With effect 1st July 2019, the Ethical UK Equity Fund & the UK Overseas Earnings Fund will have a change of name. All associated share class codes, on-going charges figures etc will remain the same; it is only the fund name which is changing as shown below:
Man GLG change of administration Featured
Man GLG has appointed Bank of New York Mellon as its UK Transfer Agent and will replace DST as administrator effective from 29 April 2019.
In preparation for this change, we will not be releasing Cheque payments for any trades due to settle on or after 15th April 2019. For any payments that are due to be released by Cheque, we will be in contact to arrange for the payment to be released electronically.
STP Trading – EMX & CTN
Electronic trading via EMX and CTN will be temporarily suspended in line with the below valuation points;
12pm VP – Suspended from 12pm 25 April 2019 due to Japan Golden Week:
Man GLG Japan CoreAlpha Fund Retail Acc Shares (Class A) GB00B0119933
Man GLG Japan CoreAlpha Fund Retail Income Shares (Class B) GB00B3F46Y30
Man GLG Japan CoreAlpha Fund Prof Acc Shares (Class C) GB00B0119B50
Man GLG Japan CoreAlpha Fund Prof Income Shares (Class D) GB00B3F47512
Man GLG Japan CoreAlpha Fund Inst Acc Shares (Class E) GB00B0119C67
5pm cut off - Suspended from 5pm 25 April 2019:
Man Dynamic Allocation Professional Accumulation Class C GB00BDTYMJ68
Man Dynamic Allocation Prof Acc Sterling Hedged Class CH GB00BDTYNF95
Man Dynamic Allocation Professional Income Class D GB00BDTYNG03
Man Dynamic Allocation Prof Income Sterling Hedged Class DH GB00BDTYNH10
Man Dynamic Allocation Institutional Accumulation Class E GB00BDTYNJ34
All other funds administered by DST with 12pm VP – Suspended from 12pm 26 April 2019.
We will be closing Electronic Re-Registration for Man GLG between 22 April 2019 and 26 April 2019 (inclusive). Any electronic trades submitted after the above suspension times will be automatically rejected.
STP Settlement – CTN Net Settlement
We will be closing CTN Net Settlement for Man GLG between 22 April 2019 and 26 April 2019 (inclusive). The last traded Valuation Point to settle via CTN Net Settlement will be 19 April 2019. Please see the below links for bank details for manual settlement of trades placed between these dates:
Please ensure you have made all relevant internal parties aware of these changes and updates are made in line with the dates above.
DST are unable to comment on the operation under the new administrators however, 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.
ASI – Japan Golden Week Featured
Due to the Imperial succession in Japan, the annual ‘Golden Week’ holiday period has been extended to 10 days. As a result the non-dealing days on impacted funds will extend from Friday 26 April until Monday 6 May 2019 inclusive. This means investors will be unable to buy, sell or switch shares or units in affected funds until dealing recommences on Tuesday 7 May 2019.
This applies to:
Aberdeen Japan Equity Enhanced Index Fund
Aberdeen Japan Equity Fund
Aberdeen Japan Equity Tracker Fund
SLI Japan Trust
SLI Japanese Equity Growth Fund
SLMT Standard Life Japan
For a full list of affected Share Classes including codes, please see the attached Excel document. Here