| Inception Date | 28/11/2008 |
| APIR Code | Not applicable |
| Status | Open |
| Investment Objective | This Fund aims to generate regular income distributions and potential capital gains over the medium to long terms. |
| Investment Strategy | The investment strategy of the Fund is to invest in, and actively manage, a diverse portfolio of domestic and global listed and unlisted Property Securities investments, as well as direct property assets. |
| Risk/Return Profile | Medium to High |
| Minimum Suggested Time Frame | 7 years |
| Investment Requirements | |
| Minimum Initial Investment | $10,000 |
| Minimum Additional Investment | $5,000 |
| Regular Savings Plan | No |
| Minimum Switch | Not applicable |
| Minimum Balance | $5,000 |
| Minimum Withdrawal | Investors have no withdrawal rights unless there is a withdrawal offer open for acceptance. |
| Distributions | |
| Income distribution frequency | Six-monthly |
| Payment options | Direct credit or reinvestment |
| Fees and Costs | |
| Establishment fee | Nil |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Termination fee | Nil |
| Management costs | 1.07125% p.a. |
| Buy / sell spreads | Nil |
This is a summary of the key features of the Joseph Palmer & Sons Property Fund. Please refer to the Product Disclosure Statement before making a decision about this product.
Unit prices are usually calculated regularly to reflect changes in accumulated income and market values. Each fund’s assets are revalued in accordance with its constitution. The prices shown below may differ from the actual unit price if you were applying for or redeeming an investment. Your actual unit price will be confirmed following any transactions on your investments.
Read our Unit Pricing Discretions Policy.
Distributions are the profit earned by the fund which is then paid to investors. Distributions are expressed as cents per unit, for example, if a distribution of 3 cents was paid and you hold 1000 units you will be paid a distribution of $30 (1000 x $0.03). Distributions can include different types of income including; dividends, interest and realised capital gains.
The unit price of the fund will fall by a corresponding amount when distribution is paid.
To view the latest distributions for the DDH Managed Funds please click here.
A yearly tax statement setting out the taxation components of that years distribution will be issued to unit holders following completion of the fund taxation calculations for each financial year.
| Application Form | Apply to invest funds in Joseph Palmer & Sons |
| Authorised Representative Form | Appoint an authorised representative for your account |
| Change of Details Form | Change your personal account details |
| Tax File Number Notification Form | Notify us of your TFN |
| Transfer Form | Transfer investment holdings to another individual or entity |
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