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



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.

Hits: 1793
Posted by on in News


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.

Hits: 760

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.

Hits: 692

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.

Hits: 781

Latest News

Instruction Templates

Further info