Wholesale Australian Monthly Income Fund
On 18 December 2008 AXA announced the introduction of new withdrawal arrangements for its Wholesale Australian Monthly Income Fund (WAMIF). Under these new arrangements AXA will notify unit holders of quarterly Withdrawal Offers.
The new withdrawal arrangements are being introduced to ensure that we assist those investors who need access to capital. Going forward, AXA will notify you of any Withdrawal Offers. We anticipate being able to make Withdrawal Offers on a quarterly basis, subject to a number of factors including available cash and demand from investors who take up the Withdrawal Offers.
Income distributions from WAMIF will continue to be paid monthly.  | Unit Price | 09/09/10 | Entry Price | 1.0083 | Exit Price | 1.0083 |  |
This product summary is only provided for information purposes. It does not contain investment recommendation nor provides investment advice. Professional investment advice can help you determine your tolerance to risk as well as your need to attain a particular return on your investment. We strongly encourage you to obtain detailed professional advice and to read the relevant offer document in full before making an investment decision. Units in the fund will only be issued upon receipt of an application form accompanying a current disclosure document.
The information is provided for persons in Australia only and is not provided for the use of any person who is in any other country. |