How do you go about attending an AGM when you hold investment company shares on a platform? The AIC has asked the lang cat, a platform research firm, to compile the following information about how your platform can help you attend this important shareholder meeting. If you don’t see your provider listed below, we suggest you contact your provider directly and ask them to assist.
See also our information about how to vote your shares when you hold them on a platform.
|Can I attend investment company AGMs as an investor?||Is there a cost?||How can I arrange that?||How will I find out about investment company AGMs?||Additional information provided by the platform|
|AJ Bell Youinvest||Yes||No||For EGMs, you can vote online through your account. For AGMs, if you would like to vote or attend, you can send AJ Bell a secure message to let them know. If you'd like to vote, the secure message needs to confirm how you'd like to vote for each resolution. AJ Bell will then process the vote accordingly. If you would like to attend, the secure message just needs to confirm your request to attend. AJ Bell will then send you a letter of representation. AJ Bell needs at least five working days' notice for AGM requests.||When an EGM is called, AJ Bell will send you a secure message outlining the details, and how you can vote. For AGMs you can vote or attend – but AJ Bell won't send you a secure message notifying you in advance.||N/A|
|Barclays Smart Investor||Yes||No||The process for attending an AGM is the same as registering a vote. You log into your account online and confirm by secure message/or phone and complete the platform's security process if you would like to vote by proxy or attend the AGM/EGM in person. Alternatively, you can contact Barclays by phone, complete their security process and then let them know that you would like to vote by proxy or attend the AGM/EGM in person.||At present it is your responsibility as an investor to keep up to date with company meetings.||N/A|
|BestInvest||Yes||No||Bestinvest can facilitate both voting and attendance at shareholder meetings via its custodian (SEI) on request from the client either in writing (secure message, email or in writing) or by phone. If the client intends to attend a shareholder meeting in person, we will arrange for a proxy letter to be issued and sent either to their home address or for collection at the shareholder meeting. Our custodians require 6 working days’ notice to arrange this and the client will be required to provide a driving licence or passport number as proof of ID.||It is the responsibility of the investor to find out about shareholder meetings from company announcements and regulatory filings. (For resolutions on corporate actions that will have an impact on a client’s holding e.g. M&A or wind-up proposals, Bestinvest will proactively alert clients.)||N/A|
|Charles Stanley Direct||Yes||No||You need to email Charles Stanley before the meeting. Registrars set their own deadlines for voting/AGM attendance. As long as Charles Stanley has time to arrange AGM attendance, which is via an electronic system, it will do so. A minimum five working days’ notice is suggested. Charles Stanley arranges via its Corporate Actions team for you to attend the meeting, ahead of which you will be sent a confirmatory letter. When you turn up at an AGM, you will need to bring some form of ID, such as a driving licence or passport.||It is your responsibility as an investor to keep up to date with company meetings.||N/A|
|Fidelity Personal Investing||Yes||No||If you have opted into the Shareholder Rights Service, Broadridge, the platform's voting and information service will automatically notify you of any upcoming AGMs. If you hold a Fidelity investment trust on platform and you'd like to attend an AGM, you can notify Fidelity through the online service, or contact Client Services and the company secretaries will be notified.||It is the responsibility of the investor to keep up to date with company meetings.|
|Hargreaves Lansdown||Yes, clients can attend (and vote at) any meeting for shares that they hold.||No||You can give your instruction either over the telephone, via secure message, or by written instruction. Hargreaves Lansdown will send you a letter signed by two authorised signatories providing proof to the company/registrar at the meeting that you are a valid shareholder. There is no charge for this. Any client wishing to attend will need to notify Hargreaves Lansdown at least 5 days before the meeting. If there are fewer than 5 days until the meeting Hargreaves Lansdown may still be able to accommodate the client’s request.||AGMs are often detailed on the Investor Relations section of the company website. Due to the high volume of meetings taking place on a daily basis Hargreaves Lansdown is unable to inform clients of every meeting. Where a meeting is scheduled as a result of a Corporate Action Hargreaves Lansdown endeavours to include the meeting details within its Corporate Action mailings.||N/A|
|HSBC||Not disclosed||Not disclosed||Not disclosed||Not disclosed||Not disclosed|
|Interactive Investor||Yes||No||Customers can arrange AGM attendance via their account/voting mailbox and Interactive Investor can produce a letter addressed to the Registrar that the customer takes to the AGM. This names the customer as Interactive Investor's representative on the number of shares the customer holds. The customer can also elect a proxy to attend on their behalf if required. Notice of meeting attendance is usually 2 to 3 days as the letter is produced and posted to the customer as a ‘wet signature’ is required.||The Shareholder Voting & Information service is a free opt-in service that enables you to receive shareholder materials and vote on decisions directly affecting your UK-registered shareholdings. You will receive all relevant information via your online account and by email.|
|The Share Centre||Yes||No||To attend a shareholder meeting, go to 'Company meetings & voting' online, then ‘Companies I hold shares in’, click on ‘Details’ to the right of the meeting you’re interested in, and then follow the instructions. If you can’t find the meeting details you’re interested in or you’re unable to vote, please contact The Share Centre's shareholder rights team on email@example.com or 01296 41 46 80||It is your responsibility to keep up to date with details of upcoming meetings, but you can opt in to receive communications, which include notices of general meetings.||N/A|
Source: AIC/the lang cat (last update 09/01/20)