METRICS DIRECT INCOME FUND
Please refer to Sections 3.14 to 3.19 (inclusive) of the Product Disclosure Statement (PDS) for full details in respect of the redemption of Units in the Trust.
Subject to the terms of the PDS, where the Trust is liquid, Investors may redeem their units in the Trust on a monthly basis on the Redemption Date by providing a written redemption request in accordance with the PDS. Redemption requests must be received by the Responsible Entity at least 10 Business Days prior to the last Business Day of the month.
It is expected that the Responsible Entity will satisfy Redemption Requests within 15 days of the relevant Redemption Date however, under the Constitution the Responsible Entity has up to 180 days from the relevant Redemption Date to pay redeeming Investors their redemption proceeds. In certain circumstances the Responsible Entity may suspend or stagger redemptions in accordance with the Constitution. Further information is available in the PDS.
Defined terms have the meaning given to them in the PDS. For ease of reference:
Business Day means a day on which banks are open for general banking business in Sydney, Australia.
Redemption Date means the last Business Day of each month.
REDEMPTION REQUEST DATES:
July 2023 - January 2024
|REDEMPTION DATE||REDEMPTION REQUEST MUST BE RECEIVED BY NO LATER THAN*:|
|31 JULY 2023||17 July 2023|
|31 AUGUST 2023||17 August 2023|
|29 SEPTERMBER 2023||15 September 2023|
|31 OCTOBER 2023||17 October 2023|
|30 NOVEMBER 2023||16 November 2023|
|29 DECEMBER 2023||
13 December 2023
Public holidays: 25 December and 26 December 2023
|31 JANUARY 2024||
16 January 2024
Public holiday: 26 January 2024