaction”).
Following completion of the Transaction on 1 October 2026, the shareholding structure of SUTL has changed, with entities within the Nuveen/TIAA group acquiring indirect shareholdings in SUTL, and TIAA becoming the ultimate controlling shareholder of SUTL.
No action is required from shareholders or unitholders as a result of this notification. The change in ownership does not alter the investment objectives, policies, risk profiles, fees, dealing arrangements or service providers of the funds and they will continue to be managed in accordance with their existing documentation. Any future change affecting a fund or investors’ rights will be communicated separately in accordance with applicable legal and regulatory requirements.
If you have any questions or would like more information, please contact your local Schroders office, your usual Schroders contact or your professional adviser.