The Trust Company Investment Funds Updates
Continuous Disclosure and Important Information
PRODUCT DISCLOSURE STATEMENT (PDS)
The PDS contains detailed information about The Trust Company Investment Funds including the benefits, risks, fees and costs.
Product Information Incorporated by Reference
The PDS refers to other information relevant to the product (information which is ‘incorporated by reference’) which can be found below. This incorporated information forms part of the PDS and should be read together with the main PDS document above.
Download Transaction costs and Buy-sell spreads
Management costs for previous financial year ended 30 June 2019
Details of current underlying specialist investment managers
Product Updates
We may update information in the PDS by issuing a supplementary PDS. However, if product updates are not materially adverse we will notify you via our website. Any updates should be read together with the main PDS document above.
| Date | Nature of event or change | Impact of the change | Further Information |
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| 18 September 2019 | Incorrect ‘Portfolio Fundamentals’ Data on Fund Profiles |
The 'Portfolio Fundamentals' section of some Fund Profiles previously contained inaccurate figures for:
for the period of May 2018 – June 2019. The Portfolio Fundamentals are an estimate of forward-looking metrics. These figures are compiled by Perpetual for the purposes of providing additional information to investors to illustrate Perpetual’s quality and value investment process in action. The figures were incorrect as a result of a data error relating to a corporate action on a single security. This error has since been corrected. The corrected information can be found in the flyer. The ‘Portfolio Fundamentals’ will be found in Fund Profiles in due course. |
List of impacted funds and additional information |
| 3 June 2019 | PDS update |
We have issued a new PDS effective 3 June 2019 which contains updated information in relation to fees and costs. Please refer to the PDS for more details. |
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| 1 November 2018 | PDS update: New specialist investment manager for Trust Company Property Securities Fund |
Effective from 1 November 2018, UBS Asset Management (Australia) Ltd has been appointed the specialist investment manager of the Trust Company Property Securities Fund. Find out more here |
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| 11 September 2018 |
Change to external dispute resolution (EDR) scheme |
From 1 November 2018, there will be a change to the EDR scheme which unresolved complaints can be referred to. Please refer to this transitional disclosure for more information. |
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12 July 2018 |
The Trust Company Property Securities Fund: Update to investment guidelines |
The Fund has completed its transition from unlisted Australian property trusts to an increased allocation in Australian Listed Property Securities. Given the completion of the transition, the Fund's cash allocation has returned to its investment guideline range of 0-10%. The Fund's investment guidelines with effect from 12 July 2018 will be: Australian Listed Property Securities: 90-100% Cash: 0-10% Find out more here |
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9 July 2018 |
Trust Company Property Securities Fund: Reduction in buy/sell spread |
Effective from 9 July 2018, the buy/sell spread of The Trust Company Property Securities Fund will reduce as follows: Current buy/sell spread (%): 0.42/0.42 New buy/sell spread (%): 0.15/0.15 The new spreads reflect the removal of the Fund's exposure to unlisted Australian property assets. Find out more here |
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1 June 2018 |
PDS Update |
The replacement The Trust Company Investment Funds PDS has been issued. It contains updated information in relation to the Product Update notice on 21 May 2018. For a copy of the replacement PDS click above, or ask for a copy free of charge by contacting us on 1800 022 033. |
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21 May 2018 |
The Trust Company Bond Fund: Changes to Investment Strategy and Introduction of a Marketing Name |
Following the investment strategy review of The Trust Company Bond Fund, the following changes will take effect from 1 June 2018: |
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The Trust Company Diversified Property Fund: Changes to Investment Strategy, Introduction of a Marketing Name and Management Fee Reduction |
Following the investment strategy review of The Trust Company Diversified Property Fund, the following changes will take effect from 1 June 2018: |
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29 September 2017 |
AMIT Regime |
Perpetual has elected into the Attribution Managed Investment Trust (AMIT) Regime for the year ending 30 June 2018 and subsequent years. |
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22 June 2017 |
Changes to the constitution of the Fund/s |
Perpetual has made changes to the constitutions for our Funds to allow them to be operated as Attribution Managed Investment Trusts. These changes will apply only from the time an election is made by Perpetual to adopt the AMIT regime for the relevant Fund. We will provide notification on the website if/when this election occurs. |
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26 May 2017 |
Proposed Changes to the constitution of the Fund/s |
Perpetual is proposing making changes to the constitutions for our Funds to allow them to be operated as Attribution Managed Investment Trusts (AMIT) Find out more here |
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| 1 March 2017 |
New Product Disclosure Statement Dated 1 March 2017 |
Effective 1 March 2017, we have updated fees and costs information, and issued a new PDS. Due to changes in ASIC Class Order [CO 14/1252], we have updated our disclosure in respect of the estimated management cost of the Fund/s. This amount includes estimated indirect costs which are paid by the Funds, and are not a direct cost to you. The management fee you pay to Perpetual has not changed. For a copy of the replacement PDS click above, or ask for a copy free of charge by contacting us on 1800 022 033. |
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| 22 August 2016 |
Supplementary Product Disclosure Statement number 2 (SPDS2) Purpose to remove from the PDS the offer to invest in The Trust Company Income Fund. |
The Trust Company Income Fund’s registered managed investment scheme name has been changes to ‘Perpetual Income Share Fund’ and the Fund is now being offered as ‘Perpetual Wholesale Income Share Fund’ via the Product Disclosure Statement issued by Perpetual Investment Management Limited for Perpetual Wholesale Funds, which is publicly available at www.perpetual.com.au/wholesalefundsupdates or can be obtained free of charge by contacting us on 1800 022 033. | |
| 29 February 2016 |
Supplementary Product Disclosure Statement number 1 (SPDS1) Purpose to remove from the PDS the offer to invest in The Trust Company Philanthropy Fund. |
The Trust Company Philanthropy Fund is now being offered via its own separate Product Disclosure Statement which is publicly available at www.perpetual.com.au/ttcpf |
Other Documents
These documents are relevant to features offered in The Trust Company Investment Funds.
Online Account Access conditions of use
Privacy Policy
Perpetual's Privacy Policy has been updated as of March 2016 to include information about how you may access and seek correction of personal information held by us, make a complaint to us if you have concerns about how we have handled your personal information, how we will deal with such complaints and whether we may disclose personal information to overseas recipients.
Continuous Disclosure
There are no continuous disclosure notices regarding The Trust Company Investment Funds at this time.