Unit Price

The Ordinary Unit class is open for investment.

The current buy spread is nil and the current sell spread is 2.5%.

Please note, the unit price is placed on hold at certain times, including during the time taken to process distributions and while independent valuations are being finalised.

Past performance is not a reliable indicator of future performance. For more information see the Product Disclosure Statement.

Download Current & Historic Unit Price

Distributions

The Fund's distributions are payable monthly in arrears, generally on or around 15 of the month. The distribution rate is expected to stay the same for the financial year from 1 July 2025 to 30 June 2026 (FY26), in line with the prior period. Distribution rates are reviewed on an ongoing basis, and it should be noted are subject to change.

PFA's historical distributions can be found below. Past performance is not a reliable indicator of future performance.

Australian and New Zealand resident investors may reinvest all of their distribution entitlement for Ordinary Units. Any distribution reinvested will be invested at the ex-distribution entry price prevailing on the last day of the period. As at July 2023, there is no Buy Spread and a 5% discount to the Entry Price for reinvested distributions.

Download historical distributions

Taxation

The fund's year end for taxation purposes is 30 June, at which time the net income and the components of the distribution are determined. The total annual distribution is advised in the Annual Tax Statement, mailed to investors in August.

To access your Annual Tax Statement please login to InvestorServe or contact registry.

Withholding tax to be applied to foreign investors

The Charter Hall Direct PFA Fund is a managed investment trust for the purposes of subdivision 12-H of the Taxation Administration Act. These estimated components are provided solely for the purpose of subdivision 12-H and should not be used for any other purpose.

Distribution history for the purpose of Subdivision 12-H

View Current

View Historic

Taxation Guide

A taxation guide has been produced to assist investors in completing their income tax return. The guide provides general information only and should not be relied on, and does not constitute taxation advice.

View Taxation Guide

Liquidity

The Fund remains open and has five-year investment terms. This information is for investors looking to redeem their investment.

As per the product disclosure statement dated 18 December 2024, Charter Hall Direct PFA Fund provides Limited Withdrawal Offers and Liquidity Events. 

Limited Withdrawal Offers

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

An investment in the Fund should be considered illiquid between Liquidity Events. Limited Withdrawal Offers are a secondary, limited, mechanism for Investors to redeem Units and should not be relied upon to provide liquidity. They are generally satisfied on a proportionate basis, with Investors receiving only a percentage of their requested withdrawal amount.

There are currently no Limited Withdrawal Offers open.

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

The next Liquidity Event is expected to occur in August 2027 and all investors will be notified at that time.

General information about liquidity 

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

When a Limited 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 Limited Withdrawal Offers or Liquidity Events you can go online to InvestorServe to confirm that your form has been received or you 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 Limited 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. All offers maybe cancelled, deferred, scaled back or suspended in exception circumstances. Refer to the PDS for further details.

Frequently Asked Questions