Notice of Termination – BT Australian Share PST
14 June 2017
Notice of Termination: BT Australian Share PST (ABN: 40 573 184 010)
The BT Australian Share PST (Fund) will terminate effective Wednesday, 20 September 2017 following the required notice period set out in the trust deed of the Fund.
The Fund will be closed to any further investments or withdrawals from 14 June 2017. To allow us to make any final tax adjustments proportionally, investors will not be able to access their investment until termination is completed.
The Fund will terminate effective Wednesday 20 September 2017 and as soon as practicable, the remaining assets in the Fund will be realised and the proceeds distributed to all investors in proportion to their unit holding. This payment is currently expected to be made in early October 2017.
A letter has been sent to existing investors and advisers with clients invested in the Fund providing additional information regarding the termination.
This article has been prepared by Pendal Fund Services Limited (PFSL) ABN 13 161 249 332, AFSL No 431426 and the information contained within is current as at July 12, 2017. It is not to be published, or otherwise made available to any person other than the party to whom it is provided.
This article is for general information purposes only, should not be considered as a comprehensive statement on any matter and should not be relied upon as such. It has been prepared without taking into account any recipient’s personal objectives, financial situation or needs. Because of this, recipients should, before acting on this information, consider its appropriateness having regard to their individual objectives, financial situation and needs. This information is not to be regarded as a securities recommendation.
The information in this article may contain material provided by third parties, is given in good faith and has been derived from sources believed to be accurate as at its issue date. While such material is published with necessary permission, and while all reasonable care has been taken to ensure that the information in this article is complete and correct, to the maximum extent permitted by law neither PFSL nor any company in the Pendal group accepts any responsibility or liability for the accuracy or completeness of this information.
Any projections contained in this article are predictive and should not be relied upon when making an investment decision or recommendation. While we have used every effort to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The actual results may differ materially from these projections.