If the shareholders of the GAM UK Equity Income Fund vote in favour at the EGM of the 26th June, the GAM UK Equity Income Fund will be merged into the Jupiter UK Multi Cap Income Fund on the 12th July.
There will be a non-dealing day on the 12th July for the GAM UK Equity Income Fund.
Conversion Information
The transaction type ‘Re-Registration In’ will be used to merge your holdings from GAM to Jupiter.
Contact Details
Contact details to be used from the above date can be found here
|
The new postal address will be: The new courier address will be: Jupiter Unit Trust Managers Limited Jupiter Unit Trust Managers Limited |
Account Information
- If an existing account has been identified in Jupiter you would have received a separate communication requesting confirmation for these accounts to be used. If you have not had a communication for this, then the funds will be placed in a newly created account.
- Details of your new account numbers and agent codes will be communicated via email on the 3rd July.
- Your Agent codes will change to either existing Jupiter agent codes or if there is no equivalent agent in Jupiter a new agent code will be created. These new details should be used from the 15th July.
- Any nil balance account for the funds with GAM will not be converted to Jupiter.
- All Dealing and Distribution mandates held on your GAM accounts will be converted over to any new Jupiter accounts. If the funds are going to an existing account with Jupiter the current mandates on the account will be used.
- If you have an existing repurchase settlement mandate on your GAM account, this will be applied to your Jupiter account as a coverall agreement.
Secure Distributor Portal Reporting
The new accounts and agent codes will need to be linked to the Secure Distributor Portal in order to receive reports. To arrange this please complete a linking form available here. Account numbers will be circulated on the 3rd July and our deadline for the return of linking forms is 5th July.
Please note, any forms received ‘not in good order’ by the deadline will not have online reporting available on day 1. Guidance on how to complete the forms can be found on the link above.
Trading information
Trading with SS&C will commence from 8am Monday 15th July. It is important to ensure trades submitted from this point quote your new unitholder and agent details. Agent codes are mandatory for Calastone and EMX trading.
The EMX participant and product details to use from the above date and time are shown below.
EMX Participant ID: JUPTR
EMX Product code: 000013 or 000067
Calastone Connection Details
If you don’t have an existing connection, please refer to Calastone directly to set up connectivity with them.
ISIN’s
|
Class |
ISIN |
Sedol |
Mex-ID |
|
Jupiter UK Multi Cap Income W (GBP) Acc |
GB00BRC7L267 |
BRC7L26 |
JIAAES |
|
Jupiter UK Multi Cap Income W (GBP) Inc |
GB00BRC7L374 |
BRC7L37 |
JIAAER |
Pricing
We’d like to draw your attention to the change in pricing format of the two funds as this may require a configuration in your systems should the merger go ahead. Please find below information from the shareholder notice.
|
|
Merging Fund |
Receiving Fund |
|
Name |
GAM UK Equity Income |
Jupiter UK Multi Cap Income Fund |
|
Pricing basis |
Single priced (in pounds to four decimal places) |
Single priced (in pence to two decimal places) |
Electronic re-registration and STP conversions
The connection details to use from 15th July are detailed below.
Business Entity BIC – ALUSGB21JUP
BIC 8 – ALUSGB2L
BIC 11 – ALUSGB2LXXX
SWIFT DN - ou=jup,ou=atgfunds2,o=alusgb2l,o=swift
Bank Account Details
The below bank detail will need to be used for the funds from the 15th July.
Jupiter Dealing Account
Sort Code: 16-04-00
Account No: -20207029
IBAN Number: GB60RBOS16040020207029
Bank account address: The Royal Bank of Scotland plc. London Corporate Service Centre, PO Box 39952, 2½ Devonshire Square, London, EC2M 4XJ