Octaviar Water Fund
Tap into the investment potential of the dynamic water sector
Tap into the investment potential of the world's third largest industry group - water.
- Aims to deliver investment growth over an investment timeframe of 3 to 5 years.
- Investment objective to become an internationally diversified water fund positioned to take advantage of the market dynamics, growth prospects and investment opportunities related to the global water sector.
- Absolute return fund which aims to deliver positive returns in a rising market as well as preserve capital in a falling market over the long term.
- Actively seeks strategic global investment exposure to a broad and diverse range of water and water-related businesses including infrastructure, pipes and valves, treatment technology, water testing and water utility companies.
| Key Features | Summary |
|---|---|
Minimum Investment/Balance |
$10,000 |
Minimum Additional Investment |
$1,000 |
Applications |
Processed monthly by completing an Application Form and providing the Application Money. |
Application Money |
Application Money will be held in a separate account until Units are issued to Applicants. Interest earned on Application Money will be an asset of the Fund. |
Distributions |
It is not anticipated that the Fund will accumulate income as the Fund is intended to be managed to maximise capital growth. Investors may elect to receive distributions or have distributions automatically reinvested in the Fund at the end of each Quarter. |
Minimum Redemption |
$1,000 |
Redemptions |
Unit Holders may apply to have their Units in the Fund redeemed from 31 March 2008 and subsequently at the end of each quarter. Under the Constitution, redemptions in any Quarter are limited to 10% of the NAV. |
Contribution Fees |
3% of Application Money |
Management Fees |
1.25%pa of the Gross Asset Value payable quarterly in arrears. |
Performance Fees |
10% of the increase in the NAV each Quarter. |
Other Fees and Costs |
Other management costs and expenses apply to an investment in the Fund and these are outlined in the Product Disclosure Statement ('PDS'). |
Unit Price |
Issue and Redemption Price will be struck as at the last day of each month. |
Buy/Sell Spread |
1.00% (ie 0.50% Buy Spread and 0.50% Sell Spread) |
Cooling-off |
14 days starting the earlier of either the date you receive your Unit Certificate, or five business days after Units are issued. |
This information has been prepared without taking into account your objectives, financial situation or needs. All investments involve risk. Before making an investment decision you should obtain and read the Product Disclosure Statement ('PDS') and consider whether the investment is appropriate for you, in light of your objectives, financial situation and needs and if necessary consult your financial adviser.
Octaviar Aqua Managers Limited ('MFS Aqua') (ABN 66 122 737 795) is the Responsible Entity and issuer of Units in the Octaviar Water Fund (ARSN 123 123 642) and holds AFSL No 308984. Octaviar Aqua is a subsidiary of Octaviar Limited (ABN 90 107 863 436) and information about its remuneration can be found in the PDS.