Managed Investments

July 17, 2020

Rates explained

An analysis on current RBA cash rates and considerations by our Senior Investment Manager when assessing the current fund portfolios.
July 7, 2020

Change of Management Fee – TPT At Call Fund

This notice advises investors of a temporary 25 basis point rebate on the management fee for the TPT At Call Fund (ARSN 093 458 336) from 1.00% p.a. (+ GST) to 0.75% p.a. (+ GST) which is effective from 25 May 2020 for a period of 90 days.

WHAT IS A MANAGED INVESTMENT FUND?


A managed fund pools together the money of many investors. This pool of money is then invested for each Fund in the asset classes determined by the established investment objectives.

All investments involve some degree of investment risk. Please read the Product Disclosure Statement (PDS) and all other disclosure documentation for detail on risks and other vital information.

Cash and income funds

Aiming for capital stability and consistent investment returns


Cash funds (TPT At Call Fund) and income funds (TPT Select Mortgage, TPT Fixed Term and TPT Long Term Funds) invest in a range of assets including bonds, short-term money markets and mortgages. They aim to provide investors with stability while delivering monthly variable returns and are intended for short to medium term investors looking to generate an income from a diversified portfolio.

TPT At Call Fund

Minimum Term: None
Minimum Balance: $1000
1 Year Performance1: 0.47%
Redemption period: Subject to the Fund’s liquidity, TPT Wealth expects to pay redemption requests on the same business day if the request is received before 3pm3

TPT Select Mortgage Fund

Minimum Term: 1 year
Minimum Balance: $25,000
1 Year Performance1: 2.35%
Redemption period: Subject to the Fund’s liquidity, where the Fund can meet redemption requests within 7 business days, it will do so after the initial 12 month period. However, TPT Wealth is required to pay redemption requests within 60 days as per the Fund’s Constitution.2

TPT Fixed Term Fund

Minimum Term: 6 months
Minimum Balance: $5,000
1 Year Performance1: 2.18%
Redemption period: Subject to the Fund’s liquidity, where the Fund can meet redemption requests within 7 business days, it will do so after the initial 6 month period. However, TPT Wealth is required to pay redemption requests within 180 days as per the Fund’s Constitution. 2

TPT Long Term Fund

Minimum Term: 9 months
Minimum Balance: $5,000
1 Year Performance1: 2.25%
Redemption period: Subject to the Fund’s liquidity, where the Fund can meet redemption requests within 7 business days, it will do so after the initial 9 month period. However, TPT Wealth is required to pay redemption requests within 90 days for investments up to $1,000,000 and 180 days for investments over $1,000,000 as per the Fund’s Constitution.2

Growth funds

Potential for higher average investment returns over the long term.


Growth funds (TPT Australian Share, TPT International Share, TPT Diversified Property and TPT Balanced Funds) invest in a range of assets including property as well as Australian and international shares. While short term ups and downs are part of the funds’ performance, they seek to deliver higher average investment returns over a longer period, giving you more confidence in your wealth management. These are intended for long-term investors.

TPT Australian Share Fund

1 Year Performance1: -19.40%
3 Year Performance1: -5.17%
5 Year Performance1: -1.31%

TPT International Share Fund

1 Year Performance1: -0.52%
3 Year Performance1: 5.95%
5 Year Performance1: 5.37%

TPT Diversified Property Fund

1 Year Performance1: -19.05%
3 Year Performance1: -0.42%
5 Year Performance1: 1.77%

TPT Balanced Fund

1 Year Performance1: -5.13%
3 Year Performance1: 1.62%
5 Year Performance1: 2.37%

Disclaimers – please read.

Neither TPT Wealth, nor MyState Limited or MyState Bank guarantee the repayment of capital or the performance of the TPT Wealth Funds or any particular rates of return from the TPT Wealth Funds. Investments in the Income Funds are not deposits or other liabilities of MyState Limited or MyState Bank and investment products are subject to investment risks such as loss of income and/or invested capital.

This website contains information that’s intended to be general in nature and which has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. It is essential that you obtain and read the relevant Product Disclosure Statements (PDS) and other disclosure documents including Financial Services Guide, Privacy Policy, Benchmark Disclosure Reporting and continuous disclosures, and you consider seeking independent professional financial, legal and taxation advice before making any financial decisions in relation to these products or services.

1 Average annualised returns for periods ended 30/06/20 for Cash and Income Funds, and 31/03/20 for Growth Funds. Performance is quoted per annum after fees. These returns assume reinvestment of income and applicable net-realised capital gains over 12 months. Past performance is not a reliable indicator of future performance. There is a risk that an investment will achieve lower than expected returns. An investment in the TPT At Call Fund or TPT Fixed Term, TPT Long Term and TPT Select Mortgage Funds is an investment in a managed investment scheme, and is not a bank deposit. Accordingly there is a higher risk of losing some or all of your investment than is the case with a bank deposit. It is essential that you obtain and read the Fund’s PDS before deciding whether to acquire, or continue to hold an investment.

2 Whilst TPT Wealth expects the Fund to be liquid, should the Fund become illiquid, interest holders will only be able to make redemption requests pursuant to a redemption offer made by the Responsible Entity in accordance with the Act.

3 Under normal market conditions, TPT Wealth would not expect the Fund to become illiquid, however, if the Fund does become illiquid, TPT Wealth must carry out redemption requests in accordance with the Corporations Act and the Constitution of the Fund, which could include temporary suspension of redemption of up to 30 days;

How Managed Funds work


We combine the money from many individual investors into one large pool of funds. Our fund managers then invest these funds into assets that are not often available to smaller, individual investors. Many high performing assets are only available to institutional investors and often require large sums of money to invest initially.

Why TPT Wealth?


We have a strong track record of managing investments on behalf of our clients for over 40 years. Just one of the reasons why: ‘we are the long game’. Plus, we have a team of skilled investment specialists so you don’t need to spend time researching yourself – we do all of the hard work for you.

WHY INVEST IN A MANAGED FUND


Managed Investment Funds are an option for both experienced investors and also those who are dipping their toe in the water and just starting out. Income funds aim at providing investment returns at competitive variable rates while generating income paid monthly in the form of a distribution to the investors. Growth funds seek potentially higher average investment returns over the long term.

However, it is vital that you understand the risks associated with Managed Investment Funds, as they are not like a bank deposit or term deposit and have a completely different risk profile. It is essential that you read the relevant Product Disclosure Statement PDS as well as other documentation before deciding to invest.

WE'RE HERE TO HELP


1300 138 044
9-5 Monday to Friday
info@tptwealth.com.au
We reply within 1 business day

Devonport
53 Best Street
Hobart
137 Harrington Street
Launceston
Level 1, 113 Cimitiere Street

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