Jupiter recently moved to a single price model. As a result of these changes clients who hold Income units in a number of funds and have the income reinvested will be converted to the accumulation share class. These transactions will show as a Unit Conversion and will be reported on DOLR on Monday 12 February. The funds affected by this can be found on the link at the bottom of this news item.
In order to facilitate this, STP trading will be temporarily suspended as follows:
US Small & Midcap Fund
As this fund has a 5pm Cut-off to receive the next working days VP, STP trading will be suspended from 5pm on Thursday 8 February until 8am on Monday 12 February.
In order to receive the VP of Monday 12 February, please submit any deal instruction via FAX before the 5pm cut-off on Friday 9 February.
All other Jupiter funds
STP trading will be suspended from 12pm on Friday 9 February until 8am on Monday 12 February.
In order to receive the VP of Monday 12 February, please hold your deal instructions and submit them STP from 8am on Monday
Converting funds list