Can trades be made between different asset classes?
Online – Yes, under the following circumstances: • Movements between asset classes must be directed via the relevant Control Account and as a result, requires a two stage process. Firstly, a sale of the existing asset holding and then the purchase of the new asset(s). • Trading between both Scottish Widows Pension funds and Fund Supermarket funds online is possible, using the above two stage process. • The sale of Discretionary Fund Management and Commercial Property assets will always be completed offline, as wet signatures are required. The available balance in the Control Account(s) can then be used to purchase other assets. If the proceeds are used to purchase units or shares in Scottish Widows Pension funds or Fund Supermarket funds, the purchase can be completed online. If Commercial Property or DFM investments are being purchased then the transaction must remain offline. Written requests – Yes. As above, Scottish Widows would complete these requests as a two-stage process howeve
