Fund Announcement: 19 April Contents:

Transcription

1 Fund Announcement: 19 April 2013 Contents: 1. Termination of BNP Paribas Agriculture (SGD) Fund 2. BNP Paribas L1 - Notice of Statutory General Meeting 3. Notice to Shareholders of BNPPL1 Equity Europe 4. BNP Paribas L1 Notice to shareholders 5. DWS Invest, SICAV General Meeting 6. Notice of Annual General Meeting of the Shareholders of DB Platinum and DB Platinum IV 7. Eastspring Investments Funds - Monthly Income Plan Special Bonus Payout 8. Notice of Annual General Meeting - JPMorgan Investment Funds 9. RIC Plc Emerging Markets Equity Fund Product Update 10. CPFIS Delisting of Schroder International Choice Portfolio Schroder Emerging Markets Fund 11. CPFIS Delisting of Schroder International Choice Portfolio Schroder Emerging Europe Fund and Schroder BRIC Fund 12. Notice to the unitholders of UBS (Lux) Equity Fund 13. New Funds on Board 14. Dividend Payout for PIMCO Glb Bond Cl E Inc GBP Hed 15. Dividend Payout for PIMCO Glb Inv Gr Credit Cl E Inc GBP Hed 16. Dividend Payout for Aberdeen Asian Local Ccy SD Bond and Aberdeen EM Local Ccy Bond 17. Dividend Payout for First State Dividend Advantage 18. Dividend Payout for Eastspring Investments MIP M 19. Dividend Payout for Eastspring Inv Asian Property Sec SGD ASDQ 20. Dividend Payout for Eastspring Inv US Corp Bd SGD ASDM (H) 21. Dividend Payout for Eastspring Inv Asian HY Bd SGD ASDM (H) 22. Dividend Payout for Fullerton SGD Income Fd Cl B SGD 23. Dividend Payout for JPM EmMkt LocalCcy Debt USD A Mth 24. Dividend Payout for JPMorgan Asia Pacific Income Fund SGD A Mth 25. Dividend Payout for Schroder ISF EM Debt Ab Rt A Dis SGD-Hedged 26. Dividend Payout for Schroder ISF Gb Div Max A DIS SGD 27. Dividend Payout for Schroder Asian Equity Yield Fund Cl A 28. Dividend Payout for Schroder Asian Income SGD 29. Dividend Payout for Schroder Asian Income AUD-H 30. Dividend Payout for Schroder Asian Growth Fund 31. Dividend Payout for Schroder Asian Inv Grade Credit Cl A 32. Dividend Payout for Schroder Asian Inv Grade Credit RMB Hdg 33. Dividend Payout for Schroder Global High Yield Fund 34. Dividend Payout for Schroder Multi-Asset Revolution Cl A 35. Dividend Payout for FTIF-Templeton Glb Bond A(mdis) SGD 36. Dividend Payout for FTIF-Templeton Glb Bond A(mdis) SGD-H1 37. Dividend Payout for FTIF-Templeton Glb Bond A(mdis) USD 38. Dividend Payout for FTIF-Templeton Glb Total Ret A(mdis) SGD-H1 39. Dividend Payout for United Asian Bond Fund Class SGD 40. Dividend Payout for United Asia Active Allocation Fund 41. Dividend Payout for United Emerging Markets Bond Fund 42. Dividend Payout for United Glb Real Estate Sec Fd - 1 -

2 1. Termination of BNP Paribas Agriculture (SGD) Fund (the Sub-Fund ) We have been informed by BNP Paribas that the above mentioned Sub-Fund will be terminated on 13 May The Sub-Fund is currently a feeder fund which invests up to 100% of its assets into the underlying fund, Parvest World Agriculture (USD) (the Underlying Fund ). As advised by the management company of the Underlying Fund, the Underlying Fund will be merged into Parvest World Commodities, with effect as of 3 June As the investment objective of Parvest World Commodities is substantially different from that of the Underlying Fund and the Sub-Fund, the Manager of the Sub-Fund are of the view that it would not be in the best interest of the Unitholders to continue to operate the Sub-Fund. The following sets out the various options which may be available to you: Option 1 Redemption of existing units From now till 30 April 2013, 3pm, clients may redeem their units in the Sub-Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. Option 2 Hold Clients may continue to hold existing units in the Sub-Fund until the termination date on 13 May If you had invested in the Sub-Fund using Cash or SRS monies, the termination proceeds will be paid to you or your SRS account accordingly as soon as reasonably practicable after the fund termination. Option 3 Switching of existing units You may switch to another fund that is available on our website for free from now till 30 April 2013, 3pm. For more information, kindly refer to the attached notification from BNP Paribas BNP Paribas L1 - Notice of Statutory General Meeting The Statutory General Meeting will be held on 19 April 2013, 2.30 pm, at the offices of BNP Paribas Investment Partners Luxembourg. We have enclosed a copy of the notification together with the following document for your action: (1) Proxy Form Hence, please reply to clienthelp@fundsupermart.com by 11 April 2013 and indicate clearly if you would like to vote FOR or AGAINST the resolutions. We will then vote on the resolution on your behalf

3 If we do not receive your instructions by the stipulated date, we will abstain from casting your vote. All voting instructions received are irrevocable. For more information, please refer to the attached notice from BNP Notice to Shareholders of BNPPL1 Equity Europe We have been informed by BNP Paribas that as part of the exercise to rationalise product range, the Board of Directors have decided to cease the retail offering under the Singapore Recognized Scheme of the above sub-fund with immediate effect. The sub-fund is now registered under the Singapore Restricted Scheme. With immediate effect, we have ceased accepting monies for subscription. No action is required to be taken by you and you may continue to retain your shares in the sub-fund until such time that you wish to redeem them. Affected clients are given the following options: Option Redemption of existing units Clients may redeem their units in the fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. This option is available until 30 April 2013, 3pm. For more information, please refer to the attached notice from BNP BNP Paribas L1 Notice to shareholders Please see below on 3 notices relating to BNP funds. (A) BNP Paribas L1 Funds We have been informed by BNP Paribas that in the context of the rationalisation of the BNP Paribas Group range of funds and associated costs, the Board of Directors: 1) Decides to dissolve without liquidation the Merging sub-fund by transfer all of their assets and liabilities into the Receiving sub-fund in exchange for the issuing to their shareholders of new shares of the Receiving sub-funds as follows. BNP Paribas L1 Merging subfund PARVEST Receiving sub-fund Bond Best Selection World Emerging Bond Best Selection World Emerging Equity Best Selection Europe Equity Best Selection Europe Equity Europe Emerging Equity Europe Emerging Equity Indonesia Equity Indonesia Equity Russia Equity Russia Equity World Energy Equity World Energy - 3 -

4 Equity World Finance Equity World Materials Equity World Utilities Opportunities USA Equity World Finance Equity World Materials Equity World Utilities Opportunities USA 2) To dissolve without liquidation all the share classes without the Classic-DIS one of the following BNP Paribas L1 subfunds by transfer all of their assets and liabilities into the Receiving sub-funds in exchange for the issuing to their shareholders of new shares of the Receiving sub-funds as follows. BNP Paribas L1 sub-fund Bond World Emerging Local Equity World Emerging PARVEST Receiving sub-fund Bond World Emerging Local Equity World Emerging The Merging holders will receive, in the Receiving sub-fund, a number of shares, in the same category and class, registered in the same currency, as they have in the Merging sub-fund. Merger will be effective on 21 May 2013, first NAV calculation day taking into account merged assets. Please take note of the following timelines: - Buy/Switch Buy will be available until 7 May 2013, 3pm The following sets out the various options which may be available to you: Option 1 Redemption of existing units From now till 14 May 2013, 3pm, clients may redeem their units in the Sub-Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization Option 2 Switching of existing units You may switch to another fund that is available on our website for free from now till 14 May 2013, 3pm. Option 3 Hold Clients who accept the Merger may continue to hold existing units in the Sub-Fund. No action is required of you. Holdings in the Merging share class will be automatically merged into the Receiving share class on 21 May For more information, kindly refer to the attached notification from BNP Paribas. (B) BNP Paribas L1 Equity Europe Finance We have been informed by BNP Paribas that in the context of the rationalisation of the BNP Paribas Group range of funds and associated costs, the Board of Directors has decide to dissolve without liquidation the Merging sub-fund by transfer all of their assets and liabilities into the Receiving sub-fund in exchange for the issuing to their shareholders of new shares of the Receiving sub-funds as follows

5 Merging sub-fund BNP Paribas L1 Equity Europe Finance Receiving sub-fund BNP Paribas L1 Equity Best Selection Europe (Transferred on 21 May 2013 into PARVEST Equity Best Selection Europe) The Merging holders will receive, in the Receiving sub-fund, a number of shares, in the same category and class, registered in the same currency, as they have in the Merging sub-fund. Merger will be effective on 3 June 2013, first NAV calculation day taking into account merged assets. Please take note of the following timeline: - Buy/Switch Buy will be available until 16 May 2013, 3pm The following sets out the various options which may be available to you: Option 1 Redemption of existing units From now till 23 May 2013, 3pm, clients may redeem their units in the Sub-Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization Option 2 Switching of existing units You may switch to another fund that is available on our website for free from now till 23 May 2013, 3pm. Option 3 Hold Clients who accept the Merger may continue to hold existing units in the Sub-Fund. No action is required of you. Holdings in the Merging share class will be automatically merged into the Receiving share class on 3 June For more information, kindly refer to the attached notification from BNP Paribas. (C) Parvest Funds We have been informed by BNP Paribas that in the context of the rationalisation of the BNP Paribas Group range of funds and associated costs, the Board of Directors of the Luxembourg SICAV-UCITS PARVEST decides to dissolve without liquidation the Merging sub-fund by transfer all of their assets and liabilities into the Receiving sub-fund in exchange for the issuing to their shareholders of new shares of the Receiving sub-funds as follows. Merging sub-fund PARVEST Equity Europe Converging Receiving sub-fund BNP Paribas L1 Equity Best Selection Europe (Transferred on 21 May 2013 into PARVEST Equity Best Selection Europe) The Merging holders will receive, in the Receiving sub-fund, a number of shares, in the same category and class, registered in the same currency, as they have in the Merging sub-fund

6 Merger will be effective on 3 June 2013, first NAV calculation day taking into account merged assets. Please take note of the following timeline: Please take note of the following timeline: - Buy/Switch Buy will be available until 16 May 2013, 3pm The following sets out the various options which may be available to you: Option 1 Redemption of existing units From now till 23 May 2013, 3pm, clients may redeem their units in the Sub-Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization Option 2 Switching of existing units You may switch to another fund that is available on our website for free from now till 23 May 2013, 3pm. Option 3 Hold Clients who accept the Merger may continue to hold existing units in the Sub-Fund. No action is required of you. Holdings in the Merging share class will be automatically merged into the Receiving share class on 3 June For more information, kindly refer to the attached notification from BNP Paribas DWS Invest, SICAV General Meeting The General Meeting of DWS Invest, SICAV will be held on 24 April 2013 at am at the company s business premises. We have enclosed the following documents for your action: (1) General Meeting notice (2) Proxy Form Hence, please reply to clienthelp@fundsupermart.com by 17 April 2013 and indicate clearly if you would like to vote FOR or AGAINST the resolutions. We will then vote on the resolution on your behalf. If we do not receive your instructions by the stipulated date, we will abstain from casting your vote. All voting instructions received are irrevocable. For more information on the General Meeting, kindly refer to the attached notification from DWS

7 6. Notice of Annual General Meeting of the Shareholders of DB Platinum and DB Platinum IV The Annual General Meeting (AGM) of the shareholders of DB Platinum and DB Platinum IV will be held on 16 April 2013 at 11:00 a.m (Luxembourg time) at the premises of RBC Investor Services Bank S.A., 14, Porte de France, L-4360 Esch-sur-Alzette. We have enclosed a copy of the AGM notification together with the following document for your action: (1) Proxy Form Hence, please reply to clienthelp@fundsupertmart.com by 11 April 2013 and indicate clearly if you would like to vote FOR or AGAINST the resolutions. We will then vote on the resolution on your behalf. If we do not receive your instructions by the stipulated date, we will abstain from casting your vote. All voting instructions received are irrevocable. For more information, please refer to the attached notices from DB Platinum Eastspring Investments Funds - Monthly Income Plan (the Fund ) Special Bonus Payout We have been informed that the Fund has achieved positive growth since launch and Eastspring Investments (Singapore) Limited (the Manager ) intends to distribute a portion of these gains back to the Unitholders who are invested in the Fund. Unitholders will enjoy a special bonus payout of 3 cents per unit in addition to the 5 cents per unit (per annum) distribution that the Fund is currently offering. Class M Unitholders The special bonus payout of 3 cents per unit will be distributed equally on a monthly basis over a period of six months, from June to November 2013 (i.e. 0.5 cents per month over six months). The first Distribution Date for the special bonus payout in respect of Class M shall be 28 June The subsequent Distribution Dates shall be the last Business Day of every calendar month or such other dates as the Manager may in its absolute discretion determines. Class A Unitholders The special bonus payout of 3 cents per unit will be distributed entirely on the Distribution Date of 29 November Please note that the intention of making special bonus payout is at the absolute discretion of the Manager and will be made out of either (a) income; or (b) net capital gains; or (c) capital of the Fund or a combination of (a) and/or (b) and/or (c). It should not be taken to imply - 7 -

8 that further special payouts will be made. Please also note that the payment of the special bonus payout has the effect of lowering the NAV of the Fund. This notice is for your information only and will have no material impact to your clientt s investment. No action is required. For more information, kindly refer to the attached notification from Eastspring Investments Notice of Annual General Meeting - JPMorgan Investment Funds The Annual General Meeting ( AGM ) for JPMorgan Funds will be held on 26 April 2013 at 12:00pm (CET) at the registered office of the Company. We have enclosed a copy of the AGM notice together with the following document for your action: (1) Proxy Form Hence, please reply to clienthelp@fundsupermart.com by 16 April 2013 and indicate clearly if you would like to vote FOR or AGAINST the resolutions. If we do not receive your instructions by the stipulated date, we will abstain from casting your vote. All voting instructions received are irrevocable. For more information, please refer to the attached notice from JPMorgan Asset Management RIC Plc Emerging Markets Equity Fund Product Update We have been informed by Russell Investments that in February 2013, Russell discontinued the internally managed Select Exposure Custom Value Portfolio from the Fund after it had met its objective. Please find the changes to adviser strategic weights in the RIC Plc Emerging Markets Fund as follows: Manager Fund weights (%) Role in the Fund Old New* AllianceBernstein Value Arrowstreet Market-oriented/Quant Genesis Market-oriented Harding Loevner Market-oriented, quality growth Somerset Capital Quality Value UBS Growth/momentum Victoria 1522 Investments Market-oriented, thematic growth Russell Quality Value *As at 26/02/

9 For more information, kindly refer to the attached notification CPFIS Delisting of Schroder International Choice Portfolio Schroder Emerging Markets Fund (the Sub-Fund ) We have been informed by Schroder Investment Management that the above Sub-Fund will be delisted from the CPF Investment Scheme ( CPFIS ) Ordinary Account with effect from 31 May The Fund has ceased accepting CPF monies since 1 April 2008 as its expense ratios was above the median expense ratio in its risk class. After a reassessment of the Sub- Fund, the Managers have concluded that it is unlikely to meet the expense ratio requirement going forward. Affected CPF unit holders are offered the following options: Option 1 Switching of existing units From now till 31 May 2013, 3pm, you may switch into any CPFIS approved funds distributed on our platform. Option 2 Redemption of existing units From now till 31 May 2013, 3pm, you may redeem your units in the fund at the prevailing NAV. For Options 1 and 2, Schroders will bear the transaction costs (if any) imposed by CPF agent banks. Option 3 Hold You may continue to hold your CPF units in the fund. No action is required from you. However, please note that the Sub-Fund will no longer be managed in line with the CPF Investment Guidelines with effect from 31 May For more information, kindly refer to the attached notice from Schroders CPFIS Delisting of Schroder International Choice Portfolio Schroder Emerging Europe Fund and Schroder BRIC Fund (the Sub-Funds ) We have been informed by Schroder Investment Management that the above Sub-Funds will be delisted from the CPF Investment Scheme ( CPFIS ) Ordinary Account with effect from 1 May The Schroder Emerging Europe Fund and Schroder BRIC Fund have ceased accepting CPF monies since 1 April 2008 and 1 April 2009 respectively as their expense ratios were above the median expense ratio in the respective risk class. After a reassessment of the Sub-Funds, the Managers have concluded that it is unlikely to meet the expense ratio requirements going forward. Affected CPF unit holders are offered the following options: - 9 -

10 Option 1 Switching of existing units From now till 1 May 2013, 3pm, you may switch into any CPFIS approved funds distributed on our platform. Option 2 Redemption of existing units From now till 1 May 2013, 3pm, you may redeem your units in the funds at the prevailing NAV. For Options 1 and 2, Schroders will bear the transaction costs (if any) imposed by CPF agent banks. Option 3 Hold You may continue to hold your CPF units in the funds. No action is required from you. However, please note that the Sub-Funds will no longer be managed in line with the CPF Investment Guidelines with effect from 1 May For more information, kindly refer to the attached notice from Schroders Notice to the unitholders of UBS (Lux) Equity Fund - UBS Asian Consumption SGD P-acc - UBS Greater China SGD P-acc Please be informed of the following changes which will take effect on 29 April 2013: 1) The names of Subfunds and unit classes will be harmonized. The new names are: UBS (Lux) Equity - Asian Consumption (USD) SGD P-acc UBS (Lux) Equity - Greater China (USD) SGD P-acc 2) The upper limit for management fees of target funds in which the Subfunds invest depending on their individual investment policies will be fixed at a maximum of 3%, taking into account any trailer fees. The following sets out the option which may be available to you: Option Redemption of existing units From now till 26 April 2013, 3pm, clients may redeem their units in the Sub-Fund at the prevailing NAV. No realization charge will be imposed in respect of such realization. For more information, kindly refer to the attached notification from UBS

11 13. New Funds on Board Fund : JPMorgan Asia Pacific Income SGD(Hedged) A Mth Minimum Initial Investment : SGD 1,000/- Minimum Subsequent Investment : SGD 500/- Payment Method : Cash Investments Only Dividend Frequency : Monthly Reinvest 14. Dividend Payout for PIMCO Glb Bond Cl E Inc GBP Hed Declaration Date : 26 March 2013 Dividend Rate per unit : GBP Ex Date : 27 March 2013 Reinvestment/ Payout Date : Mid April Dividend Payout for PIMCO Glb Inv Gr Credit Cl E Inc GBP Hed Declaration Date : 26 March 2013 Dividend Rate per unit : GBP Ex Date : 27 March 2013 Reinvestment/ Payout Date : Mid April Dividend Payout for Aberdeen Asian Local Ccy SD Bond and Aberdeen EM Local Ccy Bond There will be no distribution for the above funds for the latest quarter. 17. Dividend Payout for First State Dividend Advantage Dividend Rate per unit : SGD Dividend Payout for Eastspring Investments MIP M Dividend Rate per unit : SGD

12 19. Dividend Payout for Eastspring Inv Asian Property Sec SGD ASDQ Dividend Rate per unit : SGD Ex Date : 2 April Dividend Payout for Eastspring Inv US Corp Bd SGD ASDM (H) Dividend Rate per unit : SGD Ex Date : 2 April Dividend Payout for Eastspring Inv Asian HY Bd SGD ASDM (H) Dividend Rate per unit : SGD Ex Date : 2 April Dividend Payout for Fullerton SGD Income Fd Cl B SGD Dividend Rate per unit : SGD Dividend Payout for JPM EmMkt LocalCcy Debt USD A Mth Dividend Rate per unit : USD Ex Date : 9 April Dividend Payout for JPMorgan Asia Pacific Income Fund SGD A Mth Dividend Rate per unit : SGD Ex Date : 9 April

13 25. Dividend Payout for Schroder ISF EM Debt Ab Rt A Dis SGD-Hedged Declaration Date : 27 March 2013 Dividend Rate per unit : SGD Ex Date : 28 March Dividend Payout for Schroder ISF Gb Div Max A DIS SGD Declaration Date : 27 March 2013 Dividend Rate per unit : SGD Ex Date : 28 March Dividend Payout for Schroder Asian Equity Yield Fund Cl A Dividend Rate per unit : SGD Dividend Payout for Schroder Asian Income SGD Dividend Rate per unit : SGD Dividend Payout for Schroder Asian Income AUD-H Dividend Rate per unit : AUD Dividend Payout for Schroder Asian Growth Fund Dividend Rate per unit : SGD Reinvestment/ Payout Date : Mid May

14 31. Dividend Payout for Schroder Asian Inv Grade Credit Cl A Dividend Rate per unit : SGD Reinvestment/ Payout Date : Mid May Dividend Payout for Schroder Asian Inv Grade Credit RMB Hdg Dividend Rate per unit : SGD Reinvestment/ Payout Date : Mid May Dividend Payout for Schroder Global High Yield Fund Dividend Rate per unit : SGD Reinvestment/ Payout Date : Mid May Dividend Payout for Schroder Multi-Asset Revolution Cl A Dividend Rate per unit : SGD Reinvestment/ Payout Date : Mid May Dividend Payout for FTIF-Templeton Glb Bond A(mdis) SGD Declaration Date : 5 April 2013 Dividend Rate per unit : SGD Ex Date : 8 April Dividend Payout for FTIF-Templeton Glb Bond A(mdis) SGD-H1 Declaration Date : 5 April 2013 Dividend Rate per unit : SGD Ex Date : 8 April

15 37. Dividend Payout for FTIF-Templeton Glb Bond A(mdis) USD Declaration Date : 5 April 2013 Dividend Rate per unit : USD Ex Date : 8 April Dividend Payout for FTIF-Templeton Glb Total Ret A(mdis) SGD-H1 Declaration Date : 5 April 2013 Dividend Rate per unit : SGD Ex Date : 8 April Dividend Payout for United Asian Bond Fund Class SGD Dividend Rate per unit : SGD Dividend Payout for United Asia Active Allocation Fund Dividend Rate per unit : SGD Dividend Payout for United Emerging Markets Bond Fund Dividend Rate per unit : SGD Dividend Payout for United Glb Real Estate Sec Fd Dividend Rate per unit : SGD Fair Dealing ifast is committed to sustainable business practices that are supported by a range of initiatives. For ifast, fair dealing is about conducting our business in a transparent and ethical way that enhances value for all of our stakeholders and delivers fair dealing outcomes to our customers. Fair dealing is central to ifast and the senior management and the board of ifast are committed to aligning the direction of ifast with fair dealing outcomes to all stakeholders. We recognise that this is a journey and best practice is continuously evolving