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Subcategories from this category: Aberdeen Standard Investments
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Due to an internal conversion project Calastone will be unavailable for dealing into our R and A share classes from 12.00 on Thursday 9th July until 09:00 on Friday 10th July. During this time any deals can either be held or submitted manually. Dealing will reopen at 09.00 on Friday 10th July and any deals previously held will be placed before the 12:00 dealing cut off and will achieve the same valuation point as if they would have received if they had been placed at the original date of receipt, i.e. the 08:00 VP on Monday 13th July.  

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Please be advised that the original Live date for Omnis Investments addition to Electronic Re-registration has been delayed until Monday the 13th July (originally 6th). Please note that the connection details remain unaltered below:


Please be advised that the Omnis Investments have signed up to become a TeX member and have been added to the SS&C electronic transfer solution. Their electronic transfer details are as follows:

Omnis Investments                         (TeX Member ID: OM584OM1F01)

New Electronic Transfer Details

Business Entity BIC (BIC11): ALUSGB21OMN  

SWIFT DN: 
ou=omn,ou=atgfunds2,o=alusgb2l,o=swift  

Swift Addressing BIC8/11: ALUSGB2L / ALUSGB2LXXX

These details will be active from 6th July 2020.

If you are connected to other SS&C Fund Groups then we will enable your connection with Omnis Investments.

If you have any questions, or have any administrative requirements to action this change, please contact the ADS Team at ReReg@uk.dstsystems.com, or your solution provider.

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Further to the recent mailing to notify shareholders of the above fund of the upcoming conversion, unitholders in the C Inc shareclass will be converted into the I Inc shareclass of the same fund effective on 03/07/2020

Please contact the SS&C Distributor Client Services Team if you have any queries, our contact details can be found by clicking here.

Donor share class

Donor ISIN

Host share class

Host ISIN

Allianz Gilt Yield Fund C Class Inc

GB0031383283

Allianz Gilt Yield Fund I Class Inc

GB0031383390

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Jupiter has received FCA approval to close the Jupiter UK Alpha Fund.

Please find a copy of the circular here which was posted to our clients and agents from the 1 July 2020 , confirming our intention to close the fund.

The closure date will be the 22 July 2020.

If you have any queries regarding this notification please contact your Jupiter Sales representative or account manager.       

  Fund Name       Sedol     ISIN  
  UK ALPHA (ACC)     577311    GB0005773113  
  UK ALPHA I CLASS 
(ACC)  
  B457WC9    GB00B457WC97




 

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From Monday 22 June, Schroders’ Transfer Agency services will be provided by HSBC. Please note all queries, including queries relating to dealing and settlement services should be directed to:  

Telephone: 0345 030 7277 (overseas +44 1397 436 966)

Email: schrodersinstitutional@hsbc.com

Fax: 0333 207 4504 (overseas +44 333 207 4504)

Post: Schroders Investor Services, PO BOX 1402, Sunderland SR43 4AF

For a list of ISINs of impacted fund please see Schroder’s Advisor and Asset Manager websites. 

STP Trading – EMX, CTN & Electronic Re-Registration

Electronic trading via EMX and CTN in the funds list above were temporarily suspended over the weekend of 20-21 June. Please resubmit on Monday 22 June 2020 with your new account and agent details. Please note that you will need to quote your new numbers and codes for straight through processing to work otherwise deals will fail.

STP Settlement – CREST & CTN Net Settlement

CREST Settlement continued to settle as normal. HSBC has taken over the administration of the Schroders’ CREST participant ID for trades due to settle on or after 22 June 2020. CTN Net Settlement continued to settle as normal. HSBC has taken over the administration from trades due to settle on or after 22 June 2020.

SS&C is unable to comment on the operation under the new administrators. If you have any queries, please contact HSBC on the new details above or you can contact the SS&C Distributor Client Services Team on 0800 718 777 or +44 1268 443952 if calling from outside the UK).

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Reminder: On 22nd June 2020, SS&C will be upgrading our AWD system to version 10.9. This upgrade will be completed using RBS Collective Investment Funds Ltd as the first Asset Manager being moved onto the new version.

 

In preparation of the release, the RBS fax number was changed on 25 May 2020 and communications were originally sent out to confirm this. A further communication will also be sent out on 19 June.

 

As a reminder, please continue to use this new fax number 0330 123 3755.

 

Please Note: Any faxes sent to the old number will only be accepted as part of a ‘two week’ grace period ending 03/07/2020. After this point any faxes sent to the old number will be automatically rejected.

 

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Important information

We have been notified by BMO that they have lifted the fund suspension in the below fund(s):

Fund Name ISIN SEDOL Effective Date Effective Time
BMO PRPTY G&I H ACC GB00BQWJ8463 BQWJ846 16/06/2020 12:00pm
BMO PRPTY G&I H INC GB00BQWJ8570 BQWJ857 16/06/2020 12:00pm
BMO PRPTY G&I I ACC GB00BQWJ8687 BQWJ868 16/06/2020 12:00pm
BMO PRPTY G&I I INC GB00BQWJ8794 BQWJ879 16/06/2020 12:00pm
BMO PRPTY G&I J ACC GB00BVG2S800 BVG2S80 16/06/2020 12:00pm
BMO PRPTY G&I J INC GB00BVG2S917 BVG2S91 16/06/2020 12:00pm



What happens now?

These funds will be available for trading from the effective date and time. You will need to resubmit any previously reject trade instructions if you still wish the transaction to go ahead.

For further information please refer to the BMO website.

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Please be aware the shareclasses listed below will be closed on 18/06/2020, it will be possible to repurchase your holding up to this date. All holdings will be repurchased in the final VP on 18/06/2020 and proceeds will be settled to the clients payment details held on file.

Share class Name

ISIN

Allianz Global AC Equity Insights Fund W Acc

GB00BF422C20

Allianz Global AC Equity Insights Fund E Acc

GB00BF422B13

Allianz Global AC Equity Insights Fund O Acc

GB00BDD7MY60


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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Schroder Unit Trusts Limited (‘SUTL’) has appointed HSBC as its UK Registrar and will replace SS&C as administrator effective Sunday 21 June 2020.

 

The fund ranges operated by Schroder Unit Trusts Limited (‘SUTL’) that will be affected by the change are available here.

 

From Monday 22 June 2020, the register details for your holdings will be updated and all queries, including queries relating to dealing and settlement services, should be redirected to HSBC using the following details:

 

Telephone: 0345 030 7277 (overseas +44 1397 436 966)

Email: schrodersinstitutional@hsbc.com

Fax: 0333 207 4504 (overseas +44 333 207 4504)

Post: Schroders Investor Services, PO BOX 1402, Sunderland SR43 4AF

 

STP Trading – EMX, CTN & Electronic Re-Registration

 

Electronic trading via EMX and CTN in the fund list above will be temporarily suspended. Any trades submitted after the cut off times here will be rejected. Please resubmit on Monday 22 June 2020 with your new account and agent details.

 

Electronic Re-Registration will be unavailable from Friday 19 June 2020. Details of the new service with HSBC will be published nearer the live date. Any electronic transfers submitted after 19 June 2020 will be rejected.

 

STP Settlement – CREST & CTN Net Settlement

 

CREST Settlement will continue to settle as normal during this transition. HSBC will take over the administration of the Schroders’ CREST participant ID for trades due to settle on or after 22 June 2020.

 

CTN Net Settlement will continue to settle as normal during this transition. HSBC will take over the administration from trades due to settle on or after 22 June 2020.

 

Please ensure you have made all relevant internal parties aware of these changes.

 

SS&C is unable to comment on the operation under the new administrators. If you have any queries, please contact the SS&C Distributor Client Services Team on 0800 718 777 or +44 1268 443952 if calling from outside the UK).

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Liontrust has appointed Bank of New York Mellon as its UK Transfer Agent and will replace SS&C as administrator effective from 15th June 2020.

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 12th June 2020.

We will be closing Electronic Re-Registration between 8th June and 12th June 2020 (inclusive). Any electronic trades submitted after the above suspension times will be automatically rejected.

The EMX participant ID and BIC codes for the fund range currently administered by SS&C will be closed from 12th June 2020 and funds will be re-opened by the existing Liontrust details administered by Bank of New York Mellon.

STP Settlement – CTN Net Settlement and CREST

We will be closing CTN Net Settlement and CREST between 8th June and 12th June 2020 (inclusive). The last traded Valuation Point to settle via CTN Net Settlement and CREST will be 5th June 2020. Please click here for settlement bank details to be used for trades placed between the above dates.

Please ensure you have made all relevant internal parties aware of these changes and updates are made in line with the dates above.

New Telephone and Fax Contact Details with effect from 15 June 2020:

 

Tel:  0344 892 0349                                                           Tel:  +44 (0) 203 528 4110             

Fax: 0207 964 2562                                                           Fax: +44 (0) 207 964 2562

Email: Liontrustadmin@bnymellon.com                                Email: Liontrustadmin@bnymellon.com

 

SS&C are unable to comment on the operation under the new administrators however, should you have any queries on this communication please contact the SS&C Distributor Client Services Team, our contact details can be found by clicking here. Further details can be located on www.liontrust.co.uk.

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On 18/05/2020, a notification letter was issued to the current unitholders of the shareclasses listed below to inform them that the fund will be closed to dealing activity from 12:00 on 08/06/2020 and that any unitholding present after that date will be force repurchased on 16/06/2020.

Dealing in the closing shareclasses will continue as per BAU up to the Valuation point of 12:00 on 08/06/2020, after this time dealing will be suspended and the fund will be closed as described in the letter.

List of closing shareclasses

   

ISIN

Schroder European Equity Absolute Return Fund P1 Acc GBP Hdg

GB00B39VWX15

Schroder European Equity Absolute Return Fund P2 Acc GBP Hdg

GB00B39VWZ39

Schroder European Equity Absolute Return Fund P1 Acc Euro

GB00B39VWY22

Schroder European Equity Absolute Return Fund P2 Acc Euro

GB00B39VX053


Should you have any queries on this communication please contact the SS&C Distributor Client Services Team, our contact details can be found by clicking here.

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Important information

We have been notified by SC Davies Fundrock that they have lifted the fund suspension in the below fund(s):

Fund Name

ISIN

SEDOL

Effective Date

Effective Time

FP SC Davies Global Equity Fund GBP Acc

GB00B6757199

B675719

02/06/2020

09:00

FP SC Davies Global Fixed Income Fund GBP Acc

GB00B6457N46

B6457N4

02/06/2020

09:00

FP SCDavies Global Fixed Income Fund GBP Inc

GB00B6568T95

B6568T9

02/06/2020

09:00

FP SCDavies Global Alternatives Fund GBP Acc

GB00B62WJ318

B62WJ31

02/06/2020

09:00

 

What happens now?

These funds will be available for trading from the effective date and time.

You will need to resubmit any previously reject trade instructions if you still wish the transaction to go ahead.

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Important information relating to Artemis Pan-European Absolute Return Hedged Class 'I' Acc (GB00BMMV4J16)

At Artemis, we regularly review the funds across our range to ensure we are offering appropriate products to our investors. Given the size of the Fund (approximately £7 million, as at 31 March 2020), its investment performance and having received continued redemptions from the Fund, we have undertaken an assessment of the ongoing viability of the Fund and its future prospects, in terms of increasing size and scale through gaining new investors. Having considered a number of options, we have concluded that there are no suitable options for maintaining the Fund and closing the Fund is therefore in the best interests of investors.

When will the closure take place?

  • The target closure date of the Fund is 20 May 2020 (the “Effective Date”). This date might be slightly later or earlier if that is necessary for operational reasons. If so, we will confirm the new Effective Date by publishing it on artemisfunds.com/fund-changes.
  • In order to wind down the Fund in an orderly manner, the Fund will be suspended from the date of this letter and no subscriptions or redemptions into the Fund from investors will be allowed from the date of this letter onwards.
  • How will you be impacted by the closure and what options are available to you?

The Fund will continue to operate within its stated investment objective and policy until the Effective Date.  From the Effective Date, the Fund will sell down all remaining positions to make payments to investors.

  • The costs associated with the closure of the Fund shall be borne by Artemis, including legal and regulatory charges but not the trading-related transaction costs associated with the disposal of the Fund's investments which will be borne by the Fund itself.

 

You are entitled to switch your shares into units/shares in another Artemis UK-domiciled fund, free of any transfer charges. If you would like to exercise this option, please contact us by post at Artemis Fund Managers Limited, PO Box 9688, Chelmsford, Essex, CM99 2AE or fax on 0845 076 2290 (outside the UK, +44 1268 441 508). Online and telephone instructions to switch will not be accepted.  Please note that instructions to switch must be received no later than 12:00 noon (UK time) on the Effective Date. Switches will take place shortly after the Effective Date.     We cannot offer you advice about which fund you may wish to switch to and we recommend that you consult with a professional adviser, and read the Key Investor Information Document of any alternative fund before you choose to invest.

 

If you choose not to switch your shares into units/shares in another Artemis UK-domiciled fund or do nothing, your shares will be redeemed at 12:00 noon (UK time) on the Effective Date (ISA investors may additionally choose to transfer their shares at this point). No redemption charge will be applied. The proceeds will be forwarded to the bank account details you provide in your confirmation (subject to satisfactory identification checks). We anticipate making a payment within 12 business days of the Effective Date but we will endeavour to make a payment sooner, if operationally possible. 

 

Please note, redemption proceeds will be released on T+1 (03.06.20).  

    

We are unable to provide tax advice and we therefore suggest that if you are in any doubt about the tax consequences of your election, you should consult a professional adviser. Please note that Artemis will not be responsible for or pay any investor’s personal tax liability arising from the closure.

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As part of our AWD Upgrade, RBS (our pilot Manco) will be moving over to a new Fax Broker line as of 25th May 2020.

 

AWD R3 Broker DCS

0330 123 3755

01268 457731

 

Please use this number from 25th May 2020.

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On 01/05/2020, a notification letter was issued to the current unitholders of the shareclasses listed below to inform them that the fund will be closed on 03/06/2020.

Dealing in the closing shareclasses will continue up to the Valuation point of 12 noon on 02/06/2020, after this time dealing will be suspended and the fund will be closed as described in the letter.

GB00BY7S9L81            BMO Global Equity Market Neutral V10 Fund 3 Acc
GB00BDGT6Q93           BMO Global Equity Market Neutral V10 Fund 3 Inc
GB00BY7S9K74            BMO Global Equity Market Neutral V10 Fund C Acc

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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The Aberdeen Standard Investments (’ASI’) brand was created in 2017 following the merger of Aberdeen Asset Management and Standard Life.  We believe that aligning the names of our UK funds with the new ASI brand will create consistency and simplicity for investors.  

   

Consequently, we have decided to take this opportunity to change the names of the majority of our UK funds to include the ‘ASI’ prefix at the beginning of each UK fund name in place of ‘Aberdeen’ or ‘Standard Life Investments’.  Certain funds, where Aberdeen Standard Capital is the sub-advisor, will have ‘Aberdeen Standard Capital’ at the beginning of each name in place of Standard Life Wealth.  

   

This will take effect on 7th August 2019; we have attached a document here which will provide you with a summary of the changes.  

 

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Effective Monday 4th May 2020, Invesco are removing the entry charge from the remainder of the share classes offered, across all Invesco ICVC funds, as detailed in the attached spreadsheet.

 

The removal of the entry charge means that initial commission will also cease to generate from the effective date.

 

All advisers were notified of this change in February 2020.

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Please be advised Royal London have a number of Non-Dealing Days across their fund range for the remainder of 2020. Please see the attached which provides a schedule of upcoming non-dealing days applicable to the corresponding sub-funds in 2020.

On these days there will be no dealing in shares of the sub-funds, as these funds have a substantial portion of their portfolio traded on an exchange or market which is closed.

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.

Non Dealing Days 2020

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On 16 March 2020 Investec Asset Management demerged and changed its name to Ninety One. Investec Fund Managers Limited is now Ninety One Fund Managers UK Limited. For more information visit www.ninetyone.com

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