To enable our fund managers to invest longer term with the objective of improving yields for investors, the Board of TPT Wealth has decided to increase the redemption period from currently 7 business days to 90 days. The redemption notice period can be part of the initial investment period.
For all new investors to the Fund on or after 1 April 2021, this change has taken effect.
For existing investors as at 31 March 2021 (Existing Investors), we have sent you a notice by post with more details of the change and what you can do if you want to transfer to another TPT Wealth Fund or elsewhere. This change will not commence for Existing Investors until 1 July 2021. Fee and term waivers are available for Existing Investors who make a transfer request to the TPT Long Term Fund prior to 30 June 2021 as follows:
|TPT Long Term Fund - this fund requires 7 business days’ notice after the initial investment term has been completed to redeem all or part of your investment.
|If you move to the TPT Long Term Fund by 30 June 2021:
|If you move to the TPT Long Term Fund after 30 June 2021:
A new Supplementary Product Disclosure Statement (SPDS) is available to detail the change. You should read the Product Disclosure Statement and the SPDS available at tptwealth.com.au before making an investment decision.
How do I get more information to help me make a decision?
Existing investors requiring more information can view a recording of our online information session here. If you require any further information relating to our full range of investment options or assistance with these changes please contact us.