Please click here for further information on the second tranche of the Royal London PSA Conversion.

Please click here for further information on the Legg Mason conversion.

Please click here for more information on the M&G Fund Closure

Please click here for more information on the Invesco Perpetual Fund Liquidation on the 19/01/2018.

Further to the mailing in September concerning the proposed changes to the M&G Global Basics Fund, the changes to the fund have been approved at the shareholder EGM on 20 October 2017.  

Therefore with effect from 17 November 2017 the fund name will change to M&G Global Themes Fund, the investment policy and investment objective for the fund will be revised, and the performance comparator will be changed to the MSCI All Country World Index. All share classes of the Fund are affected and share class identifiers are shown below.  

   

Fund Name	Share Class	Share Type	ISIN	SEDOL
M&G Global Basics Fund	GBP A	Inc	GB0030932346	3093234
M&G Global Basics Fund	GBP I	Acc	GB00B4WV2P70	B4WV2P7
M&G Global Basics Fund	GBP I	Inc	GB00B76CZD62	B76CZD6
M&G Global Basics Fund	GBP R	Acc	GB00B7FW1L71	B7FW1L7
M&G Global Basics Fund	GBP R	Inc	GB00B765NR56	B765NR5
M&G Global Basics Fund	GBP X	Acc	GB0031952376	3195237
M&G Global Basics Fund	GBP X	Inc	GB0031952269	3195226

Please click here for further information on the Royal London PSA Conversion.

CHANGE OF TRUSTEE  
   
Please note that from 1 November 2017, The Bank of New York Mellon (International) Limited, will replace BNY Mellon Trust & Depositary (UK) Limited as Trustee of McInroy & Wood Balanced Fund, McInroy & Wood Income Fund, McInroy & Wood Smaller Companies Fund and McInroy & Wood Emerging Markets Fund.  This change is a result of an organisational change within the BNY Mellon group and has been approved by the Financial Conduct Authority and the Manager. The registered address of the new Trustee is One Canada Square, London, E14 5AL.  

ALIGNMENT OF ACCOUNTING PERIOD-ENDS  

Please note that the Manager intends to change all MWP fund accounting period-ends to 28 February each year (or 29 February in a leap year). These changes will take effect from 1 January 2018. The timing of interim and final distribution payments will therefore also change  Full details have been provided within a separate unitholder mailing, which will be published on the website: http://www.mcinroy-wood.co.uk/our-funds/ on 31 October 2017.

Please click here for more information on the JPM Fund Closure.

We wish to provide you with our plan to reduce the annual management charge currently in place on a number of Henderson funds. The affected share classes are as follows:

Share Class Name	SEDOL	ISIN	Current AMC	New AMC
Henderson Credit Alpha Fund A Acc	B3KTJD3	GB00B3KTJD38	1.50%	1.25%
Henderson Credit Alpha Fund A Acc Gross EUR Hedged	B630QF5	GB00B630QF50	1.50%	1.25%
Henderson Credit Alpha Fund A Acc Gross USD Hedged	B603K66	GB00B603K666	1.50%	1.25%
Henderson Credit Alpha Fund Y Acc	B1WPDG6	GB00B1WPDG66	1.00%	0.75%
Henderson Credit Alpha Fund Y Acc Gross EUR Hedged	B62ZD61	GB00B62ZD611	1.00%	0.75%
Henderson Credit Alpha Fund Y Acc Gross USD Hedged	B7Z5XY3	GB00B7Z5XY37	1.00%	0.75%

This change is the outcome of our continual and ongoing internal review of fund charges, and is to the benefit of investors. The effective date of the new AMC rate will be 1 November 2017.

 

On the 13 November SJP will migrate to the new fax number 0330 123 3684.  As a result there will be three fax environments available for Distributor Client Services.  These are summarised below:

0330 123 3775 or 0044 1268 44 1531
Virgin Money

0330 123 3728 or 0044 1268 45 7723
Artemis Multi Currency
Columbia Threadneedle Multi Currency
Investec Multi Currency
T. Rowe Price

0330 123 3684 or 0044 1268 45 7712
All other fund groups.

Please ensure the fund group is clearly stated on the first page of the transmission and that a separate fax is sent for each Fund Management Group.  A full list of fax numbers and guidance is available on the contact us page.

From 1 November 2017, Standard Life Investments is reducing the annual management charge on the majority of its share classes across it’s MyFolio Fund range.

A list of the affected funds/share classes can be found here and includes the corresponding new AMCs.

Please note if you receive a rebate on any of these funds, your rebate will be reduced accordingly however your net position will remain unchanged. Please also ensure any rebate invoices from the 1 of November are updated to reflect the new rates. We will be writing out to you directly with details of the new rebate amounts where applicable.

If you have any questions or would like to discuss anything further please contact with your Standard Life Investments relationship manager.

Overnight on 12 October 2017, DST will update DistributorOnline as part of becoming DST.  You can read further information about our re-brand here.

DOLR users will notice a subtle change to DOLR terms & conditions, and the removal of the IFDS name and logo from the site.  You can continue to access the site under the old url, or through our Portal home page at www.dstdistributorportal.com.

Going forward, DOLR notification emails will be sent from dst-ecom@uk.dstsystems.com, which remains an outbound-only email address.  Please continue to contact us using details found here.

Should you have any questions or require assistance, please select Live Chat at www.dstdistributorportal.com to talk to a member of the team.

UPDATE 21 September 2017

SJP will no longer be migrated to the new fax number on 25 September. Please continue to use the existing fax number as noted below until further notice.

0330 123 3795 or 0044 1268 44 1497
SJP

0330 123 3775 or 0044 1268 44 1531
Virgin Money

0330 123 3728 or 0044 1268 45 7723
Artemis Multi Currency
Columbia Threadneedle Multi Currency
Investec Multi Currency
T. Rowe Price

0330 123 3684 or 0044 1268 45 7712 
All other fund groups.

---

On the 25 September Columbia Threadneedle and SJP will migrate to new fax numbers.  As a result there will be three fax environments available for Distributor Client Services.  These are summarised below:

0330 123 3775 or 0044 1268 44 1531
Virgin Money

0330 123 3728 or 0044 1268 45 7723
Artemis Multi Currency
Columbia Threadneedle Multi Currency
Investec Multi Currency
T. Rowe Price

0330 123 3684 or 0044 1268 45 7712
All other fund groups.

Please ensure the fund group is clearly stated on the first page of the transmission and that a separate fax is sent for each Fund Management Group.  A full list of fax numbers and guidance is available on the contact us page.

Please click here for more information on the FP Matterley offload.

Please click here for the corporate action notification supplied by Janus Henderson.

Please note, DST are changing one column of the Final Distribution report on DOLR.  
   
Currently, column CY provides guidance for each distribution payment. The column reports 'Reinvested' for any Inc share class distributions that are mandated to reinvest into your account. Any other distribution method will report as 'Paid out'.  
   
Following distributor feedback, DST are changing this functionality.  
   
From 11 September 2017, column CY will be re-named to 'Reinvested'. Any distributions that are mandated to reinvest into your unitholder account will report a 'Y' in this column. Distributions that are not mandated to reinvest (i.e. paid out by BACS, are Accumulation share classes etc.) will report a blank cell.  
   
The Final Distribution report can therefore be used to identify any distributions set to reinvest onto your account, through the purchase of additional units.  
   
Should you have any questions about the change, or require assistance please contact us using Webchat from any page of www.dstdistributorportal.com.

Please be advised that Standard Life Investments will be open for dealing on Monday 28 August 2017.   This is a trading day however it will not be treated as a settlement day as this is a UK bank holiday.   Please see the below breakdown which confirms VP and settlement dates for the next week:

 

We would be grateful if you could set expectations with your dealing/reconciliation/settlements teams to avoid unnecessary enquiries

Please click here for further details of the share classes that will be converted.

The Vanguard UK funds that currently settle on T+3 are changing to settle on T+2 with effect from 5 September 2017. Any dealing placed with trade date Tuesday 5th September 2017 will be settled within 2 business days.

Please click here to view the funds affected.