Periods of increased market volatility can have an impact on investment valuations. Here we’ll keep you updated on any fund suspensions.
Download a current list of suspended funds - July 2020
If a fund suspends trading, the Q&As below will provide some useful information:
You should always confirm the latest position on pricing direct with the fund manager as adjustments may vary. There may also be funds that are currently non-tradable on the platform which may have fund adjustments.
We regularly monitor the execution of dealing instructions by our execution-only stockbrokers to make sure you get the best possible outcome. Details are available here:
The following terms provide a definition of the various actions that some fund managers may decide to take.
This is an explicit charge that fund managers may apply to specific client deals (usually when they’re individually or collectively large relative to the size of the fund) to cover the cost of buying and/or selling the underlying assets held by the fund.
A fund manager may impose a dilution levy to protect investors who’ll continue to hold shares/units in a fund from bearing costs incurred as a result of other investors choosing to sell their holdings in the fund.
A dilution levy is usually expressed as a percentage of the value of the deal.
A dilution levy differs from a dilution adjustment in that it's a separate, explicit charge that fund managers can choose to apply to specific client deals. See more about dilution adjustments below.
Discretionary fund managers and advisers with discretionary permissions are now required to provide quarterly client reporting. Clients must also be informed of depreciations in the value of their portfolio by 10% (and any subsequent 10%) within each reporting period.
Market corrections may be expected, and can even be a healthy function in normal markets.
The link below provides some reassurance messages which you might find useful when talking to clients about the impact of market volatility on their investments:
For more information on what's happening in global markets, you can read our monthly market review for advisers.
The information on this site is for qualified financial advisers and must not be relied on by anyone else. The value of your investments can go down as well as up and you may get back less than you paid in. If you are not an adviser please go to our customer website for more information about our products and services.