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Notice
This Notice is being issued to provide Participants with information on Equity Trustees Limited’s Registry Change.
The purpose of this ASX Notice is to inform ASX Market Participants of the change in unit registry for the following funds which Equity Trustees Limited (ASX Issuer code: IWM) is the Responsible Entity. The change of unit registry (and the Product Issuer Settlement Participant responsible under the ASX Settlement Operating Rules for facilitating settlement of requests for the application and redemption of mFund products) from Equity Trustees Limited to FundBPO Pty Ltd is expected to occur after close of business on Friday, 25 November 2016.
The following mFund products are impacted:
ASX Code: |
Product Description: |
Issuer/Responsible Entity: |
Fund Manager: |
|---|---|---|---|
IWM01 |
Alpha Diversified Income |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
IWM02 |
Alpha Infrastructure |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
IWM03 |
Alpha Australian Blue Chip |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
IWM04 |
Alpha Property Securities |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
IWM05 |
Alpha Enhanced Yield |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
IWM06 |
Alpha Global Opportunities |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
IWM07 |
Alpha Australian Small Companies |
Equity Trustees Limited |
Alpha Fund Managers Pty Ltd |
As a result of the change, Equity Trustees Limited has advised that applications, redemptions or switches (“transactions”) for these mFund products received after 11.15am AEDST on Wednesday 23rd November 2016 will not be accepted for processing. These transactions will ultimately be rejected back to the Settlement Participant concerned.
It is expected that FundBPO Pty Ltd will process transactions as normal from Monday, 28 November 2016.
ASX will advise participants should the change in unit registry be postponed.
What do I need to do by when?
Participants should ensure that staff receiving or processing transactions for the abovementioned mFund products understand the potential for these requests to be rejected during the change in unit registry.
Need more information?
Issued by
Cheng Zhang, Senior Officer, Post Trade Operations
Contact information
Cheng Zhang
1800 623 571
CHESSHelp@asx.com.au