On 15 February 2021, Invesco are moving account administration services from SS&C Financial Services International Limited (SS&C) to Bank of New York Mellon (BNYM).

 

Please see below information in relation to this change. More information can also be found on the Invesco website.

 

STP Trading – EMX & CTN

Electronic trading via EMX and CTN will be temporarily unavailable in line with the below valuation points;

 

12pm VP/5pm cut off – Rejected from 5pm 11 February 2021 (Summit Fund Series only)

12pm VP/12pm cut off – Rejected from 12pm 12 February 2021

 

Any trades after this point will be rejected and can be submitted after 8am on Monday 15^th February 2021 once the connections are re-established with Bank of New York Mellon, using your new account details.

 

Electronic Re-Registration

We will be closing Electronic Re-Registration between 8 February 2021 and 12 February 2021 (inclusive). Any electronic trades submitted during this period will be automatically rejected.

 

We are changing solution provider from Altus to Calastone for TeX transfers and re-registrations; this will be available from 8am 15 February 2021. Further information, including changes to SWIFT details, is available on the Invesco website.

 

Further information will also be provided by TeX separately.

 

Bank Account Details

If you settle purchases of shares electronically, these payments must be made into our new bank account from 15 February 2021 and should be accompanied by your new account number.

 

Our new bank details can be found on the Invesco website.

 

In-Scope Funds

A complete list of ICVC funds in-scope for this move is available on the Invesco website.

 

CREST
CREST settlement remains unchanged. Trades will continue to settle via CREST during the migration period and BNYM will facilitate CREST settlement from 15 February 2021 onwards.

 

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

 

New Online Service

BNY Mellon also offers a secure, self-service web portal, Transfer Agency (TA) Online. This provides investors with access to account data and activity as well as an online dealing capability.

 

If you would like more information about TA Online or wish to sign up for the portal, please email invescotaonline@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 using our Webchat service on www.distributorportal.co.uk.

 

 

Following the recent share class conversion activity, the conversion contract notes will be issued to you by post on Friday 9 October 2020. 

In the interim and should you require any further information around this activity, please contact us on 0370 7070073 (Option 2: Enquiries and DOLR Technical Support), or email Enquiries to: DCS@UK.dstsystems.com

Funds impacted: BMO-Funds_20201002-151309_1.pdf Original article: https://www.distributorportal.co.uk/news/entry/bmo-shareclass-conversion-26-09-2020

In July 2020 Architas, part of the global AXA Group, announced the sale of its UK investment business to Liontrust Asset Management Plc. The UK investment business includes two regulated legal entities: Architas Multi-Manager Limited and Architas Advisory Services Limited.  

The FCA has approved the regulatory change in control, and the sale has also been approved by Liontrust’s shareholders. 

This means that effective from 00:00 on 31 October 2020 the “Architas Multi-Manager Limited” entity will be re-named to “Liontrust Multi-Asset Limited”. The names of the Architas UK ICVCs and Funds will also be changing – full details of these changes can be found here. 

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.

Equity Trustees Fund Services Ltd has appointed SS&C as Administrator for the underlying OEIC product launch of Investec Wealth & Investment. The following GBP funds will be launching under this product, with the first valuation point of 5^th October 2020:

Fund Name	ISIN:
ES Investec Wealth & Investment Balanced Acc Fund	GB00BMW2QC19
ES Investec Wealth & Investment Balanced Inc Fund	GB00BMW2QD26
ES Investec Wealth & Investment Cautious Acc Fund	GB00BMW2Q219
ES Investec Wealth & Investment Cautious Inc Fund	GB00BMW2Q870
ES Investec Wealth & Investment Growth Acc Fund	GB00BMW2QH63
ES Investec Wealth & Investment Growth Inc Fund	GB00BMW2QJ87
ES Investec Wealth & Investment Income Acc Fund	GB00BMW2QM17
ES Investec Wealth & Investment Income Inc Fund	GB00BMW2QN24

 

 

Automated Dealing

 

EMX details are as follows;

 

EMX Participant ID:  EQUTR

Product Code: 000006

 

Application forms are required to open any new accounts. You will need to set up an agent code and request your participant ID to allow EMX trading once you have opened your initial account/s. Please follow the instruction templates on https://www.distributorportal.co.uk/documents/ss-c-instruction-templates

 

To establish a connection for CTN trading for this client, please speak to your contact at Calastone directly.

 

For further contact details, bank details and forms please refer to the below link on the launch date 5 October 2020 : https://www.distributorportal.co.uk/fund-groups/item/equitytrustees

 

If you do have any questions or queries please utilise webchat or for alternative contact details see the below link:

 

https://dstdistributorportal.com/contact-us