Distributor Portal

Go Secure

Have you seen the benefits of our new Go Secure site?

DOLR will be phased out over the coming months so why not get on board early!
Click here for more details.

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

This message is relevant to any shareholders with holdings in the share classes detailed below (see ‘Current Share Class Name’ and ‘ISIN’ columns).

With effect Monday 31st October 2018, the relevant share classes will be known as JPM Global Macro Fund share classes. All associated share class codes, on-going charges figures etc will remain the same; it is only the fund name which is changing.

We contacted affected shareholders regarding these changes on 31st August 2018; this note is purely a reminder of this forthcoming action.

Current Share Class Name

ISIN

New Share Class Name

JPM Global Macro Balanced Fund A Accumulation

GB00B09RGK38

JPM Global Macro Fund A Accumulation

JPM Global Macro Balanced Fund A Income

GB00B09RGL45

JPM Global Macro Fund A Income

JPM Global Macro Balanced Fund B Accumulation

GB00B1YWMZ79

JPM Global Macro Fund B Accumulation

JPM Global Macro Balanced Fund C Accumulation

GB00B235HC61

JPM Global Macro Fund C Accumulation

JPM Global Macro Balanced Fund C Income

GB00B235HG00

JPM Global Macro Fund C Income

 

Hits: 350


Due to the merger activities of non-sterling share classes between M&G Securities Ltd and M&G International Investments SA, M&G have announced the dealing suspension of related Sterling share classes of OEIC funds at 12:00pm noon on 25/10/2018 until 30/10/2018. The M&G Funds shown below will be will be suspended from dealing; individual share classes and market identifiers are shown on the following pages.



Operational Details:
Deals received for these share classes during the suspension period will be queued and placed at the first valuation point following the unsuspension.
Stock transfer requests will continue to be accepted but will not be processed during the suspension period.
Other features of these share classes will continue to function including distribution accruals, rebate accruals and pricing.
The share classes will be priced and published as usual on 26/10/2018.
Prices will not be calculated on 29/10/2018 but published prices will be issued on this date which will be the same as the prices made on 26/10/2018.
Usual pricing will resume on 30/10/2018.
All other sterling share classes of M&G other OEIC funds are not affected by these dealing suspensions and will operate as business as usual.

Hits: 389
Posted by on in News


Further to previous communication from M&G on 5th September concerning the proposed merger of a number of non-sterling share classes of M&G OEIC funds to SICAV structures, this updated notification to is advise you that at the relevant EGMs held on 4th October the proposed mergers were approved and will be effective from the dates shown below;



Please take note of the following points concerning the mergers and sterling share classes of funds impacted by the mergers,

Operational Details:
• The non-sterling share classes of M&G OEIC funds which are being merged will be suspended from dealing from 11.30 CET on each Thursday prior to the merger date. After the mergers, trading in the new M&G SICAV shares will commence at 08:00 CET on each Tuesday.
• Sterling share classes of the M&G OEIC funds which are being merged will be suspended from dealing from 12.00pm UK Time on each Thursday prior to the merger date. After the mergers, trading in the same shares will commence at 09:00 UK time on each Tuesday. The attached file ‘GBP suspension share classes’ give details of the Sterling share classes which will be suspended from dealing.
• We recommend that shareholders of non-sterling share classes reconcile share positions regularly up to the effective date of each merger.
• For the non-sterling M&G OEIC share classes which will be merging a special distribution XD date will be in place at the final valuation date. Income arising from this distribution will be paid within 2 months of the merger dates. Sterling share classes are not affected by this final extraordinary distribution.
• Some sterling share classes of certain M&G OEIC funds which will be unsustainable following the merger of non-sterling share classes to SICAV products will be closed. The list of these share classes is shown below and on the attached file.




Share Class Conversion Factor Details for non-sterling share classes:
• M&G will publish share class conversion factors over the weekend following each merger. Contract notes confirming share positions will be faxed to shareholders on the first calendar day after each merger. If Shareholders wish to calculate the numbers of shares issued the published share class conversion merger factors must be used.
• The share class conversion factors will be calculated based on the adjusted mid net asset value per share from the last valuation point of the respective M&G OEIC and M&G SICAV funds on the date of the merger. The number of shares issued by the M&G SICAV funds will be calculated by multiplying the number of M&G OEIC shares held by this share class conversion factor.
• It is not possible to calculate the share class conversion factors by using the externally published prices issued at the last valuation point before the mergers. For the OEIC funds, the published prices at the last valuation will be based on either the Bid or Offer price rather than at mid-net asset value. Additionally, the prices will include income which would be distributed to holders of income shares prior to calculation of the share class conversion factors.

All relevant documentation can be found at M&G’s website www.mandg.com/BrexitMergerDocumentation and the investor circulars giving details of the mergers are attached If you have any query please contact M&G Securities Ltd by email at info@mandg.co.uk or by telephone on 0800 390 390.
Hits: 565
Posted by on in News



This is a reminder that from 5 October 2018, Architas will be aligning the dealing cut off times and valuation points across our UK fund range. The dealing cut off times will change to 12:00 midday and the valuation points will change to 8:00 am the following business day. Please refer to the attached spread sheet which shows, by fund, the specific valuation point trades will receive as the new dealing cut off times are effected.

Fund List 

Hits: 454

Latest News

Instruction Templates

Further info