Tasmanian Perpetual Trustees Limited is now known as TPT Wealth Limited (TPT Wealth). To reflect our new brand, TPT Wealth has amended the name of the Fund to TPT Equity Fund (previously Tasmanian Perpetual Equity Fund).
The Fund is not open to new members. Existing members may make additional investments and reinvest distributions.
This list provides a brief guide to the key features of the TPT Equity Fund.
|Fund Name:||TPT Equity Fund|
|Major Asset Class:||Equities|
|Risk Level:||Moderate - High|
|Suggested Investment Timeframe*:||At least 5 years|
|Income Distribution Frequency:||Half-yearly|
|Redemption Period^:||7 business days|
|Redemption Cut-off Time:||3pm|
|Investment Objective:||To provide capital growth and a return of income through exposure to Australian and international shares|
|Return Type:||Income and Growth|
* This suggested time frame is based on TPT Wealth’s view about investing which may not be appropriate for you at all times or suit your particular needs. You should regularly review all aspects of your investments, preferably with the assistance of an adviser.
^ Except for a 21 business day period following each income distribution. Redemptions may be suspended by TPT Wealth provided the period of suspension does not exceed 30 days. Refer to page 31 of the Investment Growth Funds Product Disclosure Statement dated 2 December 2019 for more information.
Pages 6 to 22 of the Investment Growth Funds Product Disclosure Statement dated 2 December 2019 contain information about investing, a glossary of terms, an overview of the Australian Share Fund and the International Share Fund and details surrounding the underlying investment managers.
Investment Objective: The Equity Fund aims to provide investors with better than market average capital growth over the medium to long term including tax effective income, while prudently managing investment risks.
TPT Australian Share Fund: Allocation 71% Range 55-85%
TPT International Share Fund: Allocation 24% Range 15-40%
TPT At Call Fund: Allocation 5% Range 0-15%
Allocation Total 100%
Performance Benchmark: The performance of the Equity Fund is measured against a composite of the S&P ASX300 Accumulation Index, the MSCI Total Accumulated Return $AUD World Index ex-Australia and the read Bloomberg AusBond Bank Bill Index.
Refer to pages 24 to 38 of the Investment Growth Funds Product Disclosure Statement dated 4 November 2019 and any Continuous Disclosures for details on the operations of TPT funds. Information is provided on the following topics:
Level 2, 137 Harrington Street
Hobart TAS 7000
Client Relations team telephone
1300 138 044
9.00am to 5.00pm (AEST) Monday to Friday
TPT Wealth Limited recommends that you seek independent professional advice that takes into account your investment objectives, financial situation, particular needs and/or other personal circumstances, before deciding whether to acquire, or continue to hold the investment. TPT Wealth Limited, MyState Limited and MyState Bank Limited do not guarantee the repayment of capital or the performance of the Equity Fund or any particular rates of return from the Equity Fund. A fund investment is an equity investment in a managed investment fund, and is not a bank deposit. Accordingly, there is a higher risk of losing some or all of your money than is the case with a bank deposit. In respect of withdrawal periods, withdrawal rights and investment periods, please note that whilst we expect to meet redemption requests within the periods stated, these periods may be longer subject to the nature of the assets of the Fund, the Fund’s liquidity, the Fund’s constitution and the Law. For important information about Funds and the risks, please refer to the Investment Growth Funds Product Disclosure Statement dated 2 December 2019 which is available free of charge from our website at tptwealth.com.au.