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Managed investment news & updates

Keep up to date on our managed investment options for MLC Wrap, MLC Navigator (and associated alliances) and MLC MasterKey, by referring to the below updates or the investment manager’s websites.

The managers of these illiquid managed investments offer the redemption or withdrawal of investors’ units during specified periods.

 

 

Investment

 

APIR

 

Product(s)

Our paper-based submission due date (by 3pm AEST/AEDT)

Our n-link> submission due date (by 5pm AEST/AEDT)

Withdrawal details / investment manager’s submission due date

Charter Hall Direct Office Funds (Retail and Wholesale)

MAQ0433AU
MAQ0448AU

MLC Navigator* and MLC Wrap

4 business days before manager close date

2 business days before manager close date

Available adhoc.

Recurring sell of illiquid investments: To enable you to have quicker access to any holdings you may have in illiquid investments, from 1 September 2014 if you have illiquid investments in our Super and Pension products, you’ll automatically be enrolled in all withdrawal offers unless you opt out of the recurring sell instruction we've set for you. This means any money released will be automatically added to your cash account.  You can opt out of the recurring sell at any time by phone or in writing. Your adviser can also do this on your behalf.

Small balances: When making a withdrawal offer, some fund managers apply a minimum withdrawal amount for direct investors. If the account balance is below that amount, the full amount will be redeemed. As clients' holdings are held via the platform, these minimums do not apply. Every withdrawal request will be treated consistently and remain subject to the scale back set by fund managers. This now also applies to clients with illiquid fund balances under $500.

*MLC Navigator and associated alliances if applicable.

> n-link is for use by advisers only.