The ARA Investment Fund – Equities Portfolio
LATEST UNIT PRICE
The ARA Investment Fund (ARSN 104 232 448) (Fund) is a registered managed investment scheme, it offers three diversified portfolios with varying risk and return characteristics to suit individual investors’ preferences, and a dedicated portfolio of Australian shares, the primary aim of which is to provide a strong and growing dividend stream for those whose primary aim is long term income growth.
Fundhost Limited (ABN 69 092 517 087, AFSL 233045) is the responsible entity for the Fund. ARA Consultants Limited (ABN 78 102 304 692, AFSL 224150) (ARA) is the investment manager. The Fund is intended for the exclusive use of clients of ARA and its associates.
Importantly, as ARA is a privately-owned financial planning organisation, investors in ARA’s fund all have access to comprehensive financial planning advice and service to support their ongoing investment experience. Please click here to enter ARA’s website.
The price you receive
The Fund is forward priced, you will receive the price struck subsequent to the receipt of your application/redemption.
Important Information 12 August 2021
With regard to the ARA Investment Fund (ARSN 104 232 448) issued by Fundhost Limited (ABN 69 092 517 087) (AFSL 233045) under the PDS dated 30 September 2020, Fundhost would like to advise that from 1 September 2021 the management fee for the various portfolios, payable to ARA Consultants Limited, will again be reduced. The management fee makes up just one of the components of the Aggregate Management Fees and Costs of the Fund, refer to the below table for the current and new estimated figures.
Estimated Aggregate Management Fees and Costs
|Current figure disclosed in the PDS||New as at 1 September 2021|
(Estimated per annum figures inclusive of management fees, RE fees, custody and normal abnormal costs)
The purpose of this notice is to provide updated information pursuant to ASIC Class Order 2016/1055 which is not materially adverse to investors in the fund under the PDS. While this change is not considered to be materially adverse to investors, it should be taken into account when making a decision to invest under the PDS.
Date: Fri 23 Jul 2021
With regard to the ARA Investment Fund issued by Fundhost Limited (ABN 69 092 517 087) (AFSL 233045) under the PDS dated 30 September 2020, Fundhost would like to advise that we have now received ASIC’s consent to remove Mr Marks as the auditor of the registered scheme. The replacement auditor is EY (Ernst and Young). This change was made for reasons of procedural efficiency as EY is the appointed auditor for most other Funds issued by Fundhost. In accordance with RG 26.74 to 26.76 in ASIC Regulatory Guide 26 Resignation, removal and replacement of auditors, ASIC’s consent is effective from the date of our disclosure of the change of auditor. This was completed on 23 July 2021, by publication of this notice on our website.