The Contribution Fee is levied to reimburse the Responsible Entity for its time and expertise in making this investment possible.
It is paid once per investment made, expect under the Fund’s Distribution Reinvestment Plan where it is not charged. It is deducted from an investor’s investment amount with the balance issued as units at the prevailing unit issue price.
Important discussion about the Fund’s contribution fee is included in Section 8 of the Fund’s Product Disclosure Statement, and a summary is provided below:
For US Fund Investors
Those with an investment in those who were investors in the Passive Income (USA Commercial Property) Fund (“US Fund”) as at 14 August 2023, and who will be making an investment in the Fund in the same name.
Contribution fee on investments arising from:
- Reinvested US Fund distributions: 0%
Contribution fee on other investments made:
- Before the latter of 30 September 2023 and the date the minimum subscription is achieved: 0%
- After the latter of 1 October 2023 and the date minimum subscription was achieved: 2.2%
For Everyone Else
Contribution fee on investments made:
- Before the latter of 30 September 2023 and the date the minimum subscription is achieved: 1.1%
- After the latter of 1 October 2023 and the date minimum subscription was achieved: 2.2%