Closed for Investment
Charter Hall Direct Sydney Olympic Park Fund right-arrow

The Charter Hall Direct Sydney Olympic Park Fund (Fund) is a single asset, closed end unlisted real estate fund

Welcome to Investor Services

Charter Hall is committed to keeping its investors well informed and up to date. 

This Investor Centre page gives you access to:


Distributions

Distributions & NTA (by Quarter)

The Fund makes its distribution payments on a quarterly in arrears basis. The Fund makes all distribution payments via Electronic Funds Transfer to Unitholders’ bank accounts.

YearQuarterCents Per UnitNTA Per Unit
201930 September0.070.07
201930 June2.31251.75
201931 March2.31251.79
201831 December2.31251.80
201830 September2.31251.65
201830 June2.3121.64
201831 March2.3121.61
201731 December2.3121.61
201730 September2.3121.47
201730 June2.3121.47
201731 March2.3121.36
201631 December2.3121.35
201630 September2.3121.34
201630 June2.2501.35
201631 March2.2501.11
201531 December2.2501.12
201530 September2.2501.11
201530 June2.1251.12
201531 March2.1251.00
201431 December2.1251.00
201430 September2.1251.01
201430 June2.0751.01
201431 March2.0750.95
201331 December2.0750.97
201330 September2.0750.96
201330 June2.0000.97
201331 March2.0000.97
201331 December2.0000.97
201219-30 September0.3001.00

 

InvestorServe

Existing investors can access information on their holding through InvestorServe, a secure online facility hosted by the registry, Boardroom. Investors can view details of their holding, update personal information or communication preferences and download historical statements or correspondence.

If you are having trouble accessing InvestorServe or you aren’t registered yet, call the registry on 1300 137 895.

Registry Login

AMIT

What is an Attribution Managed Investment Trust (AMIT)?

An AMIT is a managed investment trust that has chosen to apply the AMIT regime. Managed investment trusts include most listed trusts and other widely held trusts.

What is the AMIT regime?

The Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (the Act), which establishes a tax system for managed investment trusts (MITs), received Royal Assent on 5 May 2016. The rules apply from 1 July 2016.  Prior to the commencement of the AMIT regime, family trusts and large managed investment trusts were subject to the same set of tax laws. Many aspects of these laws were uncertain and difficult for managed investment trusts to apply in practice and resulted in unnecessary administration costs.
 
The AMIT regime provides a specific set of rules that are intended to provide greater flexibility in the operation of an AMIT’s tax affairs and to reduce administration costs.
 
Under the AMIT Regime, unitholders are taxed on the taxable income that is “attributed” to them by a Fund on a “fair and reasonable” basis.  Under this approach a Fund can attribute an amount of taxable income to unitholders that is greater than the cash paid.
 
The AMIT regime will not change the overall manner in which CQE’s income is taxed or change the way in which investors complete the tax return. Consistent with the previous trust taxation regime:
 
  • CQE itself will not be subject to tax;
  • an Australian resident CQE unitholder will include their share of CQE’s taxable income in their assessable income for the year to which the income relates (not the year in which it is received);
  • withholding tax will be deducted from distributions to non-resident CQE unitholders;
  • investors will include the different components of their share of CQE’s taxable income in the tax return labels; and
  • where cash distributed to Unitholders is greater than their share of the net income of CQE, the Unitholder is required to reduce their cost base in the units of CQE.
At this stage, Charter Hall Social Infrastructure Limited intends to continue with its current distribution policy and will attribute a Fund’s taxable income in the same manner as under the previous trust taxation regime which is in proportion to the cash distributed to each Unitholder.

Why is the fund electing to opt-in to the AMIT Regime?

FIML has decided to elect for the AMIT Regime to apply to the Fund commencing from 1 July 2017 for the following reasons:
 
  • elimination of a number of areas of uncertainty in the existing laws;
  • tax status of Fund – The AMIT Regime deems the fund to be a “fixed trust” providing certainty to the fundto be eligible for certain tax concessions, such as the ability to recoup carried forward trust tax losses;
  • prescriptive treatment of under or over-distributions of taxable income (“overs” or “unders”) of a Fund which will reduce the requirement to amend prior year tax returns previously lodged; and
  • prevention of double taxation – The AMIT Regime provides the ability to make upward cost base adjustments to Fund units where cash distributions are less than the taxable income attributed to Unitholders.  In the absence of this, Unitholders may be taxed twice on certain amounts attributed to them.

When does the AMIT regime start?

Managed investment trusts can choose to be AMITs with effect from the year ended 30 June 2016 or any later year.  CQE has elected to become an AMIT from 1 July 2017. CQE will be an AMIT for all subsequent years as the election is irrevocable.

Tax Information

Distributions for the Quarter Ended 30 June 2019

The following provides details in respect of the Fund’s distribution for the quarter ended 30 June 2019.  The distribution is 2.3125 cents per unit and will be paid on 22 July 2019.

 

DISTRIBUTION FOR THE QUARTER ENDED 30-06-2019

CENTS PER UNIT

Tax Deferred2.3125

The Fund is a withholding managed investment trust for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 and has previously elected to be an Attribution Managed Investment Trust.

The distribution includes a fund payment of NIL cents per unit with respect to the income year ending 30 June 2019 and no part of the fund payment is attributable to a payment from a clean building MIT.

Australian resident investors should not rely on this information for the purpose of completing their income tax returns. Taxation components for the distributions for the year ended 30 June 2019 will be detailed on the Attribution managed investment trust member annual (AMMA) statement which will be provided to investors in July / August 2019.


Distributions for the Quarter Ended 31 March 2019

The following provides details in respect of the Fund’s distribution for the quarter ended 31 March 2019.  The distribution is 2.3125 cents per unit and will be paid on 24 April 2019.

 

DISTRIBUTION FOR THE QUARTER ENDED 31-03-2019

CENTS PER UNIT

Tax Deferred2.3125

The Fund is a withholding managed investment trust for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 and has previously elected to be an Attribution Managed Investment Trust.

The distribution includes a fund payment of NIL cents per unit with respect to the income year ending 30 June 2019 and no part of the fund payment is attributable to a payment from a clean building MIT.

Australian resident investors should not rely on this information for the purpose of completing their income tax returns. Taxation components for the distributions for the year ended 30 June 2019 will be detailed on the Attribution managed investment trust member annual (AMMA) statement which will be provided to investors in July / August 2019.


Distributions for the Quarter Ended 31 December 2018

The following provides details in respect of the Fund’s distribution for the quarter ended 31 December 2018.  The distribution is 2.3125 cents per unit and will be paid on 21 January 2019.

 

DISTRIBUTION FOR THE QUARTER ENDED 31-12-2018

CENTS PER UNIT

Tax Deferred2.3125

The Fund is a withholding managed investment trust for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 and has previously elected to be an Attribution Managed Investment Trust.

The distribution includes a fund payment of NIL cents per unit with respect to the income year ending 30 June 2019 and no part of the fund payment is attributable to a payment from a clean building MIT.

Australian resident investors should not rely on this information for the purpose of completing their income tax returns. Taxation components for the distributions for the year ended 30 June 2019 will be detailed on the Attribution managed investment trust member annual (AMMA) statement which will be provided to investors in July / August 2019.


Distribution for the Quarter Ended 30 September 2018

The following provides details in respect of the Fund’s distribution for the quarter ended 30 September 2018.  The distribution is 2.3125 cents per unit and will be paid on 19 October 2018.

DISTRIBUTION FOR THE QUARTER ENDED 30-8-2018

CENTS PER UNIT

Taxable2.3125

The Fund is a withholding managed investment trust for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 and has previously elected to be an Attribution Managed Investment Trust.

The distribution includes a fund payment of NIL cents per unit with respect to the income year ending 30 June 2019 and no part of the fund payment is attributable to a payment from a clean building MIT.

Australian resident investors should not rely on this information for the purpose of completing their income tax returns. Taxation components for the distributions for the year ended 30 June 2019 will be detailed on the Attribution managed investment trust member annual (AMMA) statement which will be provided to investors in July / August 2019.

Distribution History

DISTRIBUTION FOR THE QUARTER ENDED 30-6-2018

CENTS PER UNIT

Tax Deferred2.3125
Taxable (excluding capital gains & interest)
Taxable (interest)
Total Payable2.3125

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of zero cents per unit with respect to the income year ending 30 June 2018.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE QUARTER ENDED 31-3-2018

CENTS PER UNIT

Tax Deferred2.3125
Taxable (excluding capital gains & interest)
Taxable (interest)
Total Payable2.3125

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of zero cents per unit with respect to the income year ending 30 June 2018.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE QUARTER ENDED 31-12-2017

CENTS PER UNIT

Tax Deferred2.3125
Taxable (excluding capital gains & interest)
Taxable (interest)
Total Payable2.3125

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of zero cents per unit with respect to the income year ending 30 June 2018.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE QUARTER ENDED 30-09-2017

CENTS PER UNIT

Tax Deferred2.3125
Taxable (excluding capital gains & interest)
Taxable (interest)
Total Payable2.3125

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of zero cents per unit with respect to the income year ending 30 June 2018.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE YEAR ENDED 30-06-2017

CENTS PER UNIT

Tax Deferred5.30
Taxable (excluding capital gains & interest)3.87
Taxable (interest)0.08
Total payable9.25

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of 3.87 cents per unit with respect to the income year ending 30 June 2017.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE YEAR ENDED 30-6-2016

CENTS PER UNIT

Tax Deferred5.34
Taxable (excluding capital gains & interest)3.55
Taxable (interest)0.011
Total payable9.00

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of 3.55 cents per unit with respect to the income year ending 30 June 2016.  SOP is a registered Management Investment Scheme.

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of 3.09 cents per unit with respect to the income year ending 30 June 2015.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE YEAR ENDED 30-6-2014

CENTS PER UNIT

Tax Deferred7.47
Taxable (excluding capital gains & interest)0.69
Taxable (interest)0.14
Total payable8.30

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of 0.69 cents per unit with respect to the income year ending 30 June 2014.  SOP is a registered Management Investment Scheme.

DISTRIBUTION FOR THE YEAR ENDED 30-6-2013

CENTS PER UNIT

Tax Deferred6.358
Taxable (excluding capital gains & interest)0.0
Taxable (interest)0.0
Total payable6.358

In accordance with section 12-415 of Schedule 1 of the Taxation Administration Act 1953 (Cth) the distribution includes a “fund payment” of 0.0 cents per unit with respect to the income year ending 30 June 2013.  SOP is a registered Management Investment Scheme.

Frequently Asked Questions

How much are my Distributions?

View the Distributions section on this page.

Where can I find the Fund's NTA unit price?

The fund's NTA unit price may be found here.

How do I invest?

The Fund is a closed end fund not open for new subscriptions.

Is there a Redemption Facility for the Fund?

No redemption facility is available.

Can I sell my Units in the Fund?

A Unitholder can transfer Units in the Fund to another person by providing the Responsible Entity with a completed standard transfer form signed by both the transferor and the transferee. The Responsible Entity reserves the right to decline transfer requests in its absolute discretion including when a transfer is not completed correctly, is not stamped or if any one Unitholder would hold more than 20.0 per cent of Units. Tax implications could be associated with the transfer of Units. Unitholders should discuss their circumstances with their professional adviser before requesting a transfer.

How much is the distribution?

Forecast annualised distribution for the period 1 July 2016 to 30 June 2017 is forecast to be 8.75% p.a. This distribution is based on the an issue price of $1.00. Distributions are not guaranteed.

When are distributions paid?

Distributions are paid quarterly for the periods ending 31 March, 30 June, 30 September and 31 December.

How do I have payments paid directly to my bank or building society?

To receive your distribution payments by direct credit into your bank or financial institution account, or to change previously advised account details, you must provide written advice to the Unit Registry. In some cases, this advice can be provided online. Please refer to the Unit Registry for more details.

How do I change my investment details (e.g. name, address, method of payment, etc)?

To make changes to your investment details, written advice must be forwarded to the Unit Registry. In some cases, this advice can be provided online. Please refer to the Unit Registry for more details

How can I get another copy of my holding statement?

Send your written request for a duplicate statement to the Unit Registry. Please include the following information:

– Full name of the registered Unitholder, Unitholder Number, Name of the Issuer, the registered address of the Unitholder, Number of units held and the Signature of the registered Unitholder.

Please note that a charge may be levied for this service.

How can I give notification of my Tax File Number (TFN)?

Advice of TFNs can be given in writing to the Unit Registry or lodged online via the Unit Registry’s website. You can download a TFN notification form from the Unit Registry’s website. You may choose not to provide your TFN, however if you do not provide your TFN your distribution will be taxed at the highest marginal rate.

When will I receive updates on my investment?

If you invest directly into the Fund, and not via an IDPS, master trust or wrap account, the Responsible Entity will provide you with a:

– Confirmation Statement – specifying details relating to your investment or redemption; Regular Reporting – a quarterly report updating the Fund’s operations and updates on major activities about the Fund;

– Distribution Statement – a quarterly distribution statement detailing the distribution amount, payment date;

– Annual Report and Audited Accounts – an annual report and audited accounts for each 12 month period ending 30 June; and

– Tax Statement – an annual tax statement setting out the Fund’s tax position each year.

The regular reporting including the Annual Reports and Audited Accounts will be available on this website and will be sent electronically to you if you have elected to receive it via email. Hard copies of these reports will not be sent out unless you have requested on the Application Form or in writing to us.

Where can I get an Annual Report for The Fund?

Go to the Reports and Publications section of this website where they are available in electronic format.

How can I choose to receive or no longer receive the Annual Report?

This can be requested by writing to the Unit Registry.

How do I contact the Unit Registry?

The Unit Registry’s contact details are as follows:

Boardroom Pty Limited
GPO Box 3993, Sydney NSW 2001
Telephone: 1300 737 760
Facsimile: 1300 653 459

Email: enquiries@boardroomlimited.com.au
Website: https://www.boardroomlimited.com.au/

When will I receive my annual tax statement?

A tax statement for the tax year to 30 June is mailed to all Unitholders who have held an investment in the Fund during that financial year. The tax statements are typically mailed out six to eight weeks after 30 June each year.

The tax statement summarises the distributions paid during the year and includes information required to complete your annual tax return such as the tax advantaged component of the distribution.

Does the Fund hold an Annual General Meeting?

The Fund is not required to hold an Annual General Meeting unless it chooses to do so.

How do I contact the Manager?

Go to the Contact Us component of this web page or use the details below:

Charter Hall FLK Funds Management Limited 
Level 14/570 Bourke Street, Melbourne, VIC 3000 
Telephone: +61 3 9903 6157 
Email:  enquiries@charterhall.com.au

How can I log on to view information of my holding in the Fund?

Do I have to tell you when I change financial advisers?

You are not obliged to advise us when you change financial advisers, however to ensure that your adviser is able to obtain information regarding your investment, it is best that you do notify us.

A letter confirming your new adviser’s details, signed by all security holders should be sent to the Unit Registry.

How should I deal with a deceased estate?

To change the holding into the name of the estate a certified copy of the death certificate and will or probate (if required) will need to be sent to Investor Services to be noted on the register.

Please contact our Unit Registry for further information on administering a deceased estate.

Forms

The following forms are available at https://www.boardroomlimited.com.au/

  • Annual Report Election
  • Change of Address
  • Direct Credit Authority
  • Non Market Transfer – Unlisted Funds and Structured Products
  • TFN, ABN or Exemption Notification

Disclaimer

The information contained on this webpage is of a general nature only and does not constitute financial product advice. This webpage has been prepared without taking account of any person’s objectives, financial situation or needs. Because of that, each person should, before acting on this webpage, consider its appropriateness, having regard to their own objectives, financial situation and needs. You should consult a professional investment adviser before making any decision regarding a financial product. This is not an offer to invest in the Folkestone Real Estate Income Fund at Wollongong. Investment in the Fund can only be made by completing the application form for the Fund within the Fund’s Product Disclosure Statement (PDS). None of FLK, FFM or any of their respective associates, related entities or directors guarantee the performance of the Fund or the repayment of monies invested.

Contacts

Registry
Enquiries
Boardroom

For information about your holding, including tax statements, distributions and changing contact or bank details. 

GPO Box 3993 Sydney, NSW 1223
International: + 61 2 9290 9600

Investor Relations
FLK Funds Management ltd.

For questions about Charter Hall FLK Funds Management Limited.

Important Information
This information has been prepared by Charter Hall FLK Funds Management Limited (ACN 138 125 881; AFSL 340990) (CHFFML) for information purposes only. This website is not an offer to sell or a solicitation or an offer to subscribe or purchase or a recommendation of any securities referred to herein and the information has not taken into account any potential investors' personal objectives, financial situation or needs.  While every care has been taken in the preparation of this website, CHFFML does not make any representation or warranty as to the accuracy or completeness of any statement in it, including without limitation any forecasts or opinions.  Persons viewing this document should conduct their own inquiries and investigations. Forecasts, opinions and estimates provided on this website are based on assumptions, contingencies and market conditions which are subject to change without notice and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and should not be relied upon as an indication of future performance. Past performance is not a reliable indicator of future performance. Distribution forecasts are subject to risks and distributions may vary in the future. The information on this website is subject to change, and CHFFML is not responsible for providing updated information to any person. To the maximum extent permitted by law CFFML disclaims all liability for any loss or damage which may arise out of the provision to or are by any person of the information contained in this website. CHFFML does not receive fees in respect of the general financial product advice it may provide, however they will receive fees for operating the schemes of which it is the responsible entity (Schemes) which, in accordance with the Schemes' Constitutions, are calculated by reference to the value of the assets of the Schemes. Entities within the Charter Hall Group may also receive fees for managing the assets of, and providing resources to the Schemes. For more detail on fees, see our latest annual report. To contact us, call +61 3 9903 6157 (local call cost).