These Funds aim at generating income paid monthly to investors in the form of a distribution. Whilst there are defined and explained risks, each Fund implements a diversified investment strategy and offers a variety of features and benefits to suit your personal or business needs. For vital information about these funds and their risks, it is essential that you read the relevant Fund’s Product Disclosure Statement (PDS) and all other disclosure documentation, such as the relevant Ongoing Benchmark Disclosures and Fund Quarterly Report.
To reflect our new brand, TPT Wealth has changed the names of the Income Funds, and released a new Product Disclosure Statement (PDS) dated 2 December 2019.
CASH AND INCOME FUNDS AT TPT WEALTH
If you're looking to invest with a short, medium or long term outlook while still having access to your money, consider these investment options:
|Cash Fund||Income Funds|
|TPT At Call Fund||TPT Fixed Term Fund||TPT Long Term Fund||TPT Select Mortgage Fund|
|1 year performance1||0.68% p.a||2.34% p.a||2.38% p.a||2.46% p.a|
|3 year performance1||1.24% p.a||2.79% p.a||2.78% p.a||2.91% p.a|
|5 year performance1||1.47% p.a||2.96% p.a||2.99% p.a||3.04% p.a|
|Major Asset Class||Cash||Mortgages||Mortgages||Mortgages|
|Suggested investment timeframes||-||At least 6 months||At least 9 months||At least 12 months|
|Income Distribution Frequency||Monthly||Monthly||Monthly||Monthly|
|Minimum Investment and Minimum Balance||$1000||$5000||$5000||$25000|
|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 3pm.**||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.*||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.*||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.*|
|Redemption Cut-off Time||3pm||3pm||3pm||3pm|
|Investment return objective (Full description see relevant page in the PDS)||To provide investors with a total return (before management costs) equivalent to the Bloomberg AusBond Bank Bill (Benchmark) when measured over rolling 12 month periods.||The Fund’s return benchmark is to outperform the Bloomberg AusBond Bank Bill Index net of fees.||The Fund’s return benchmark is to outperform the Bloomberg AusBond Bank Bill Index net of fees.||The Fund’s return benchmark is to outperform the Bloomberg AusBond Bank Bill Index net of fees.|
|Return Type||Income Only||Income Only||Income Only||Income Only|
Disclaimers – please read.
All investments involve various elements of risk. Whilst TPT Wealth cannot eliminate all risks associated with an investment in the TPT At Call Fund and TPT Income Funds (including the risk of loss of income and capital invested), as Responsible Entity and Investment Manager we employ a range of strategies that seek to actively identify, assess, manage, and reduce risk. Neither TPT Wealth, nor MyState Limited or MyState Bank Limited guarantee the repayment of capital or the performance of the TPT At Call Fund and TPT Income Funds. For important information about Funds and their risks, please refer to the Fund’s PDS.
ASIC Benchmark Disclosures:
ASIC has developed a range of benchmarks for unlisted mortgage schemes (such as the Income Funds) the enable investors to understand the risks and assess the suitability of the investments. This information is updated on a quarterly basis and made available on this website.
For more information on the features of the investment Funds such as fees, liquidity levels, benchmarks and funds investment, it is essential that you obtain and read the Fund’s PDS.
1 Average annualised returns for periods ended 01/05/20 for 1 year performance and 31/03/20 for 3 and 5 year performance. 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 may be unavoidable delays in updating the Fund Unit Prices during periods of interest distribution and public holidays. For current Unit Prices call us on 1300 138 044.
* 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.
** 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.
INVEST ONLINE TODAY
It is essential that you obtain and read the relevant Product Disclosure Statement (PDS) and other product disclosure documents. If you’ve done so, you may want to proceed to our online application:
MAKING CONTRIBUTIONS TO YOUR INVESTMENTS
BPAY®BPAY makes adding to your managed funds easy. Use your financial institution’s online banking platform to make a BPAY from your bank account. You will need your TPT Wealth Customer Reference Number (CRN) and fund Biller Code.
You will find your CRN in the investor portal if you are registered, on your most recent investment statement or alternatively contact our Client Services team on 1300 138 044.
Find your fund below and ensure you use the applicable Biller Code for any additional contributions:
|Fund Name||Biller Codes|
|TPT At Call Fund||929513|
|TPT Fixed Term Fund||929554|
|TPT Long Term Fund||347377|
|TPT Select Mortgage Fund||36699|
|TPT Australian Share Fund||929562|
|TPT International Share Fund||566414|
|TPT Diversified Property Fund||566406|
|TPT Balanced Fund||929521|
Electronic Funds Transfer (EFT)
Make an additional contribution to your TPT Wealth investment by making an EFT from your bank or financial institution using the following EFT details:
Account Number: 17257060
Please include your Investor Number in the reference field.
Simply submit an Additional Investment Form alongside your payment so that your contribution can be identified. This form will appear in the Investor Portal when transacting online.
Paper forms can be submitted either by mail or fax:
TPT Wealth Unit Registry
PO Box 3721
Rhodes NSW 2138
Fax: 612 9287 0328
Please make your cheque payable to ‘TPT Wealth Funds Application Account’ and send with your Additional Investment Form to:
TPT Wealth Unit Registry
PO Box 3721
Rhodes NSW 2138