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.

News

Blog posts from IFDS for news section.

Subcategories from this category: Aberdeen Standard Investments


Update - Virgin Money will not be migrating this weekend.

As part of a system upgrade on the weekend of 30/31st January, we will be moving over to a new fax number for the below management companies only.

  • Janus Henderson
  • Columbia Threadneedle
  • SJP (FAST)
  • Eurizon (not yet live)



DCS clients – Please see below the new fax numbers for the above management companies:

0330 123 3755 UK

01268 457731 International

Please can you update your records and use these new numbers from 01/02/2021

Hits: 201

FUND MERGER –UK Total Return Fund into UK Special Situations Fund

On 6 January 2021, Ninety One Fund Managers UK Limited issued a circular to shareholders in the UK Total Return Fund, together with a notice of an EGM regarding the proposed merger of the UK Total Return Fund into UK Special Situations Fund. This merger was approved by shareholders at the EGM held on 10 February 2021.

  • Dealings in the UK Total Return Fund will cease after the last VP at 12 noon on 25 February 2021.
  • The final accounting period for the UK Total Return Fund ends at 12 noon on 25 February 2021 and the fund is XD at this point (investors on the register at this time will qualify for any available income distribution). The merger then takes place after the fund is ‘XD’ at 12.01pm on 26 February 2021.
  • Dealings in the shares allocated as a result of the merger in the UK Special Situations Fund will commence on 1 March 2021.

No contract notes will be sent confirming the merger transactions but a confirmation letter will be sent to shareholders within ten business days of the merger and details of the number of shares which were held in the Ninety One UK Total Return Fund together with the number of new shares allocated in the Ninety One UK Special Situations Fund will be available to view via Distributor Online (‘DOLR’) after pricing on 1 March 2021. The merger circular can be obtained on our website here:

https://ninetyone.com/-/media/documents/2021/91-oeic-merger-proposal-uk-total-return-en.pdf

Merging Fund ISIN

Merging Fund Share Class Name

Receiving Fund ISIN

Receiving Fund Share Class Name

GB00B0DB0H64

UK Total Return Fund, A, Acc, GBP

GB0033063636

UK Special Situations Fund, B, Acc, GBP

GB00B8FV6L68

UK Total Return Fund, R, Acc, GBP

GB00B1XFJS91

UK Special Situations Fund, I, Acc, GBP

GB00B79C8894

UK Total Return Fund I, Acc, GBP

GB00BD5J0X50

UK Special Situations Fund, J, Acc, GBP

There will be no change to your existing Unit Holder ID or Agent Code as a result of this merger. Should you have any queries or questions about this merger please contact the SS&C Distributor Client Services Team, our contact details can be found by clicking here.

IMPORTANT PLEASE NOTE: For investors who hold the accumulation share class type, any available income will be accumulated within the UK Total Return Fund and reflected in the value of those shares. This value, including any income, will be used to calculate the number of new shares issued to you in the UK Special Situations Fund. Tax vouchers, if applicable, will also be sent to investors in both the accumulation and income share classes by 25 April 2021.

 

Hits: 53
Posted by on in News
We are aware that a small number of users are seeing an error message when accessing the Secure Portal. This is currently under investigation.

This issue is intermittent and users should re-try to access the portal after a few minutes as may clear the issue and allow access.
Hits: 56
Posted by on in News
13:40 update

Issue is fully resolved.

No further updates will be issued



13:15 Update

System is stablising with most users now being able to gain access.

Next update 14:00


12:45 Update

New errors are still being investigated.

Next update 13:30



12:00 update

Deployment complete however, additional errors now being seen and under investigation.

Next update 12:45




11:30 update

Deployment continues

next update 12:00



11:00 update

Root cause has been identified and a fix is currently in deployment. 

Next update 11:30



We are aware of an issue accessing Reports, Search and Tax Vouchers on the Secure Distributor Portal.

Document upload remains available at this time.

This issue is being investigated and a further update will be posted at 11:00.
Hits: 139
Posted by on in News




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 15th 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.

 

 

Hits: 213
Posted by on in News
Hits: 94
Posted by on in News

On 8th February 2021 Artemis will be changing the names of the below funds.  

   

Existing name  

New name  

Artemis Capital Fund  

Artemis SmartGARP UK Equity Fund  

Artemis European Growth Fund  

Artemis SmartGARP European Equity Fund  

Artemis Global Emerging Markets Fund  

Artemis SmartGARP Global Emerging Markets Equity Fund  

Artemis Global Growth Fund   

Artemis SmartGARP Global Equity Fund  

Artemis Institutional Global Capital Fund  

Artemis SmartGARP Institutional Global Equity Fund  

   

 

Hits: 167
Posted by on in News

Please ignore previous communication issued as the Management Companies in scope have now changed.

As part of a system upgrade on the weekend of  16/17th January, we will be moving over to a new fax number for the below management companies only.

M&G/Charities
ASI (Funds)


DCS clients – Please see below the new fax numbers for the above management companies:

0330 123 3755 UK

01268 457731 International

Please can you update your records and use these new numbers from 18/01/2021

Hits: 505
Posted by on in News


We are changing the Fund’s name from ‘Jupiter UK Smaller Companies Fund’ to ‘Jupiter UK Smaller Companies Equity Fund’ with effect from 15th February 2021, to differentiate the Fund from another fund in the range offered by our group companies.   

ISIN   

Unit Class Name   

GB0004911870  

UK Smaller Companies Equity Fund L (Acc)  

GB00B3LRRF45  

UK Smaller Companies Equity Fund I-Class (Acc)  

GB00BJJQ5X92  

UK Smaller Companies Equity Fund J-Class (Acc)  

   

Please find attached here the Shareholder Notice sent out today regarding the effective changes.  

   

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

Hits: 127
Posted by on in News



We propose to make administrative changes to certain unit classes within the Fund Range as follows:  

   

  1. Unit class name changes: The following unit classes will be re-named as follows:  

   

Current unit class name   

New unit class name   

Income   

L-Class Income   

Accumulation   

L-Class Accumulation   

P-Class Income   

T-Class Income   

P-Class Accumulation   

T-Class Accumulation   

   

  1. Reduction of investment minimum: The investment minimum will be reduced for the following unit class:  

   

Unit class  

Current investment minimum   

New investment minimum   

I-Class  

£5 million   

£1 million   

   

These changes will come into effect on 15th February 2021.   

   

Please find attached here the Shareholder Notice which is available on our website.  

   

Ahead of this date, please ensure that all name and investment minima have been updated prior to the effective date. Please find attached here the full list of ISINs with the changes highlighted in orange.   

   

No ISINS or other Fund codes will be changing.  

   

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

   

   

Hits: 158


Jupiter has received FCA approval to close the Jupiter Enhanced Distribution 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  
ENHANCED DISTRIBUTION (ACC)   BZ0PF15   GB00BZ0PF158  
ENHANCED DISTRIBUTION (INC)   BZ0PF04   GB00BZ0PF042  
ENHANCED DISTRIBUTION I CLASS (ACC)   BZ0PF37   GB00BZ0PF372  
ENHANCED DISTRIBUTION I CLASS (INC)   BZ0PF26   GB00BZ0PF265  

 

Hits: 528
Posted by on in News


Following FCA approval, Jupiter International Financials Fund will be renamed to Jupiter Global Financial Innovation Fund on 31 October 2020. The Investment Objective, Policy and Benchmark will also be updated and the performance fee removed at this time. Please see the investor notification Here for further details.  

   

Hits: 496
Posted by on in News

Further to the client notification letter that was sent on 12/11/2020 to notify the current unitholders of the upcoming closure, please be aware that the Absolute Alpha Fund will be closed to dealing instructions at 12:00 on 12/01/2021.

On 15/01/2021, the holdings in the closing shareclasses will be repurchased and the settlement proceeds will be issued to the unitholders.

Closing Shareclasses

 

UK Absolute Alpha Fund Institutional Accumulation

GB00B538F334

UK Absolute Alpha Institutional Income

GB00BRTM3P12

UK Absolute Alpha Fund Retail Accumulation

GB00B518L045

UK Absolute Alpha Fund X Accumulation

GB00BYX3VR74

UK Absolute Alpha Fund Z Accumulation

GB00B8BX5538

UK Absolute Alpha Fund Z Accumulation USD Hedged

GB00BZ0S6P50

UK Absolute Alpha Z Income

GB00BRTM3N97


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: 158
Posted by on in News




Please be advised Royal London have a number of Non-Dealing Days across their fund range for 2021. Please see the attached which provides a schedule of upcoming non-dealing days applicable to the corresponding sub-funds in 2021.

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 2021

Hits: 162
Posted by on in News




Please click here for a full list of Fund Group Christmas and New Year VP changes.

Please see below for Management Company Non Dealing Days over the Xmas And New Year Period

24/12/2020

  • JPM
  • Vanguard
  • AXA
  • AllianzGI
  • ASI - ASI China A Share Equity Fund Only , all other funds dealing as normal

     

29/12/2020

  • Quilter Investors

31/12/2020

  • JPM
  • Vanguard
  • Royal London
Hits: 298
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 SCDavies Global Equity Fund GBP Acc   GB00B6757199   B675719   24/12/2020
07:00


FP SCDavies Global Fixed Income Fund GBP Inc   GB00B6457N46   B6457N4 24/12/2020
07:00
FP SCDavies Global Fixed Income Fund GBP Acc   GB00B62WJ318   B62WJ31 24/12/2020
07:00

FP SCDavies Global Alternatives Fund GBP Acc   GB00B6568T95   B6568T9 24/12/2020
07:00
FP SCDavies Global Alternatives Fund GBP Acc USD   GB00BMWJ2353   BMWJ235 24/12/2020
07:00


FP SCDavies Global Equity Fund GBP Acc USD   GB00BMWJ2247   BMWJ224 24/12/2020 07:00

FP SCDavies Global Fixed Income Fund GBP Acc USD   GB00BMWJ3G55   BMWJ3G5 24/12/2020 07:00

 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. 

 Please note that these funds have a dealing cut of off 5pm, therefore the first trades will go through the VP 29th December.

Hits: 161


Further to the client notification letter that was sent on 12/11/2020 to notify the current unitholders of the upcoming closure, please be aware that the Absolute Alpha Fund will be closed to dealing instructions at 12:00 on 12/01/2021.

On 15/01/2021, the holdings in the closing shareclasses will be repurchased and the settlement proceeds will be issued to the unitholders

Closing Shareclasses

 

UK Absolute Alpha Fund Institutional Accumulation

GB00B538F334

UK Absolute Alpha Institutional Income

GB00BRTM3P12

UK Absolute Alpha Fund Retail Accumulation

GB00B518L045

UK Absolute Alpha Fund X Accumulation

GB00BYX3VR74

UK Absolute Alpha Fund Z Accumulation

GB00B8BX5538

UK Absolute Alpha Fund Z Accumulation USD Hedged

GB00BZ0S6P50

UK Absolute Alpha Z Income

GB00BRTM3N97


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: 183
Posted by on in News

We have been made aware that due to the recent enhanced COVID quarantine in place between the UK and Europe, outbound postal mail is being held up. Royal Mail have advised that this mail will be held securely until it can be processed. At present we have no indication as to how long this may take. They have advised that any mail currently in the system should be delivered, but this is not guaranteed.

 

In light of this news, we urge you to use our webchat functionality to speak to our team in real time where we can discuss alternative solutions should they be required – this can be accessed at www.distributorportal.co.uk and is represented as a green speech bubble in the bottom right hand of every screen. Please do not email as we are experiencing extremely heavy email volume at present and cannot guarantee a response as quickly as you may require.

 

Lastly, please remember to use our Secure Portal https://secure.dstdistributorportal.com/login where we have over 2 million reports available to extract reconciliation, trade, payment & tax voucher data to name but a few.

 

Hits: 215

As part of a system upgrade this weekend 12/13th December, we will be moving over to a new fax number for the below management companies only.

Liontrust (Ex Architas)  
Jupiter  
AXA  
Natixis  
Fundsmith  
Rathbones   
Omnis  
Equity Trustees  
Artemis  
BMO – Funds/FAST Business only!   
Carne Global – Whilst not LIVE, a migration to the new version is still required  

DCS clients – Please see below the new fax numbers for the above management companies:

0330 123 3755 UK

01268 457731 International

Please can you update your records and use these new numbers from 14/12/2020

 

 
Hits: 454
Posted by on in News



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 UK Property 1 Acc GB00B6118210 B611821 14/12/2020 08:00
BMO UK Property 1 Inc GB00B620FM64 B620FM6 14/12/2020 08:00
BMO UK Property 2 Acc GB00B830G150 B830G15 14/12/2020 08:00
BMO UK Property 2 Inc GB00B6449M48 B6449M4 14/12/2020 08:00
BMO UK Property Facc GB00BWZMHQ93 BWZMHQ9 14/12/2020 08:00
BMO UK ProptyFdr 1 Acc GB00BWZMHK32 BWZMHK3 14/12/2020 08:00
BMO UK ProptyFdr 1 Inc GB00BWZMHJ27 BWZMHJ2 14/12/2020 08:00
BMO UK ProptyFdr 2 Acc GB00BWZMHM55 BWZMHM5 14/12/2020 08:00
BMO UK ProptyFdr 2 Inc GB00BWZMHL49 BWZMHL4 14/12/2020 08:00

 

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.

For further information please refer to the BMO website.

Hits: 241

Latest News

Instruction Templates

Further info