Australian resident open-ended unit trusts - registered under the Corporations Act 2001 as managed investment schemes
Dealing Costs:
Buy-Sell spread 0.50% of the Unit Price. There are no entry or exit fees and no trailing commissions are paid (to anyone)
Management Expense Ratio/Indirect Cost Ratio:
1.54% per annum - includes GST and investment costs of 1.44% per annum
Minimum
Investment:
Minimum initial investments is A$25,000 or NZ$30,000 per Fund. There is no minimum for additional investments. Minimum investment balance is A$20,000 per Fund
Entry/Exit:
Every Sydney Business Day
Additional Investments:
Additional
applications may be made by written
request (letter, facsimile or email).
You will need to make reference to
your investment account number, investment
amount and the applicable Fund (if
invested in more than one Fund).
Alternatively, you can use the Additional
Investments form.
The minimum initial investment requirements will apply for investing into a new Fund.
Reporting:
Transaction advices, holding statements, quarterly investment reports and annual distribution and tax statements. Investors may access their account from Platinum’s secure website
