News
Reduction of subscription and redemption settlement periods for Royal London Short-Term Money Market Fund
On 12th December 2025 we are reducing the subscription and redemption settlement period for the Royal London Short-Term Money Market Fund from two business days to one business day. We are making this change to reflect what is becoming standard market practice for these types of Fund and so that the Fund can meet the requirements of a qualifying money market fund under the FCA rules.
Please take note of this change and make sure your buy trades are settled on time moving forward. ISINs in scope for this change are as follows:
| FAST Fund Code | Ext Fund Code | Long Name | SEDOL: | ISIN: |
| 58 | CAA | Royal London Short-Term Money Market Fund Y Inc | B3P2RZ5 | GB00B3P2RZ52 |
| 121 | SMM | Royal London Short-Term Money Market Fund Y Acc | B8XYYQ8 | GB00B8XYYQ86 |
| 207 | SMR | Royal London Short Term Money Market Fund R Acc | BG0ZNW9 | GB00BG0ZNW91 |
| 265 | SMS | Royal London Short Term Money Market Fund S Acc | BJYLZ84 | GB00BJYLZ845 |
| 266 | SMT | Royal London Short Term Money Market Fund S Inc | BJYLZ95 | GB00BJYLZ951 |
| 361 | SMX | Royal London Short-Term Money Market Fund X Acc | BQXMKW6 | GB00BQXMKW66 |
| 362 | SMY | Royal London Short-Term Money Market Fund X Inc | BQXMKV5 | GB00BQXMKV59 |