Notice of Termination

Notice of Termination: Pendal Total Return Fund (APIR: RFA0108AU, ARSN: 092 178 704)

The Pendal Total Return Fund (Fund) will terminate effective Thursday, 16 September 2021.

As an existing investor in the Fund, you are affected by this decision. 

Why is the Fund being terminated?

We consider that it is in the best interest of investors to terminate the Fund as we are no longer able to efficiently manage the Fund in accordance with its investment objective and investment strategy. We also consider that the Fund has little prospect of significant growth in funds under management in the foreseeable future.

How this affects you?

We will terminate the Fund on Thursday, 16 September 2021 and as soon as practicable, we will begin winding up the Fund. The assets remaining in the Fund will be realised and the proceeds distributed to all investors in proportion to their unit holding.

Applications, transfers or withdrawal requests received after 2:00pm (Sydney time) on Wednesday, 15 September 2021 will not be accepted.

What does this mean for you?

The cash proceeds from the termination of the Fund will be paid directly to your nominated bank account on or around Friday, 1 October 2021.

If there is a final distribution for the Fund, this will be paid directly to your nominated bank account prior to the cash proceeds from the termination. The details of the final distribution will be included in your December quarterly statement. 

You will also receive an annual tax statement following the end of the financial year during July/August 2022.

Questions?  

If you have any questions, please contact our Investor Relations Team during business hours on 1300 346 821.