Change of name of Aberdeen Standard Liquidity Fund (Lux)
We have received notification from Aberdeen Standard Liquidity Fund (Lux) (the “Company") of a change to it's name, which will take effect 16 October 2023 (the “Effective Date”)
SUMMARY OF CHANGES
As of the Effective Date , the Company will be changing the name of the Company from Aberdeen Standard Liquidity Fund (Lux) to abrdn Liquidity Fund (Lux) which will include multiple sub-funds.
BACKGROUND TO CHANGES
The Company’s funds are part of the asset management business of Standard Life Aberdeen plc, who on 5 July 2021 changed its name to abrdn plc. Since then, the business has been gradually adopting the new name and branding across its fund ranges. The Board of Directors of the Company has now decided to amend the current name of the Company and its funds in line with the new abrdn branding.
The name change will have no impact to the investment objective, investment strategy or risk factors of the funds.
FUNDS AFFECTED
| ISIN | Name of fund before Effective Date | Name of fund after Effective Date |
|---|---|---|
| LU0090865873 | Aberdeen Standard Liquidity (Lux) EUR A2 Acc | abrdn Liquidity (Lux) EUR A2 Acc |
| LU0049015760 | Aberdeen Standard Liquidity (Lux) GBP A2 Acc | abrdn Liquidity (Lux) GBP A2 Acc |
| LU0049014870 | Aberdeen Standard Liquidity (Lux) USD A2 Acc | abrdn Liquidity (Lux) USD A2 Acc |
For further information please see Aberdeen Notification One opposite.
Changes to Aberdeen Standard Liquidity Fund (Lux) -Euro
The Company will be converting the Aberdeen Standard Liquidity Fund (Lux)- Euro Fund from a Variable Net Asset Value MMF to a Low Volatility Net Asset Value MMF. The Aberdeen Standard Liquidity Fund (Lux)- Euro Fund was categorised in January 2019 to Variable Net Asset Value (short Term) MMF. This was due to a number of factors, predominantly being the current positive interest rate environment for fixed and floating Euro denominated money market instruments and deposits with credit institutions. As of the Effective date, the fund will convert to a Low Volatility New Asset Value (Short Term) MMF. With the fund converting to a Low Volatility New Asset Value the dealing cut off and valuation point will change from 13:00 CET to 14:00 CET.
for further information please see Aberdeen Notification Two opposite.
AVAILABLE IN OUR DEFINED FUND RANGE PRODUCTS
Lifeplan, ,Oracle, Quantum and Regular Savings Plan (Including Malaysia variants), Kudos, Paragon and Protected Lifestyle.
For more information regarding abrdn Standard Liquidity Funds (Lux) visit https://www.abrdn.com/en-gb