Shareholder Circulars dated 5 September 2025 have been sent to Shareholders in SVM UK Opportunities Fund notifying them of the ACD’s proposal to merge the fund into RGI UK Opportunities Fund, a sub-fund of the RGI Funds ICVC.
Shareholder Circulars dated 5 September 2025 have been sent to Shareholders in SVM World Equity Fund notifying them of the ACD’s proposal to merge the fund into RGI Compound Global Equity Fund, a sub-fund of the RGI Funds ICVC
EGM’s were held on 23 September 2025 and approval was granted for the mergers too take effect from 24 October 2025.
The last VP for the funds will be 12.00 pm the 23 October 2025 with non-dealing days up to the 24 of September 2025.
Key Dates
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UK Opportunities Fund |
World Equity Fund
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Proxy Forms to be returned |
10am on 21 September 2025 |
11am on 21 September 2025 |
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EGM |
10am on 23 September 2025 |
11am on 23 September 2025 |
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Cut off for deals in Merging Fund |
11.59am on 23 October 2025
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Final VP for dealing in Merging Fund |
12pm on 23 October 2025
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Suspension of Dealing in Merging Fund |
12pm on 23 October 2025
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Effective Date |
12pm on 24 October 2025 |
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First VP for Dealing in New Shares |
12pm on 27 October 2025 |
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Impacted Share classes
On the Effective Date, Shareholders in the SVM UK Opportunities Fund will be issued New Shares in RGI UK Opportunities Fund and Shareholders in SVM World Equity Fund will be issued New Shares in RGI Compound Global Equity Fund, as below
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Merging Fund |
Receiving Fund |
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Share Class |
ISIN |
Sedol |
Share Class |
ISIN |
Sedol |
|
SVM UK Opportunities Fund A Accumulation |
GB0032064304 |
3206430 |
RGI UK Opportunities Fund B Accumulation |
GB00BW01H385 |
BW01H38 |
|
SVM UK Opportunities Fund B Accumulation |
GB0032084815 |
3208481 |
RGI UK Opportunities Fund B Accumulation |
GB00BW01H385 |
BW01H38 |
|
SVM UK Opportunities Fund S Accumulation |
GB00BPXVF324 |
BPXVF32 |
RGI UK Opportunities Fund S Accumulation |
GB00BW01H500 |
BW01H50 |
|
SVM UK Opportunities Fund Z Accumulation |
GB00BMZ1KM33 |
BMZ1KM3 |
RGI UK Opportunities Fund Z Accumulation |
GB00BW01H617 |
BW01H61 |
|
SVM World Equity Fund A Accumulation |
GB00B0KXRB86 |
B0KXRB8 |
RGI Compound Global Equity Fund B Accumulation |
GB00BW01GZ32 |
BW01GZ3 |
|
SVM World Equity Fund B Accumulation |
GB00B0KXSK43 |
B0KXSK4 |
RGI Compound Global Equity Fund B Accumulation |
GB00BW01GZ32 |
BW01GZ3 |
|
SVM World Equity Fund C Accumulation |
GB00BN2BY761 |
BN2BY76 |
RGI Compound Global Equity Fund C Accumulation |
GB00BW01H161 |
BW01H16 |
All Shares of the Merging Funds will be cancelled and will cease to be of any value on the Effective Date
Conversion Transactions
The transaction type Re-Registration Out will be used to transfer the funds.
Automated Dealing
Electronic trading via EMX and CTN will be suspended after 12.00pm on 23 October 2025. Dealing in New Shares in RGI UK Opportunities Fund and RGI Compound Global Equity Fund will commence from Monday 27 October 2025 and any trades should be submitted with your new account and agent details to the new connection details which will be issued by State Street.
Electronic Re-Registration will be suspended after 12.00pm on 17 October 2025 and any trades should be sent to the new Administrator from the 27 October 2025 with your new account and agent number to the new connection details which will be issued by State Street.
All deals in SVM UK Opportunities Fund and SVM World Equity Fund will be rejected after the 23 October 2025 VP.
New contact details
The Administrator of the RGI UK Opportunities Fund and RGI Compound Global Equity Fund is State Street Bank & Trust Company. There will be a new address, telephone and fax number from the 27 October 2025, this will be provided to clients by State Street.
For any immediate queries the following email address can be used
Settlement of inflight trades
Settlement proceeds for Sale transactions placed up to valuation point of the 23 October 2025 should continue to be paid to SS&C, using the existing account details, even if settlement is due after that date.
Secure Distributor Online Reporting
Secure Distributor Portal will show deal confirmation reports for trades up to the 23 October 2025, any trades for valuation points after this point will not be reported.
Data already available on the Secure Distributor Portal will remain available for 15 months after the report originally produced.