If you wish to invest, please complete the accompanying Application Form and forward it to the Administrator, at the address details shown in the Application Form.
All applicants must satisfy the requirements for a “wholesale client” under the Corporations Act. The Trustee reserves the right to reject any application for Units. Refer to the Application Form for more details.
Cleared funds must be electronically transferred into the relevant bank account details (set out below) no later than 5:00 pm (Sydney time) at least two (2) Business Days' prior to the relevant Subscription Day (or such earlier or later time as the Trustee may determine). The Application Form must also be received by the Administrator no later than 5:00 pm (Sydney time) at least two (2) Business Days' prior to the relevant Subscription Day (or such earlier or later time as the Trustee may determine).
The bank account details for application purposes are as follows:
Please note: Funds must be transferred from a bank account in the name of the applicant(s) as appears in the registration details on the Application Form. The Administrator will only accept transfers in Australian Dollars unless the Trustee (in consultation with the Investment Manager) agrees otherwise. No third party payments will be permitted.
An executed version of the application form may be e-mailed to the Administrator at registry@msc.group .
Early applications are recommended to ensure the deadlines are met, as applications received after these cut off times for any particular Subscription Day may be processed at the next relevant Subscription Day. Applicants will not earn any interest on unallocated application monies.
Subsequent additional investments may be made by completing the Additional Investment Application Form (available from the Administrator) and sending this to the Administrator as above.
Applications will generally be processed on the Subscription Day. The application price will be the Unit price as at the immediately preceding Valuation Day. Please refer to Section 6.5 and 7 for further details regarding application prices and Fund/Unit valuation.
The Trustee has the discretion to accept or reject (in whole or in part) any application received. By sending a completed Application Form and application monies to the Administrator, you are making an offer to become a Unitholder and you are agreeing to be legally bound by the terms of this Information Memorandum and the Trust Deed.
Investors eligible to invest in the Fund are not entitled to cooling-off rights.