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Showing 31 - 40 of 162 results for "Redeem"

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... Australian equity ETFs. ETF Securities said unitholders have three options - sell the units before the last trading day, redeem the units before the last trading day or hold the units and receive a pro-rata share of the proceeds following the wind up. ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... seed investors getting an extra 1% of their initial investment into the fund as loyalty units providing they don't redeem for a year. "At its core, the fund provides access to Ares' scaled credit platform, including its differentiated self-origination ...

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
MySuper funds continue to recoup coronavirus-induced losses, as the latest Rainmaker research finds default products have on average gained three out of every four dollars lost in February and March. The 2021 financial year kicked off in positive territory ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... September 3 to review options for the best capital management for the LIC. The restructure will allow the LIC's unitholders to redeem monthly at NAV. ALF is also offering two sweetners: there will be no management fees on the new, unlisted managed fund ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
Hostplus chief investment officer Sam Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... the list of available investments or the maximum investment threshold. "Hostplus retains the right at its discretion to redeem an investment and credit the proceeds to your transaction account and you will be taken to have given us a standing instruction ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software ...

Boutique to remediate clients

KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
A fund manager will remediate clients in eight funds after a recent review of its management costs identified a unit pricing error. Alpha Fund Managers' investors in eight funds were charged the wrong fees between July, 2017 and January, 2020 for ...

Pendal's product pipeline for 2020

KANIKA SOOD  |  MONDAY, 11 MAY 2020
Pendal Group's seed capital spending for new funds was about 16% lower in the year ending March but the ASX-listed manager has fresh products in the works. At March end, Pendal had $199.7 million in total seed capital investments across 14 funds, down ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... there is no need for panic. "It appears - so far at least - that the amount of payments super funds are being asked to redeem are lower than anticipated. So maybe the amount of liquidity will be less than first thought," he said. "But let's wait and ...