Redemption and Consolidation of Units
- 11-14-2018
Under Clauses 8.5 and 10.7 of the Trust's Constitution, the Board determined to redeem all of the units in the Fund by the payment in cash of 62c per unit on 14 November 2018.
Under Clause 2.8 of the Trust's Constitution, the Board resolved to consolidate the unit holding of members by reducing, pro rata, the number of units by 62%.
As all units in the Fund have been redeemed by the payment in cash of 62c per unit on 14 November 2018, all units issued after consolidation have been cancelled.
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