UL to UL.1^94

The UL ticker for Unilever is acting funny this morning. In my live port it has been changed from UL to UL.1^94 and the port is asking that I sell it (because NO DATA) and replace it with UN.

I don’t see any evidence of any change to the ticker in Fidelity.

You guys have any idea what might be going on here?

Looks like they are consolidating to a single company financials with two different stocks, UN & UL.

The old company financials , which has data till 6/30/19, are still there but they are attached to a stock that only has prices till 1993. Which makes no sense.

We’re asking S&P.

Thanks

Any updates on this? The UL ticker has completely disappeared from the Holdings list in my ports. There is no record of a SELL transaction only a BUY.

S&P made UL a non primary stock of UN, all under the same finanacials. It’s a bit of a mess; their historical database probably doesn’t support this change of heart. They left behind financials that belonged to UL, and not sure they are going to re-state the entire history of UN. In other words they broke point in time rules and I don’t think they’ll do anything about it.

You should have ended up still owning the non-primary UL stocks which will generate a sell every time you rebalance because non-primary stocks are not handled in the engine. We’ll investigate. Thanks

okay thanks… please let me know what steps I need to take to correct the port when you guys figure it out.

PLease check now. UL should be back in the holdings

it’s back… Thanks!

Is there a possible solution to the constant sell recommendation? Should I swap UL for UN in the P123 Portfolio?

Replacing UL for UN is best. Looks like it’s about the same price.

Is this a real money strategy and is the account linked to P123?

real money, but not linked… i import the transactions from Fidelity manually