Yes, provided the Fund is open to new and top up investments you can make an additional investment of $1,000 or more.
Furthermore, once it becomes available, you may decide to participate in the Fund’s Automatic Investment Program (AIP), which will remain permanently open.
Automatic Investment Program (“AIP”)
Participating in the AIP is an opportunity to ‘automatically’ invest your savings into additional units in the Fund. It is an arrangement where you give the Responsible Entity authority to direct debit your nominated bank account for an agreed monthly amount, and have that money applied towards the purchase of new units in the Fund at the prevailing unit price. The monthly AIP amount is up to you to set, but the amount needs to be a minimum of $250, up to a maximum of $5,000. Your specified amount will be deducted from your participating financial institution account on the 21st day of each month (or next business day if the 21st falls on a public holiday or weekend). From 1 June 2024, the contribution fee on AIP investments was reduced to 0%. The Responsible Entity reserves the right to increase the contribution fee at a later date provided at least 30 days’ notice is provided of its intention to do so.
Find out more about the AIP, including the AIP Application Forms, here.
Distribution Reinvestment Plan (“DRP”)
A DRP is available that allows Investors to reinvest all their distributions to acquire additional units in the Fund, at a discount as determined by the Responsible Entity at its sole discretion of up to 5% of the unit issue price applicable to the date of the relevant distribution. To participate in the DRP, complete the relevant section of their application form or vary their participation in the DRP via the Fund’s Investor Portal . There is no contribution fee on units issued pursuant to the DRP.
If you would like to change your DRP election (to opt in, or out) please follow <these instructions>.