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Subcategories from this category: Aberdeen Standard Investments
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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.   

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On 15/11/2019, a notification letter  was issued to the current unitholders of the shareclasses listed below to inform them that the fund will be closed on 27/01/2020

The shareclasses listed below will be closed to new subscriptions and top ups from 12:00 on 13/01/2020, it will be possible to place repurchases, switches out and transfer out up to 12:00 on 24/01/2020. Any ISA unitholdings present in the closing shareclasses on value date 27/01/2020 will be switched to the ASI Sterling Money Market Fund Acc A Share OEIC, All unwrapped unitholdings will be repurchased and settlement payments will be made to the clients settlement details on file. Please refer to the letter that was sent to existing unitholders on 15/11/19 for further details.




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.



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Units in the Jupiter Unit Trust range may be bought and sold on any business day on which the London Stock Exchange is open. Some Unit Trust funds will be exposed to other stock exchanges that may be closed, restricted or suspended for trading and settlement on UK business days. Such closures, restrictions or suspensions will be treated as designated non-dealing days for funds which invest a substantial amount of their portfolio on stock exchanges outside of the UK.

On these designated non-dealing days, no subscriptions or redemptions will be accepted. Please note that any dealing instruction submitted on these days will be carried forward to the next business day for processing, and that these changes apply to all share classes of the applicable funds named below.

The designated non-dealing days for 2020 are listed below:

Jupiter Japan Income
2 January, 3 January, 4 May, 5 May, 6 May, 23 July, 24 July, 21 September and 22 September..

Jupiter Asian Fund
27 January, 28 January, 1 October and 2 October.

Jupiter Asian Income Fund
27 January, 28 January, 1 October and 2 October.

Jupiter China Fund
27 January, 28 January, 1 October and 2 October.
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CHANGES TO:

ASI MYFOLIO MULTI-MANAGER INCOME II FUND
ASI MYFOLIO MULTI-MANAGER INCOME III FUND
ASI MYFOLIO MULTI-MANAGER INCOME IV FUND
   
As part of our commitment to our investors, we regularly review our range of funds to ensure that they remain able to meet the needs of our investors and are appropriate in the current market place. As a result of this review we will be making the following changes to the funds, effective 1st January 2020:  
   
· Change of name  
· Change of investment objective to reflect change of name  
· Change in income distribution frequency from quarterly to monthly and the ability to smooth income distribution across an accounting period  
· Reduction in Annual Management Charges (AMCs) on the Retail, Institutional and Platform 1 share classes.  
   
Please refer to the below mailings which were issued to all clients 1st November 2019 for further detail and contact us if you require any further information.

Aberdeen MyFolio II Client Letter
Aberdeen MyFolio III Client Letter
Aberdeen MyFolio IV Client Letter
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We are pleased to announce that our conversion of users from DOLR to our new DCS Secure Portal will be completed over this coming weekend (30 November/1 December).

May we remind users that they will no longer be able to login to DOLR, the new DCS Secure Portal can be accessed through the following link: https://secure.dstdistributorportal.com/login

Should you have any issues logging into the portal please contact DCSRM@uk.dstsystems.com

If you have not yet registered to access the new portal, please may we encourage you to follow these steps:

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This announcement is to advise you that M&G Securities Limited will be making changes to the M&G Global Recovery Fund OEIC (a sub-fund of M&G Investment Funds (12)), effective from 6 December 2019.

 

The fund will change its investment approach and will be renamed the M&G Global Strategic Value Fund.

 

All share classes of the fund are impacted and are shown below and on the attached file. Also attached is the investment Circular detailing the changes, this has been sent to all shareholders of the fund by post today.

 

Fund & Share Class

ISIN

M&G Global Recovery Fund Euro A Accumulation

GB00BYRJNL93

M&G Global Recovery Fund Euro C Accumulation

GB00BYRJNM01

M&G Global Recovery Fund Sterling A Accumulation

GB00B3V2KY90

M&G Global Recovery Fund Sterling A Income

GB00B6QQDK47

M&G Global Recovery Fund Sterling I Accumulation

GB00B6173L33

M&G Global Recovery Fund Sterling I Income

GB00B706FQ75

M&G Global Recovery Fund Sterling R Accumulation

GB00B7MYFM53

M&G Global Recovery Fund Sterling R Income

GB00B7Q06F91

M&G Global Recovery Fund USD A Accumulation

GB00BYRJNN18

M&G Global Recovery Fund USD C Accumulation

GB00BYRJNP32

 

Key Headlines are:

  • The fund will be renamed the M&G Global Strategic Value Fund.
  • The fund’s Investment approach will be revised but the objective and investment policy will not change.
  • The funds Risk Rating is not expected to change as a result of these changes.

 

If you have any query concerning this matter please contact M&G Securities Limited on 0800 390 390 or at info@mandg.co.uk.

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M&G – FUND SUSPENSION NOTIFICATION


Important information 

We have been notified by M&G that they have temporarily suspended trading in the below fund(s):


What happens now?

Deals received for these funds from the effective date and time will be cancelled / rejected. The fund suspension will continue until further notice.

For further information please refer to the M&G website:

https://www.mandg.co.uk/investor/articles/property-portfolio-temporary-suspension/ 

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This notification is to advise you that termination prices issued for the closure of the M&G European High Yield Bond Fund on 30 November 2019 were incorrect. These incorrect prices were used to price redemption trades on 30 November 2019 and were shown on deal confirmations on Distributor Online Daily Dealing reports produced on the evening of 30 November 2019.     

      

Please do not use these prices in pricing any trades from 30 November or input them on your systems, instead please use the revised correct prices which are attached.     

      

Please note the following key points;     

      

  • Prices made on 30 November 2019 for the closing share classes of the M&G European High Yield Bond Fund have been overstated by approximately 17%.     
  • Cash considerations reported for redemption trades in the fund at close of business on 30 November 2019 were therefore overstated by approximately 17%.     
  • These trades are being reworked today (02/12/2019) and revised prices and cash considerations will be shown on Distributor Online Daily Dealing reports by close of business today. Paper contract notes will be issued tomorrow and will show correct trade details.     
  • To accommodate the trade corrections new confirmations/contract notes will show the correct prices, cash and units but will be dated 02/12/2019 at 14:00.     
  • Settlements based on the revised correct prices will still occur on T+3 which is 4 December 2019. Any settlements for these trades which would usually be made via Calastone or CREST will be processed outside of these portals and directly paid to relevant bank accounts.     

      

Please accept our apologies for any inconvenience this situation has caused. The error was a result of some misappropriated currency valuations on underlying assets. Additional controls have been introduced by M&G to ensure this does not happen in future.       

Should you have any queries on this communication please see the contact details for M&G Charities by clicking here.

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ARCHITAS  R to A SHARECLASS CONVERSION 13/12/2019

Due to an internal conversion project dealing will be temporarily suspended into our R and A share classes from 12.01 on Thursday 12th December until 09:00 on Friday 13th. During this time, Calastone will be unavailable for dealing for these share classes so any deals can either be held or submitted manually. Dealing will reopen at 09.00 on Friday 13th  December, including Calastone, so any manual deals previously held will be placed before the 12:00 dealing cut off and will achieve the same valuation point as they would have received if they had been placed at the original date of receipt, i.e. the 08:00 VP on Monday 16th December.

Please refer any  queries related to this event to the SS&C Distributor Client Services Team, our contact details can be found on the Contact Us page.

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As of Monday 2nd December the TM CRUX UK Fund will rename to TM CRUX UK CORE Fund, no changes to ISIN/SEDOL;


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Further to the recent mailing to notify unitholders of the upcoming conversion of T shareclass unitholdings into the S shareclasses, please be advised that instructions to repurchase units in the T Shareclasses can be accepted up to 12:00 on 13/12/19. Straight Through Processing for the T shareclasses will be unavailable after this time.

Instructions to subscribe, top-up or repurchase cash amounts in the T shareclasses can be accepted up to 12:00 on 12/12/2019.

All unitholdings in the T shareclasses as at 12:00 13/12/19 will be converted into the corresponding S shareclasses as detailed in the below table.  The conversion will take place in the VP for value date 16/12/19. The T shareclasses will be closed following the VP on 16/12/19.

Please refer any  queries related to this event to the SS&C Distributor Client Services Team, our contact details can be found by clicking here.




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Janus Henderson UK Index Fund & Janus Henderson UK Tracker Fund with Janus Henderson  Institutional UK Index Opportunities Trust.

Please be advised that, following  shareholder approval, Janus Henderson Investors will be merging the funds noted below on the 5 December 2019. The final valuation point (VP) for the donor fund will be at 12:00 on Thursday 5 December 2019. There is a non-dealing day on Friday 6 December across all share classes in both the Donor and Host funds. Normal dealing in the host fund will resume 9:00 on Monday 9 December 2019.

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.

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Schroders will be undertaking phase 2 conversions on the 30th of November. For further information please click here.
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Please be advised that the below SS&C TeX member will migrate to the Altus ATG platform on 18 November 2019 and will therefore change their electronic transfer details. Please see the Electronic Re-Registration Connection Details for full details. 
   
Allianz Global Investors GmbH UK  
Artemis Fund Managers Limited  
AXA IM UK Limited  
BMO Global Asset Mgmt  
Fund Partners Limited  
FundRock-FP Apollo Multi Asset Mgmt  
FundRock-FP Argonaut Funds  
FundRock-FP CAF Investment Fund  
FundRock-FP Frontier Invt Mgmt ICVC  
FundRock-FP Henderson Rowe  
FundRock-FP Octopus Invt Funds  
FundRock-FP Pictet OEIC  
FundRock-FP Russell ICVC  
FundRock-FP SC Davies Funds  
FundRock-FP Volare  
FundRock-FP WHEB Asset Mgmt Funds  
Royal London Unit Trust Managers   
   
On the same date the listed Fund Group(s) will upgrade to UKETRG market practice version to v3.0, please note however we will not support partial transfer or encash all requests at this time.  

Please ensure that action is taken to update the necessary data within your electronic transfers solution with effect from 18 November 2019.  
   
If you have any questions, or have any administrative requirements to action this change, please contact the SS&C ADS Team at ReReg@uk.dstsystems.com, or your solution provider. 
 
PLEASE NOTE: If the necessary configuration data is not set up, you will not be able to continue to conduct electronic re-registration with these participants.  
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M&G has written to shareholders of the shareclasses listed in the table below to inform them of the proposal to merge the funds into a Charity Authorised Investment Fund (CAIF) regulated by the Financial Conduct Authority (FCA) on Friday 15 November 2019.

This action requires the approval of the relevant Shareholders. M&G will host an EGM for shareholders where the written proposal to merge the funds will be proposed and votes will then be cast and counted.

The result will also be available after 3pm on the afternoon of Friday 4 October 2019 on our website (www.mandg.co.uk) or by calling us.




Should you have any queries on this communication please see the contact details for M&G Charities by clicking here.

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Dimensional Fund Advisors has appointed SS&C as administrator for its UK domiciled funds, Dimensional Funds ICVC ("the funds") effective from trade date 4th November 2019


For further information please click Here

For Bank Details please click Here  - Please note that these details are only applicable for trades placed on or after the 4th November 2019

For Fund Information please click Here


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Please be informed that JP Morgan have recently issued a website notice explaining that Declaration of Non-Dealing days for JPMorgan Fund ICVC, JPMorgan Fund II ICVC and JPMorgan Fund III ICVC. 
The Prospectuses have been updated to reflect that the Authorised Corporate Director (the “ACD”) may declare non-dealing days on a day or days on which any exchange or market on which a substantial portion of a Fund’s investments are traded is closed; and other days at the ACD’s discretion.  


   
Impacted Funds:  
Various – see LINK

Dates:
28 November and/or 31 December 2019
   
   
   
https://am.jpmorgan.com/gb/en/asset-management/gim/adv/events/news-and-announcements
 
https://am.jpmorgan.com/gb/en/asset-management/gim/per/guidance-and-planning/news-and-announcements

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Jupiter has received FCA approval for clarificatory changes to its fund objectives and policies and the introduction of non-dealing days. Please find attached a copy of the circular which we have posted to unitholders and agents on the 28th June 2019. We have also taken the opportunity in the circular to notify a change in the funds’ Depositary and fund accounting provider.

The Effective Date will the 6th September 2019.

Copy of Circular

Changes to UK Fund Range

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Effective 31 October 2019, the following changes will be made to the Invesco Hong Kong & China Fund (UK):

 

  • Fund name changes to Invesco China Equity Fund (UK)
  • Increased flexibility for the Fund to invest in China A Shares via Stock Connect. Whilst the Fund will have the flexibility to invest up to 100% in China A shares, the proportion of the Fund’s portfolio invested in China A shares will not change substantially in the shorter term.

 

All fund codes will remain unchanged.

 

The changes affect the following share classes:

 

Current Name

SEDOL

ISIN

New Name

Invesco Hong Kong & China Fund (UK) Accumulation Shares

3302833

GB0033028332

Invesco China Equity Fund (UK) Accumulation Shares

Invesco Hong Kong & China Fund (UK) Accumulation
(No Trail) Shares

B3RW8C7

GB00B3RW8C79

Invesco China Equity Fund (UK) Accumulation
(No Trail) Shares

Invesco Hong Kong & China Fund (UK) Accumulation
(Y) Shares

BJ04HS1

GB00BJ04HS18

Invesco China Equity Fund (UK) Accumulation
(Y) Shares

Invesco Hong Kong & China Fund (UK) Accumulation
(Z) Shares

B8N44V3

GB00B8N44V30

Invesco China Equity Fund (UK) Accumulation
(Z) Shares

 

 

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