At the Unitholders’ meeting of the JBWere Cash Trust ARSN 160 854 227 (Cash Trust) held on 18 March 2021, unitholders approved a resolution to terminate the Cash Trust.
What will happen next?
The Cash Trust will be terminated on or about 19 March 2022.
Until 31 May 2021, you will be able to withdraw funds in accordance with currently disclosed practices.
After 31 May, you will not be able to:
- withdraw your funds via cheque (all other currently disclosed withdrawal methods will be available), or
- deposit funds or apply for additional units.
Your quarterly income distribution payment will not be affected.
On or about 19 March 2022, we will close your account. Any remaining funds will be returned to the bank account you have nominated in your Application form, as updated from time to time.
Where no nominated bank account has been provided to us, a cheque will be sent to the address of the registered Unitholder(s) on or about 19 March 2022.
Do I need to do anything?
You will need to make sure your contact details are kept up to date so we are able to return your money to you in March 2022.
Alternatively, you may redeem your investment at any time up until this date by following ordinary redemption processes.
If you have any questions, or would like more information, please speak with your financial adviser or contact JBWere Investor Services on 1800 812 267 (within Australia) or +61 3 9008 9476 (outside Australia), or email at email@example.com
This information is prepared by MLC Investments Ltd (ABN 30 002 641 661, AFSL 230705), a member of the National Australia Bank Limited (ABN 12 004 044 937, AFSL 230686) (NAB) group of companies (NAB Group), 105–153 Miller Street, North Sydney 2060.
NAB does not guarantee or otherwise accept any liability in respect of any financial product referred to in this communication.
This information is directed to and prepared for Australian and New Zealand residents (as applicable) only.
This information may constitute general financial product advice. It has been prepared without taking account of an investor’s objectives, financial situation or needs and because of that an investor should, before acting on the advice, consider the appropriateness of the advice having regard to their personal objectives, financial situation and needs.
You should obtain a Product Disclosure Statement (PDS) / Information Memorandum (IM) relating to the financial product mentioned in this communication issued by MLC Investments Ltd and consider it before making any decision about whether to acquire or continue to hold these products. A copy of the PDS is available at https://www.jbwere.com.au/nav-header/resources