Dexus Core Property Fund
Termination of the Dexus Core Property Fund (DCPF)
The Trust Company (RE Services) Limited ABN 45 003 278 831 (‘TTC(RES)L‘), makes this announcement as responsible entity of the Dexus Core Property Fund ARSN 114 235 326 (‘the Fund’).
TTC(RES)L made a determination to terminate the Fund effective as at 5.00pm on 29 November 2024 (‘Termination Date’), and wind it up in accordance with the requirements in the Fund’s constitution and the Corporations Act 2001 (Cth).
On and from the date of this announcement, the Fund’s product disclosure statement(s) will no longer be available.
The winding up of the Fund commences on and from 5.00pm on the Termination Date. While the Fund is being wound up, applications for units in the Fund (including any distribution reinvestment elections) and withdrawal requests will not be accepted.
Any applications for units received and not yet processed prior to the Termination Date will not be processed and any related monies will be returned to investors as soon as practicable.
Unpaid withdrawal requests that were lodged prior to the Termination Date will lapse, except to the extent that the relevant units have already been redeemed and the redemption proceeds have not yet been dispatched.
As part of the winding up process the assets of the Fund will be realised and distributions from the Fund will be paid to your registered bank accounts.
If you do not currently have a registered bank account with Boardroom, please update your banking details by completing the enclosed Direct Credit Facility Form and sending it via email to dexus@boardroomlimited.com.au or by logging in to www.investorserve.com.au, navigating to ‘Payment Instructions’ and selecting ‘Banking Information’.
If you have a bank account registered already, we encourage you to check those details. An interim distribution is expected to be paid out to investors on or around 20 December 2024.
For more information, see Continuous Disclosure notice.
If you have any inquiries, please contact:
clientservices@dexus.com
Phone: 1300 374 029.
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Disclaimers and Important information
This website has been prepared and issued by Dexus Funds Management Limited (ABN 24 060 920 783, AFSL 238163) as the investment manager of the Dexus Core Property Fund. The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235150) is the responsible entity of the Fund and the issuer of units in the Fund. None of the responsible entity, Dexus or any other company in the Dexus group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this document. Past performance is not a reliable indicator of future performance. All information on this website is subject to change without notice. While every care has been taken in the preparation of this information contained in this website, to the extent permitted by law, the responsible entity, Dexus and each of their related body corporates and their respective director, officers and employees, do not make any representation, express or implied, as to the accuracy, currency, reliability or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information on this website, and seek professional advice, having regard to their objectives, financial situation and needs. The information contained on this website should not be considered to be comprehensive or to comprise all the information which a potential investor may require in order to determine whether to invest in the Fund. This content is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives and does not constitute a recommendation, offer, solicitation or invitation to invest.
Important note: The unit prices displayed in this section are indicative only.
The unit price is determined under the Fund's constitution by reference to the net asset value and transaction costs pertaining to the relevant class of units, and the number of units on issue in that unit class. The market value and net asset value of the Fund are normally determined at least each Business Day, using the market prices and unit prices of the assets in which the Fund is invested. The definition of a Business Day is contained in the Fund’s Product Disclosure Statement. If unit prices are not available for today then the latest available prices will be displayed.
The Responsible Entity may exercise certain discretions in determining the price of units in the Fund. The Unit Pricing Discretions Policy sets out the types of discretions that the Responsible Entity may exercise and in what circumstances the Responsible Entity exercises the discretions and the reasons why it considers the policies are reasonable. The Responsible Entity is required to keep a record of any instance where a discretion is exercised in a way that departs from these policies. The Unit Pricing Discretions Policy can be obtained by clicking on this link or a copy can be obtained, free of charge, by contacting us.
Unit Pricing Discretions Policy
Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices. During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.
Dexus Funds Management Limited (ABN 24 060 920 783, AFSL 238163) nor any company within the Dexus Group makes any representation or warranty as to the reliability, completeness or accuracy of the unit price information or accepts any responsibility arising in any way (including by reason of negligence) for errors in or omissions from the unit price information. The information in this section is not an offer or recommendation of securities or other financial products offered by the Dexus Group and is not an invitation to take up securities or other financial products. Investors should consider the relevant PDS available from us for the relevant fund before making any decision regarding the product.
Performance is annualised for periods greater than one year. Total returns are calculated using the unit price which uses the net asset values for the relevant month end. This price may differ from the actual unit price for an investor applying for or redeeming an investment. Actual unit prices will be confirmed following any transaction by an investor. Returns quoted are before tax, after fees and costs, and assume all distributions are reinvested.