Joseph Palmer & Sons Property Trust

The Joseph Palmer & Sons Property Fund is an unlisted unit trust established with a mandate to invest in Australian direct property assets, as well as domestic and global listed property securities. The Fund is designed for investors seeking regular income distributions and potential for capital growth over the medium to long term.

Key features:

  • Minimum investment of $10,000
  • Semi-annual distributions
  • Monthly unit pricing
  • Fund Facts

    Inception Date28/11/2008
    APIR CodeNot applicable
    StatusOpen
    Investment Objective This Fund aims to generate regular income distributions and potential capital gains over the medium to long terms.
    Investment StrategyThe 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 ProfileMedium to High
    Minimum Suggested Time Frame7 years
    Investment Requirements
    Minimum Initial Investment$10,000
    Minimum Additional Investment$5,000
    Regular Savings PlanNo
    Minimum SwitchNot applicable
    Minimum Balance$5,000
    Minimum WithdrawalInvestors have no withdrawal rights unless there is a withdrawal offer open for acceptance.
    Distributions
    Income distribution frequencySix-monthly
    Payment optionsDirect credit or reinvestment
    Fees and Costs
    Establishment feeNil
    Contribution feeNil
    Withdrawal feeNil
    Termination fee Nil
    Management costs 1.07125% p.a.
    Buy / sell spreadsNil

    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

    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

    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.

    Distribution tax components

    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.

     

  • Fund Forms

    Application FormApply to invest funds in Joseph Palmer & Sons
    Authorised Representative FormAppoint an authorised representative for your account
    Change of Details FormChange your personal account details
    Tax File Number Notification FormNotify us of your TFN
    Transfer FormTransfer investment holdings to another individual or entity