Introduction Luxembourg fund range Developments
In 2009, ING IM announced its intention to outsource the funds administration, custody and transfer agent functions of its Luxembourg fund range to Brown Brothers Harriman (“BBH”) in order to offer its fund shareholders a best in class operational environment.
In May 2010, we are at a point where the migration project will be progressively implemented and where the shareholders notices and prospectus’ will be communicated after approval by the relevant regulators and authorities.
All available information is built up around the following initiatives and information:
An introduction into ING IM and its Luxembourg platform;
A short presentation of BBH as new global service provider to ING IM with regards to the Luxembourg fund range and the array of services it will deliver;
Frequently asked questions (FAQ) and practical help and general guidelines are provided so that you have good understanding of the actions you may need to take to benefit optimally from our enhancements.
We apologize for the inconvenience that this may create for you and your organisation and would like to point to your attention the main following actions required on the Fund Administration change, on the Transfer Agent change, on the NAV date concept and on the cut off time change for our Asian funds.
Due to the generic nature of the overview presented, your individual situation may differ – sometimes substantially – from the description in the brochure. You are therefore kindly encouraged to contact your Account or Servicing Manager to check the potential implications for your processes, information flow and procedures.
For professional investors only
About EMD Strategy & Outlook Q2