News

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
Recent blog posts
Posted by on in News

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).

Hits: 2554

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.

Hits: 755
Posted by on in News

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.

Hits: 546
Posted by on in News

Further to the recent mailing to notify current Donor shareclass unitholders of the proposed event, subject to their approval, dealing in the donor shareclasses will be suspended after the 12:00 VP on 09/07/2020 to allow the holdings in the donor shareclasses to be converted into the host share classes as detailed in the below table.

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.

Donor share class

Donor ISIN

Host share class

Host ISIN

Merger Ratio

Royal London European Opportunities Fund M (Acc)

GB00B3BVQM68

Royal London European Growth Fund M (Acc)

GB00B52VBP79

1.00337046

Royal London European Opportunities Fund R (Acc)

GB00BGDYFH23

Royal London European Growth Fund R (Acc)

GB00BGDYFG16

0.20054268

Hits: 832

Latest News

Instruction Templates

Further info