ISSUE DATE
3
mortgages. Where there is a loss of investor
forms to be received, meaning the funds will be
fund. This would necessitate closure of the Fund and could lead to the appointment of external administrators. History has shown us that this achieves poor results. 2. A non-liquid fund is designed to facilitate a rational wind up should there be a loss of By restricting the amount of moneys held in cash to meet withdrawal rights there is a greater percentage of funds invested in mortgages which assists in increasing the distribution rate. Recurring Investment Option The aim of Arkus is to make investing accessible, and eliminate the need for large minimum investments. Continued investment in the Fund can be made via recurring transfers into your Arkus investment account. This amount is determined by you and can be changed at any time. A Recurring Investment Form will need to be completed in order for the recurring funds to be invested in Arkus. Lump sum deposits are also accepted if preferred via completion of an Additional Investment Form. Withdrawal Rights To withdraw funds, you simply submit a “Participation in Withdrawal Notice” (“Withdrawal Notice”) alerting GPS of your intention to withdraw. This needs to be received 48hrs prior to the Withdrawal Period opening. When your withdrawal notice is received, GPS will include
Costs and Fees GPS does not charge fees to Investors. GPS and GPS Development Finance Pty Ltd time to time by receiving a variety of fees all paid for by the borrower, including but not limited to the Application, Loan Monitoring and Line Fees,
borrower and interest paid to Investors.
indicative distribution rate paid to Investors. Distributions GPS will communicate the past distribution rate to all Investors via their Arkus monthly investment statement (“Investment Statement”). GPS may change the indicative rate at any time (for example, due to unexpected market conditions) and will communicate the revised indicative rate to all Investors. The indicative distribution rate is an estimate only and is not a guaranteed return to Investors. The actual distribution received by Investors for a Distribution period will depend on the amount of distributable income received by the Fund for that Distribution period. Performance GPS has always met our objective of delivering investments that provide a regular income to Investors. We work hard to make sure that monthly interest is paid in a timely manner and apply our best endeavours to ensure, where possible, that withdrawal requests are fully met. GPS has met it’s target rate, paid monthly,
of the following month. GPS puts aside an amount of Fund cash each calendar month to facilitate
If the total amount of withdrawal requests from Investors exceeds that of the monies set aside,
No retail Investor has ever incurred a capital loss investing with GPS*.
each Investor is paid pari passu (pro-rata). Withdrawals are then paid to Investors once the withdrawal period has closed. The Directors of GPS will endeavour to make more monies available for withdrawal in the following calendar month if there is a shortfall, but this will depend upon the loan pay-outs in that period. An example of timeframes would be that if you submit a ‘Withdrawal Notice’ to GPS on the 12th of April, you will be included in the following
*Past performance is not an accurate indicator of future performance This foreword is only an overview. There is a considerable amount of information in the PDS. If you have any queries, or wish to further discuss the Fund, then please contact GPS at info@gpsinvest. com.au or on 1800 999 109.
1st business day in May. The withdrawal period
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