Additional Information
Additional Information
Monthly reports and statements will be provided to Unitholders.
Distribution statements will be provided to Unitholders following each annual distribution.
Following the end of the financial year on 30 June, Unitholders will receive access to an audited financial report for the Fund and have access to an annual tax statement. This information will be provided no later than 31 October of that year.
All reports and statements will be provided electronically.
To the extent permitted by the Trust Deed and law, the Trustee, as trustee, is indemnified from the Trust against any claim, action or damage, loss, liability, cost, expense or payment which it incurs or is liable for.
The Trust is a unit trust and an unregistered managed investment scheme for the purposes of the Corporations Act. Each Unit gives the holder an undivided beneficial interest in the assets of the Trust. However, a Unit does not entitle the holder to have any of the assets of the Trust transferred to them or to interfere with any of the Trustee’s or Investment Manager’s rights or powers.
The Fund will terminate on the first to occur of the following dates:
- as and when required by law or the Trust Deed, including if wound up pursuant to the order of a court; or
- the date specified by the Trustee as the date that the Fund is to terminate in a notice given to Unitholders.
The Trust Deed seeks to limit the liability of Unitholders to the price paid or agreed to be paid for a Unit. The Trust Deed provides that a Unitholder need not indemnify the Trustee if there is a deficiency in the net assets of the Fund. The Trustee's right of recourse, and that of any creditor, is limited to the assets of the Fund.
