Secure Distributor Portal

News

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.

Georgia Gibbins

Georgia Gibbins has not set their biography yet
Posted by on in News

Please note that the Investec Target Return Bond Fund will be closing on Tuesday 18th February 2020. The final day for dealing is Monday 17th February 2020 and trade orders need to be received before the 12 noon valuation point on this day. Any investor remaining in the Fund on Tuesday 18th February 2020 will have their holding compulsorily redeemed on this day. 

Should you have any queries on this communication please contact the DST Distributor Client Services Team, our contact details can be found by clicking here.

Closing Fund Full Name, Share Class & Share Type

ISIN

Investec Target Return Bond Fund S Accumulation Shares

GB00B0FNM638

Investec Target Return Bond Fund A Accumulation Shares

GB00B12B5V34

Investec Target Return Bond Fund I Accumulation Shares

GB00B0FNM414

Investec Target Return Bond Fund I Income Shares

GB00B71DHL68

Investec Target Return Bond Fund R Accumulation Shares

GB00B8KYT559

Hits: 421


  • Important: Proposed Merger of Artemis US Equity Fund into Artemis US Select Fund

Current Fund

Receiving Fund

US Equity I Acc (GB00BMMV4S07)

US Select I Acc (GB00BMMV5105)

  • What is changing?
    1. If it is approved by shareholders, we propose to transfer the assets of the Current Fund into the Receiving Fund by a process called a Scheme of Arrangement (the “Merger”). New shares in the Receiving Fund will then be issued to you in exchange for your existing shares in the Current Fund.
    2. Following this, the Current Fund will be closed.
  • Why is Artemis making these changes?
    1. We have undertaken an assessment on the ongoing viability of the Current Fund. Having considered a number of options, we have concluded that a merger of the Current Fund with the Receiving Fund is in the best interests of investors.
  • When will the changes take place?
    1. In order for the Merger to proceed, at least 75% of votes cast at an Extraordinary General Meeting of shareholders (“EGM”) on 6 February 2020 at 10.00am (UK time) must be in favour of the transfer.
    2. Investors can vote for or against this proposal, either in person at the EGM or by sending us a completed copy of the Voting Form, to be received by us by 10.00am (UK time) on 4 February 2020.
    3. If the Merger is approved at the EGM, the Merger will take place on 14 February 2020 (the “Effective Date”).
    4. The results of the EGM will be published on our website www.artemisfunds.com by 5.00pm (UK time) on 7 February 2020.
  • How will you be impacted by these changes?
    1. If it is approved, the Merger will bind all investors in the Current Fund on 14 February 2020 whether or not they voted in favour of it, or voted at all. If the Merger is not approved, the Current Fund will continue in its existing form and Artemis will review its options in relation to the Current Fund.
    2. The Current Fund closely resembles the Receiving Fund and has a number of features that are similar, and so it is a felt to be a suitable alternative fund for investors in the Current Fund who wish to maintain their exposure to a long only US equity strategy.
  • What options are available to you?
    1. Our priority is to minimise any disruption to you and provide ongoing certainty and continuity. We believe that approving the proposed Merger would be in your best interests.
    2. If the Merger is approved and you wish to redeem your existing shares in the Current Fund (“Existing Shares”) or switch your holding before the Merger takes place, we must receive your instructions before 12.00 noon (UK time) on 14 February 2020. If you send a request after this time, we will treat this as applying to your new shares in the Receiving Fund issued under the Merger and it will be processed on the next dealing day in the Receiving Fund. If you wish to redeem or switch your Existing Shares prior to the Merger, please contact us using the details below.
  • Please note that a redemption or switch will be treated as a disposal of your Existing Shares for tax purposes and you may be liable to capital gains tax on any gains arising from the redemption or switch of your Existing Shares.
  • What are the tax implications of the proposed change?
    1. The tax implications of the proposed Merger are described in Part B of the Circular.
  • If you are in any doubt about your potential liability to tax, you should consult a professional adviser. Please note that Artemis will not be responsible for or pay any investor’s personal tax liability arising from the Merger.

 

Hits: 403

Posted by on in News

Further to the recent mailing to notify Quilter Investors Foundation shareclass unitholders of the proposed merger, please be aware that unitholdings in the donor shareclasses listed in the table below will be merged into the corresponding Host shareclass on 17/01/2020. Please be aware that this merger will involve GBP, USD and Euro shareclasses.

Instructions to deal into the Donor shareclasses can be accepted up to 12:00 on 13/01/2020. Instructions received after this time cannot be accepted, dealing in the host shareclasses will not be restricted. Re-registrations via STP will be restricted at close of business on 16/01/2020. it will be possible to instruct re-registrations by pots, fax or telephone up to 12:00 on 13/01/2020.

Should you have any queries on this communication please contact the SS&C Distributor Client Services Team, our contact details can be found by clicking here

 

 

Hits: 338
Posted by on in News

We are pleased to confirm that Calastone trading is now available on Janus Henderson Euro funds and Janus Henderson USD funds.  

Please contact us if you require any further information.   

Hits: 369

Latest News

Instruction Templates

Further info