Important update to the Verbatim Multi-Asset and Multi-Index Portfolios

07 February 2020

Host Capital – the Authorised Corporate Director (ACD) for the Verbatim portfolios – was recently acquired by DMS Governance. As such, the fund names for the Verbatim range of Multi-Asset and Multi-Index portfolios will be updated to reflect the new name of our ACD. This update will be effective from the 07th February 2020.

Has Verbatim changed its ACD?

No, our ACD will remain the same.

Will the name change affect you and your clients?

No, the Verbatim fund names will be automatically updated, and the funds will remain available to access via a wide range of retail platforms.

Will the investment strategy or fund managers change?

No, the funds will continue to be risk managed by our existing appointed fund managers. Our independent Investment Committee will continue to oversee and monitor the Verbatim portfolios, to ensure their ongoing suitability.

How will this update impact locating and searching for the funds?

When searching for the Verbatim funds on various platforms or research tools, you may need to include in your search criteria the keyword ‘DMS’ in addition to ‘Verbatim’. Many systems run on sophisticated search functionality, however, additional search criteria may be required.

How will the fund names change?

Effective from the 07th February 2020, our portfolio names will be updated to the following:

 Current Fund Name

New Fund Name

HC Verbatim Portfolio 3 Growth Fund

DMS Verbatim Portfolio 3 Growth Fund

HC Verbatim Portfolio 4 Growth Fund

DMS Verbatim Portfolio 4 Growth Fund

HC Verbatim Portfolio 5 Growth Fund

DMS Verbatim Portfolio 5 Growth Fund

HC Verbatim Portfolio 5 Income Fund

DMS Verbatim Portfolio 5 Income Fund

HC Verbatim Portfolio 6 Growth Fund

DMS Verbatim Portfolio 6 Growth Fund

HC Verbatim Portfolio 7 Growth Fund

DMS Verbatim Portfolio 7 Growth Fund

HC Verbatim Multi-Index Portfolio 3 Fund

DMS Verbatim Multi-Index Portfolio 3 Fund

HC Verbatim Multi-Index Portfolio 4 Fund

DMS Verbatim Multi-Index Portfolio 4 Fund

HC Verbatim Multi-Index Portfolio 5 Fund

DMS Verbatim Multi-Index Portfolio 5 Fund

HC Verbatim Multi-Index Portfolio 6 Fund

DMS Verbatim Multi-Index Portfolio 6 Fund

        

Should you have any queries or concerns, please don’t hesitate to contact our support team on 0808 12 40 007 or email us at info@verbatim-am.co.uk