Montaka Global Access Fund
LATEST UNIT PRICE
Phone: 02 7202 0100
Address: Suite 101, Level 1, 490 Crown Street Surry Hills, NSW 2010 Australia
Established in October 2015, the Montaka Global Access Fund provides retail investors with access to a sophisticated investment strategy they would not otherwise be able to access in the Montaka Global Fund,* an Australian unit trust offered to wholesale investors only.
The Montaka Global Access Fund will seek to generate materially higher risk-adjusted returns, net of fees, than is available in the market place over the medium-term. The Fund will also seek to offer a significant level of capital preservation, across all market cycles. Income will not be a feature of The Fund. Montaka’s investment strategy provides the opportunity to benefit from both the gains of extraordinary businesses and the declines of deteriorating businesses, with greater capital protection when share markets turn down.
Investors with an initial minimum investment of $50,000 are invited to apply.
*The Montaka Global Fund was launched on 1 July 2015.
The price you receive
The Fund is forward priced, you will receive the price struck subsequent to the receipt of your application/redemption.
CONTINUOUS DISCLOSURE NOTICE: INTENTION TO WIND UP THE FUND 19 May 2022
After consultation with the Investment Manager Montaka Global Pty Limited (Montaka), the board of Fundhost has decided it is in the best interest of investors to terminate and wind up the Fund. The effective date of termination is 18 May 2022.
As a result of our decision to close the Fund, and as required under the constitution we are freezing existing redemption requests, and we are not accepting any new redemption requests. We are also no longer accepting any applications, or additional contributions to acquire units in the Fund. Winding up will be conducted in accordance with the requirements of the Fund’s constitution. The assets of the Fund will be sold and the proceeds (less anticipated costs and liabilities of the Fund) will be distributed to investor bank accounts. By winding down the Fund in a timely and orderly manner we ensure that the costs of closure are fairly shared amongst all investors. As the MGAF Fund (in which you hold an investment) invests in the Montaka Global Offshore Fund (A Caymans Island domiciled investment company for which Montaka is the trustee), which in turn invests in the Montaka Global Master Fund (a Caymans Island domiciled investment company) which invests in global securities, there is some complexity in ensuring the wind up is managed in an orderly manner. We will work with Montaka to determine the likely timing of the distribution of your funds and will write to investors with information on the estimated date.
Important Information 5 October 2021
With regard to the Montaka Global Access Fund (Fund) issued by Fundhost Limited (ABN 69 092 517 087) (AFSL 233045) under the PDS dated 1 May 2021, Fundhost would like to advise of the following:
The risk profile of the Fund has changed from high to medium risk. This change was a result of a review of consistency with the Fund Target Market Determination.
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 these changes are not considered to be materially adverse to investors, they should be taken into account when making a decision to invest under the PDS.
Cut off dates for receipt of application money & forms
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Cut off dates for receipt of redemption forms
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