Secure Distributor Portal

Re: Standard Life Investments and Aberdeen Asset Management merger

Aberdeen                                             SLI


ASI



We wrote to you recently about some changes to the UK investment business following the merger between Standard Life Investments and Aberdeen Asset Management.

As a reminder, the management responsibilities for the UK investment business will be conducted by three companies within the group. Please see below:

Ø Aberdeen Asset Management Life & Pensions Limited (“AAM Life & Pensions Limited”)

Ø Aberdeen Standard Fund Managers Limited (“ASFML”)

Ø SLTM Limited

This will take effect from 10th December 2018.

In line with this merger activity, we are communicating changes regarding our STP processes and bank accounts.

Valuation points and price publication times

As a reminder, valuation points are being harmonised to a 12 noon VP. Please note the change in valuation point for the SLI UK Mutual Funds will also mean a change to the price publication time.

The prices were previously published by 12:30. The prices will now be published by 15.00 (SLI “GARS” fund will published by 16:00)

Please ensure you update your systems as required to reflect this change.

For all key changes please refer to our website:

https://www.aberdeenstandard.com/en/uk/institutional/funds-centre/fund-news

Automated Dealing

EMX:

After the following dealing cut-offs, trading will be turned off:

AAM Life & Pensions Limited 10:00 deal cut-off (12:00 VP) on 7 December 2018(existing EMX ID AAMLP)

Aberdeen Fund Managers Limited (AFML) 12:00 dealing cut-off and VP on 7 December 2018(existing EMX ID ABRDN)

Please be aware any trading submitted after the above dealing cut offs will be rejected until the funds are re-opened on the morning of 10th December 2018 under Aberdeen Standard Fund Managers Limited. Please hold any trades and submit using your new notified account details (to be issued pre-merger by DST) via EMX on 10th December 2018 before the dealing cut off using the EMX Participant ID “SLORD”.

Standard Life Investments (Mutual Funds) Limited 17:30 deal cut-off on6 December 2018 (for 7:30 VP on 7 December 2018)

Standard Life Investments (Mutual Funds) Limited 12:00 dealing cut-off and VP on 7 December 2018

Please be aware any trading submitted after the above dealing cut offs will be rejected until the funds are re-opened on the morning of 10th December 2018 under Aberdeen Standard Fund Managers Limited. Please hold any trades and submit your trades via EMX on 10 December 2018 before dealing cut off using existing account numbers and existing EMX participant ID SLORD.

Important: do not resort to issuing both STP and manual/fax/telephone dealing. In this scenario, if you do, there will be potential for trades to be duplicated. ASFML/SLTM/Aberdeen Life and Pensions will not accept liability in these circumstances.

Calastone:

After the following dealing cut-offs trading will be turned off:

AAM Life & Pensions Limited 10:00 deal cut-off (12:00 VP) on 7 December 2018

Aberdeen Fund Managers Limited (AFML) 12:00 dealing cut-off and VP on 7 December 2018

Please be aware any trading submitted after the above dealing cut off will be rejected until the funds are re-opened on the morning of 10th December 2018 under Aberdeen Standard Fund Managers. Please hold any rejected trades and re-submit using your new notified account details (to be issued pre-merger by DST) via Calastone on 10th December 2018.

Standard Life Investments (Mutual Funds) Limited 17:30 deal cut-off on 6 December 2018 (for 7:30 VP on 7 December 2018)

Standard Life Investments (Mutual Funds) Limited 12:00 dealing cut-off and VP on 7 December 2018

Please be aware any trading submitted for any fund/s with a 07:30 VP after the 17:30 dealing cut off on 6 December will be rejected until 12PM on Friday 7 December 2018. After this point, any deals placed after 12pm midday on the 7 December 2018 will be held and queued at Calastone then released on the morning of Monday 10 December 2018 to Aberdeen Standard Fund Managers Limited for the new harmonised 12pm midday valuation point.

For any funds with an a 12PM VP then these will be accepted as normal up until the dealing cut off on Friday 7 December. Any deals received post this cut off, will follow the same process above and be held at Calastone before being released on the morning of Monday 10 December 2018.

Electronic Re-Reg

We will be turning off Electronic Plan and ISA transfers (TeX transfers) on Aberdeen Fund Managers Limited and Standard Life Investments (Mutual Funds) Limited. The last traded Valuation Point will be Friday 30th November 2018 and the service will be re-enabled from the morning of 10th December 2018 under the entity Aberdeen Standard Fund Managers Limited. Any instructions received electronically between 3rd and 7th December 2018 will be rejected and should be re-submitted electronically under Aberdeen Standard Fund Managers on 10th December 2018.

Alternatively, if you have any urgent transfers in this time please submit these by post to the administration address which can be found on

https://www.dstdistributorportal.com/fund-groups/item/asi

Automated Settlement

Calastone Net Settlement:

We will be closing CTN Net Settlement on Aberdeen Fund Managers Limited and Standard Life Investments (Mutual Funds) Limited between Monday 3rd December and Friday 7th December 2018 (inclusive). The last traded Valuation Point to settle via Calastone Net Settlement will be Friday 30th November 2018.

Please see the below links for bank details for manual settlement of trades placed between these dates:

https://www.dstdistributorportal.com/fund-groups/item/aberdeen

https://www.dstdistributorportal.com/fund-groups/item/standard-life

Calastone Net Settlement will be re-opened on the morning of 10th December 2018 under Aberdeen Standard Fund Managers Limited

CREST Fund Settlement:

We will be closing CREST Fund settlement for settlement on Aberdeen Fund Managers Limited and Standard Life Investments (Mutual Funds) Limited between 3rd and 7th December 2018 (inclusive). The last traded Valuation Point to be settled via CREST will be Friday 30th November 2018.

Please see the below links for bank details for manual settlement of trades placed between these dates:

https://www.dstdistributorportal.com/fund-groups/item/aberdeen

https://www.dstdistributorportal.com/fund-groups/item/standard-life

Please note the CREST service will remain open for reconciliation and transferring of units between CREST participants under the existing CREST IDs over this period.

The full CREST Fund Settlement service will resume on the morning of 10th December 2018 under the new entity with the following IDs:

Registrar Participant ID:

R093

Aberdeen Standard Fund Managers Limited


Sponsored Product Provider Participant ID:

JRQAN - Aberdeen Standard Fund Managers Limited

New bank details

For deals placed up to trade date 7th December 2018, please complete the payment using the existing bank details confirmed in the web links below.

https://www.dstdistributorportal.com/fund-groups/item/aberdeen

https://www.dstdistributorportal.com/fund-groups/item/standard-life

For any deals placed for trade date 10th December 2018 onwards, please complete payment using the new bank account details below.

Any payments made to these new bank details ahead of the 10 December 2018 will be rejected and you will be liable for any interest claims.

Details can also be found here:

https://www.dstdistributorportal.com/fund-groups/item/asi

Aberdeen Standard Fund Managers Limited

Account Name: Aberdeen Standard Fund Managers Limited Dealing Account 2

Sort Code: 40-02-50

Account No: 91435817

IBAN Number: GB96MIDL40025091435817

BIC Code: MIDLGB22

SLTM Limited Funds

Account Name: SLTM Limited GBP Dealing Corporate Account

Sort Code: 40-02-50

Account No: 11360418

IBAN Number: GB56MIDL40025011360418

BIC Code: MIDLGB22

Aberdeen Asset Management Life & Pensions Limited

Account name: Aberdeen Asset Management Life and Pensions Limited Dealing Account 2

Sort code: 40-02-50

Account no: 51435922

IBAN Number: GB37MIDL40025051435922

BIC Code: MIDLGB22

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

For updated contact details, bank details and forms please refer to :

https://www.dstdistributorportal.com/fund-groups/item/asi

/downloads/SLORD-EMX-Standing-Data-with-Product-IDs.xlsx