Summary Features
| Fund name | Third Link Growth Fund |
|---|---|
| Legal structure | The Fund is an unlisted unit trust, known as a managed investment scheme, which is registered with Australian Securities and Investments Commission (ASIC) under the Corporations Act 2001. |
| Commencement date | The Fund was created on 12 March 2008 and commenced accepting applications from 10 April 2008. |
| Investment manager | Third Link Investment Managers Pty Limited |
| Responsible entity | Fundhost Limited |
| Custodian and investment administrator | NAB Asset Services |
| Investment objective | The objective of the Fund is to provide an investment in Australian listed shares. The Fund aims to outperform the S&P/ASX 300 Accumulation Index after fees over rolling 5 year periods. The Fund extensively invests with professional third party investment managers through structures such as managed investment funds, individually managed accounts, managed discretionary accounts, advisory accounts, listed investment companies, or similar such arrangements. |
| Applications to invest | The minimum amount that can be invested is $20,000. This applies to initial applications and each subsequent application. Each application received is priced using the unit price struck at the end of the month during which the application was received. |
| Valuation of units | Units in the Fund are valued at the close of the last business day of each month. Such valuations will include an allowance of 0.25 per cent for transaction costs. Please click here for information on unit prices. |
| Withdrawals | Providing we receive a minimum of 10 clear business days advance notice, withdrawal requests will be processed using the unit price struck at the end of the month in which the request is received. Otherwise the request will be processed using the unit price struck at the end of the following month. The minimum amount that can be withdrawn is $20,000, or the balance of your account if it is less than $20,000. |
| Income distributions | Generally paid every six months, after the end of December and June. Distributions can be reinvested as additional units or paid to your bank account. |
| Fees and expenses | There are no entry fees or exit fees payable by investors. The ongoing fees and expenses paid from the Fund are:
All fees received by Third Link from managing the Fund’s investments, net of expenses incurred, go towards supporting various charitable organisations. |
| Commissions paid to financial intermediaries | Nil |