Joseph Palmer & Sons Property Trust
The Joseph Palmer & Sons Property Fund (‘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
| Application Form | Apply to invest funds in Joseph Palmer & Sons |
| Additional Application Form | Apply to invest additional 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 |
Joseph Palmer & Sons
The Investment Manager, Joseph Palmer & Sons, is an experienced investment management, stockbroking and financial advisory firm. Established in 1872, Joseph Palmer & Sons has over $500 million in investment assets under management or administration. The firm is Australia’s oldest family-owned financial services business and holds Australian financial services licence no. 247067. Founded and 100% owned by the Palmer family, Joseph Palmer & Sons is directly involved in and responsible for driving the performance of the Fund.
Investors benefit from the extensive experience of Joseph Palmer & Sons’ partners and executives in investment funds management. Joseph Palmer & Sons has experience in most facets of the Australian investment and financial markets. The firm provides investment advice to individuals, corporations and institutions; and manages funds for more than 100 clients. Joseph Palmer & Sons’ funds management operation encompasses all major asset classes, including shares, fixed interest and property.
Fund Facts
| 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 term. |
| 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 |
| Suggested minimum time horizon | 7 years |
| Investment Requirements | |
| Minimum initial investment | $10,000 |
| Minimum additional investment | $5,000 |
| Regular savings plan | No |
| Distributions | |
| Income distribution frequency | Half-yearly |
| Payment options | Direct credit or reinvestment |
| Fees & Costs | |
| Establishment fee | Nil |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Termination fee | Nil |
| Management costs | 1.07125% per annum |
| Buy/sell spreads | Nil |
This is a summary of the key features of the Fund. Please refer to the Product Disclosure Statement before making a decision about this product.
Unit Prices
Unit prices are usually calculated daily to reflect changes in accumulated income and market values. Each Fund’s assets are revalued in accordance with its constitution. The prices shown above 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.
For more information on unit pricing, please refer to Our Policies.
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 amount and timing of distributions will vary from period to period. Investors should be aware that there may be periods in which no distribution is made.
The unit price of the Fund will fall by a corresponding amount when the distribution is paid.
To view the latest distributions for the DDH Managed Funds please click here.
Distribution Tax Components
To view the distribution component information for funds managed by DDH Graham Limited, please click here.
Please note that these distribution tax components provide general information only and do not take into account your individual taxation or financial objectives, situation or needs. You should not rely on this information for the purposes of completing your income tax returns.