On April 1st 2011, there were some administrative changes to the S&W Matterley Undervalued Returns Fund. The Authorised Corporate Director moved from S&W Williamson to IFDS and in this process the Fund name changed from S&W Matterley Undervalued Returns to IM Matterley Undervalued Assets. Factsheets prior to March 2011 will contain the old Fund name.