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Mainstream Online Web Portal
LoginInvestors can view their accounts online via a secure web portal. After registering, you can access your account balances, periodical statements, tax statements, transaction histories and distribution statements / details.
Advisers will also have access to view their clients’ accounts online via the secure web portal.
Changes to Pendal Funds Buy-Sell Spreads
February 14, 2025
Effective 14 February 2025 the buy-sell spreads for the following funds have decreased.
| Fund Name | Old (%) | New (%) | Total Change (%) | ||||
| Buy | Sell | Total | Buy | Sell | Total | Total | |
| Pendal Australian Equity Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | –0.06% |
| Pendal Australian Long/Short Fund | 0.35% | 0.35% | 0.70% | 0.32% | 0.32% | 0.64% | -0.06% |
| Pendal Australian Share Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | -0.06% |
| Pendal Focus Australian Equities Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | -0.06% |
| Pendal Focus Australian Share Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | -0.06% |
| Pendal Horizon Sustainable Australian Share Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | -0.06% |
| Pendal Imputation Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | -0.06% |
| Pendal MicroCap Opportunities Fund | 0.60% | 0.60% | 1.20% | 0.55% | 0.55% | 1.10% | -0.10% |
| Pendal Sustainable Australian Share Fund | 0.25% | 0.25% | 0.50% | 0.22% | 0.22% | 0.44% | -0.06% |
More about buy-sell spreads
The buy-sell spread is an additional cost to you and is generally incurred whenever you invest in or withdraw from a fund. The buy-sell spread is retained by the fund (it is not a fee paid to us) and represents a contribution to the transaction costs incurred by the fund such as brokerage and stamp duty, when the fund is purchasing and selling assets.
The buy-sell spread also reflects the market impact of buying and selling the underlying securities in the market. Importantly, the buy-sell spread helps to ensure different unit holders are being treated fairly by attributing the costs of trading securities to those unit holders who are buying and selling units in the fund.
Each Fund’s buy-sell spread will decrease to reflect a reduction in the Fund’s transaction costs.
As transaction costs may change depending on various factors such as market conditions and brokerage costs, buy-sell spreads may change. You should therefore review current buy-sell spread information before making a decision to invest or withdraw from a Fund.
For the latest buy-sell spread for each Fund, please refer to our website www.pendalgroup.com and click ‘Products’ and refer to the Important Information section.
This document has been prepared by Pendal Fund Services Limited (Pendal) ABN 13 161 249 332, AFSL No: 431426 and the information is current as at the date of this document. Pendal is the responsible entity and issuer of units in each fund listed in this document (Fund). A Product Disclosure Statement (PDS), together with a Target Market Determination, is available for the Fund and can be obtained by calling us or visiting www.pendalgroup.com. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of units in the Fund. An investment in the Fund is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested.
This information been prepared without taking into account any recipient’s personal objectives, financial situation or needs. Because of this, recipients should, before acting on this information, consider its appropriateness having regard to their individual objectives, financial situation and needs. This information is not to be regarded as a securities recommendation.
This information is for general information only and should not be considered as a comprehensive statement on any of the matters described and should not be relied upon as such. Neither Pendal, Perpetual Limited nor any of its’ subsidiaries gives any warranty for the accuracy, reliability or completeness of the information in this document or otherwise endorses or accepts responsibility for this information. Except where contrary to law, Pendal intends by this notice to exclude all liability for this material.
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