Corporate Actions

A corporate action may affect any investment held through the Novia Global Wealth Management Service. This could involve a significant change to an investment including, amongst others:

  • A change of name, investment objective or policy.
  • A change to the level or nature of charges that apply to your investment.
  • Your investment closes, merges into another or becomes unavailable through the Service.
  • A change to the type, structure or regulation of your investment.

You may be unable to buy or sell investments via the service during the time in which we process corporate actions. This will include, amongst others, name changes, mergers or closures. It will typically not be possible to carry out transactions on investments about to undergo a corporate action for up to 20 business days prior to the effective date of the action.

Below you can find details of the investment affected, the corporate action that is going to happen and the date on which the change will become effective. You should check this page regularly to keep up to date with corporate actions and any impact they may have.

 

Effective Date Investment Affected Corporate Action
18/03/2020 UK Property Funds We have received notification that Kames, BMO (F&C), Aviva, Aberdeen Standard & Henderson have closed their UK property funds from any further trading. Please contact the relevant fund manager for further information.
10/07/2020 Artemis Global Income Fund We have received notification of the proposed merger of the Artemis Global Equity Income Fund into the Artemis Global Income Fund with effect from 10/07/2020. Please contact Artemis for further information.
01/07/2020 Janus Henderson Horizon Fund We have received notification that Janus Henderson will be making a number of changes to the Janus Henderson Fund with effect from 01/07/2020. Please contact Janus Henderson for further information.
07/07/2020 Standard Life Investments and Aberdeen Standard Global SICAV I We have received notification from the fund manager that a number of proposed changes of the Global SICAV fund plan to take effect from 07/07/2020. Please contact Aberdeen Standard for further information.
24/06/2020 Sarasin IE Sustainable Global Real Estate Equity (USD) We have received notification of the proposed merger of the Sarasin IE Sustainable Global Real Estate Equity (USD) Fund into the Sarasin IE Sustainable Global Real Estate Equity Fund with effect from 24/06/2020. Please contact Sarasin for further information.
02/06/2020 Investec Global Strategy Fund We have received notification of the change of name of the Investec Global Strategy Fund to the Ninety One Global Strategy Fund with effect from 02/06/2020. Please contact Ninety One for further information.
06/07/2020 CFP SDL UK Buffettology & CFP SDL Free Spirit We have received notification from Castlefield Funds of an arrangement affecting the CFP SDL UK Buffettology & CFP SDL Free Spirit sub-funds. Please contact Castlefield for further information.