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Phoenix Unit Trust Managers Settlement Period Change

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Phoenix Unit Trust Managers are changing the creation settlement period from T+3 to T+4 to align with the cancellation settlement period with effect from Tuesday 24 January 2017.   

   

This change will enable clients an additional day to deposit settlement proceeds for their investment.   

   

Any deals placed after the VP on Monday 23 January 2017 will be settled within 4 business days


Please click here for a list of affected funds.

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