Important Notice to Investors – Constitution amendments

Pendal Fund Services Limited has amended the constitutions of a number of funds to facilitate the operation of each fund as an Attribution Managed Investment Trust (AMIT) under the AMIT regime.

A copy of the Notice is available here.

2020 Financial Year End

June 2020 Quarterly Distributions

The distribution payments (paid to the nominated bank account or re-invested) for funds distributing this quarter (June 2020) are expected to be processed between 2 July 2020 and 16 July 2020.

Pendal quarterly and annual investment statements (consolidated statements) are expected to be mailed from the week commencing 27 July 2020.

Please note that consolidated statements for funds which have investments with external managers are expected to be mailed from the week commencing 10 August 2020.

2019-20 Tax Statements

If the fund in which you hold an investment has paid a distribution during the financial year (1 July 2019 – 30 June 2020) we will provide you with an annual Pendal tax statement detailing tax information required to complete your 2019 – 2020 tax return.

Pendal tax statements are expected to be mailed from the week commencing 27 July 2020, including statements for funds which have investments with external managers.

Pendal Tax Statement Guide
Pendal myTax Guide

2019-2020 Capital Gains Tax Statements

If you have withdrawn or exited from your Pendal investment during the financial year (1 July 2019 – 30 June 2020) you may receive a Pendal capital gains tax statement. This will provide information which may assist you in completing your 2019– 2020 tax return.

Pendal capital gains tax statements are expected to be mailed from the week commencing 27 July 2020.

Please note that Pendal capital gains tax statements for funds which have investments with external managers will be mailed from the week commencing 10 August 2020.

Pendal Capital Gains Tax Statement Guide

Processing delays

For certain Pendal investment products there will be a delay in calculating and publishing entry and exit prices over the year end period to allow for the processing of 30 June distributions. This will in turn delay the processing of applications and withdrawals. We anticipate that prices for most Pendal investment products will be up to date by 20 July 2020.

Please note that this delay will not affect the unit price that investors will receive for transactions they make during this period (i.e. all valid transactions received before the relevant cut-off time will continue to be processed using the entry and exit prices calculated for that business day, once the prices are available).

We will update you via this website should any of the dates shown above change.

Management Costs and RG97 Fees and Costs 

We expect Financial Year 2020 management costs and RG97 fees and costs to be available from late September 2020.