Liquidity

As per the product disclosure statement dated 16 August 2017, Charter Hall Direct PFA Fund provides Withdrawal Offers and Liquidity Events.

There was also a Liquidity Event for investors who were invested in PFA prior to 16 August 2017 (Existing Investor Liquidity Event).

Regular Withdrawal Offers

Withdrawal Offers are intended to be made every six months from June 2019, subject to the Fund having available liquid assets. Withdrawal Offers are notified via the quarterly report and published on this website.

Withdrawal Offer dates:

Notification Open date Close date Payment date
June 2019
quarterly report
Expected July 2019 Expected August 2019 Expected September 2019

When the withdrawal offer opens, you can download the form here.

Liquidity Events

Liquidity Events will be offered every five years. Subject to its obligations at law, the Responsible Entity will use best endeavours to provide liquidity for all investors wishing to redeem all or some of their investment.

The next Liquidity Event is scheduled for August 2022 and all investors will be notified at that time.

Existing Investor Liquidity Event

Investors who were invested in PFA prior to 16 August 2017 had the opportunity to participate in a liquidity event for their original units. The Existing Investor Liquidity Event was notified to all investors and published on this website. Existing Investor Liquidity Event date:

Notification Open date Close date Payment date
15 March 2018 by letter 21 March 2018 27 April 2018 28 June 2018

 

General information about liquidity

PFA is an illiquid investment and is not open to daily withdrawals.

When a Withdrawal Offer or Liquidity Event is open, a form will be available on this website. Please note that withdrawal or liquidity forms are not general and are specific to each offer.

When participating in Withdrawal Offers or Liquidity Events you can go online to InvestorServe www.investorserve.com.au to confirm that your form has been received or you can call the registry on 1300 137 895 to request confirmation of receipt. Any forms received after the close date will not be valid.

The amount you receive when you participate in a Withdrawal Offer or Liquidity Event is the number of units you redeem multiplied by the unit price as at the date of payment, less any sell spread. See the unit price page for further information on the unit price and sell spread. All offers may be cancelled, deferred, scaled back or suspended in exceptional circumstances. Refer to the PDS for further details.

If you have any questions in relation to liquidity, please contact the Charter Hall team on 1300 652 790.

Contact

Registry (fund administration) - Boardroom

For enquiries regarding your personal holding in a fund, including account balance, distribution payment, statements, contact details and InvestorServe. Have your investor number (shown on your distribution statements) ready to quote.

Charter Hall (manager)

For enquiries regarding the management of a fund, including performance, strategic direction, property portfolio and new investment opportunities.