Change to Responsible Entity

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Update: Change of Responsible Entity 

30 November 2019

  • IOOF Investment Services Ltd, ABN 80 007 350 405, AFSL 230703  (IISL) has replaced  IOOF Investment Management Limited (IIML) as the Responsible Entity (RE) and investment manager.
  • Notice to Unitholders:  Insufficient voting requests were received from registered managed investment scheme unitholders to mandate the calling of a meeting of unitholders or postal vote on the decision to replace the RE.  As such, IIML resolved to retire as RE and with IISL appointed in its place.
  • Effective 30 November 2019, new Product Disclosure Statements were issued to reflect the change of RE for IISLs managed investment schemes and for IOOF WealthBuilder (issued by IOOF Ltd) to reflect the investment manager change.

29 October 2019

Notice to Unitholders

The RE is required to provide unitholders of its registered managed investment schemes a Notice regarding the proposal to replace the RE of the schemes.

Impacted unitholders would have recently received the Notice to Unitholders.

Registered Managed Investment SchemeARSN
IOOF MultiMix Conservative Trust 130 093 186
IOOF MultiMix Moderate Trust 100 071 332
IOOF MultiMix Balanced Growth Trust 130 097 059
IOOF MultiMix Growth Trust 130 096 945
IOOF MultiMix Cash Enhanced Trust 130 097 175
IOOF MultiMix Diversified Fixed Interest Trust 130 092 787
IOOF MultiMix Australian Shares Trust 130 093 024
IOOF MultiMix International Shares Trust 130 093 104
IOOF Cash Management Trust 105 788 501
IOOF Balanced Investor Trust 165 464 228
Multi Series Wholesale Australian Equities Trust 614 051 428
Multi Series Wholesale Fixed Income Trust 614 051 393
Multi Series Wholesale International Equities Trust 614 051 384
IOOF MultiSeries 30 614 698 289
IOOF MultiSeries 50 614 698 314
IOOF MultiSeries 70 118 190 613
IOOF MultiSeries 90 614 698 341
Profile 45 124 731 488
Profile 55 124 731 442
Profile 65 124 731 531
Profile 75 124 731 595
Profile 85 124 731 684
Profile 95 124 731 826
Profile Australian Shares 124 731 915
Profile Diversified Fixed Interest 124 731 933
Profile International Shares 124 731 960
Profile International Shares (Hedged) 124 732 047
IOOF Balanced Fund Fee Option 1 087 727 491
IOOF Balanced Fund Fee Option 2 087 728 738
MultiMix Wholesale International Shares Trust 093 528 511
MultiMix Wholesale Australian Property Trust 093 526 875
MultiMix Wholesale Defensive Equities Trust 169 673 590
MultiMix Wholesale International Property Trust 133 548 875
MultiMix Wholesale Diversified Fixed Interest Trust 093 526 026
MultiMix Wholesale Alternative Debt Trust 130 097 086
MultiMix Wholesale Alternative Equity Trust 130 097 120
MultiMix Wholesale Cash Enhanced Trust 093 529 045
MultiMix Wholesale Australian Shares Trust 093 527 345
IOOF Multi Investment Manager Trust 093 226 861
IOOF MultiMix Capital Stable Trust 130 096 730
The Cash Management Fund 089 508 636
The Property Income Plus Fund 089 508 350
IOOF Capital Secure Trust 122 582 405
IOOF Income Trust 105 788 387
AM Property Plus 096 632 165
Specialist Australian Shares Fund 115 121 625
Specialist Dynamic Allocation Fund 143 234 262
Specialist Global Shares Fund 115 121 643
Specialist Diversified Fixed Interest Fund 097 160 748
Specialist Property Fund 115 121 563
Strategic Australian Equity Fund 133 312 820
Strategic Cash Plus Fund 158 867 308
Strategic Fixed Interest Fund 151 280 723
Strategic International Equity Fund 133 308 219
Strategic Global Property Fund 133 312 571
Foundation Assertive Fund 115 121 661
Foundation Balanced Fund 115 121 689
Foundation Conservative Fund 115 121 796
IOOF Growth Shares Fund 087 721 337
IOOF Value Shares Fund 100 074 833
Lifetime Asset Management Programme*008 043 234

* Please note IISL replaced IIML as the Responsible Entity of the Lifetime Asset Management Programme on 13 December 2019.

ASIC relief granted from the requirement to hold a meeting of unitholders

IIML has obtained relief from ASIC from the requirement to hold a meeting of unitholders to explain its reasons for retirement and enable the unitholders to vote on a resolution to choose a new responsible entity. This relief was granted by ASIC on 25 October 2019.

It is a condition of ASIC's relief that IIML must forward this Notice to unitholders of IIML's registered Schemes and provide an opportunity for unitholders to request a vote on the choice of the proposed RE.

Proposed change to Investment Manager for IOOF benefit funds

Effective on or around 30 November 2019, the investment management functions of IIML will also move to IISL, including by default, the investment management of the IOOF Ltd benefit funds. This includes: IOOF WealthBuilder, IOOF Capital Builder Bond, IOOF Deferred Annuity and IOOF Estate Essentials Bond.

Impacted clients will receive a letter detailing the changes of investment manager.

More information

Please contact your adviser or our Investor Services Team on 1800 002 217 or email investorservicesemails@ioof.com.au

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