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First Sentier Investors’ funds to transition RE from Colonial First State to The Trust Company

Media Release

Leading global investment manager, First Sentier Investors, today announced unit holders have voted in favour of a change in responsible entity (RE) for a number of funds from Colonial First State Investments Limited (Colonial First State) to The Trust Company (RE Services) Limited (The Trust Company).

The RE transition will become effective on 1 March 2021, and involves the funds listed below.

 Fund name  ARSN
 First Sentier Global Credit Fund  094 088 454
 Stewart Investors Global Emerging Markets Sustainability Fund  133 696 465
 First Sentier Premium Cash Enhanced Fund  095 107 618
 First Sentier Institutional Cash Fund  612 392 944
 First Sentier Global Listed Infrastructure Fund  157 876 134
 First Sentier Equity Income Fund  168 563 808
 Realindex Global Share Fund (Screened)  604 604 873
 FSSA Asian Growth Fund  604 604 622
 First Sentier Australian MidCap Fund  617 440 589
 FSSA Global Emerging Markets Focus Fund  610 729 005
 First Sentier Mortgage Backed Securities Fund  110 520 495
 Stewart Investors Global Emerging Markets Leaders Fund  104 184 894
 First Sentier Australian Small Companies Long Short Fund  614 165 776

 

The transition in RE follows First Sentier Investors’ change in ownership to Mitsubishi UFJ Trust and Banking Corporation, a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., in August 2019. Given the change in ownership, Colonial First State believed it was an appropriate time to retire as the RE of the funds.

Liz Hastilow, Managing Director, Australia and New Zealand at First Sentier Investors said: “First Sentier Investors’ strong investment and client servicing capabilities combined with The Trust Company’s depth of experience in fund compliance and governance will ensure our clients are well looked after. It is critical that our clients’ funds are well supported in every respect.”

Vicki Riggio, General Manager of Managed Funds Services at The Trust Company commented: “The Trust Company is proud to be appointed as the responsible entity for the First Sentier Investors funds following the result of the unit holders’ meeting today and to be working with an investment manager of the calibre of First Sentier Investors. As a leading, independent responsible entity supporting more than 70 Australian and international investment managers, we believe we are well positioned to oversee these funds. We look forward to working with First Sentier Investors.”

First Sentier Investors continues as investment manager of the funds.

Media enquiries

Rebecca Piercy, Co-Head of Communications
E: Rebecca.Piercy@firstsentier.com
M: +61 466 856 705

About The Trust Company

The Trust Company (RE Services) Limited is a wholly owned subsidiary of Perpetual Limited and part of Perpetual’s Corporate Trust division. Perpetual Limited (ASX:PPT) is an ASX-listed, diversified financial services company, which has been serving clients since 1886. Across our four businesses: Perpetual Asset Management Australia, Perpetual Asset Management International, Perpetual Corporate Trust and Perpetual Private, we protect and grow our clients’ wealth, knowing that by doing so we can make a difference in their lives.

Important information

This press release is intended for information only, aimed solely at the media and should not be further distributed to individual and/or corporate investors, and financial advisers and/or distributors. The information included within this document and any supplemental documentation provided should not be copied, reproduced or redistributed without the prior written consent of First Sentier Investors