eInvest Income Generator Fund Offer

Applications for the eInvest Income Generator Fund Offer are open.

The Offer

The Offer

Bell Direct clients now have the opportunity to invest in eInvest Income Generator Fund (EIGA). EIGA is a newly established Exchange Traded Managed Fund (ETMF) to be managed by Perennial Value Management Ltd.

The price for each unit is $4, with a minimum application amount of $5,000.

The Fund will invest in a diversified portfolio of quality of Australian shares and intends to target a distribution yield of 7% p.a. adjusted for franking credits and fees, paid monthly. 

The Product Disclosure Statement is available. Please ensure you read it carefully before you apply. 

Details of the Offer and on how to apply are enclosed below. 

Investors must apply for a minimum of $5,000 of units, and thereafter in multiples of $2,000.

Learn more with Perennial Value Management MD, John Murray's video on Livewire. 

Access the Product Disclosure Statement here

Key Offer Information

The Fund aims to provide investors with:

  • Attractive, regular, tax-effective income stream;
  • Income target of 7.0% annual pre-tax distribution yield, comprising a 5% cash dividend yield paid in monthly instalments and 2% franking credits;
  • Long-term capital growth;
  • Active management and diversification; 

The ETMF structure

  • provides investors with transparency, liquidity, active management and efficiency;
  • Trades like a listed share

Investor Profile

  • Suited to investors in the pension and superannuation phase who are seeking a greater level of income than that achieved by term deposits and are able to take full advantage of franking credits and share buybacks.

 

Key Offer Statistics 



 

 

Key dates of the Offer

Firm applications are due by 5.00pm on Tuesday 24th April 2018 (AEST).


 

These dates are indicative only and may be subject to change. Perennial Investment Management Limited (PIML) reserves the right to close the Initial Offer early, to accept late Applications or extend the Initial Offer without notifying any recipient or any Applicant. 

How to apply

To apply for the eInvest Income Generator Fund Broker Firm Offer: 

If you're not a Bell Direct client, open an account here

For existing Bell Direct clients, follow the steps below:

1. Download and review the Product Disclosure Statement carefully here.

2. Send an email to ipo@belldirect.com.au detailing your Bell Direct account number, your name and the amount in $ you would like to apply for. 

The application price for each unit is $4.00. Investors must apply for a minimum of $5,000 of units, and thereafter in multiples of $2,000.

Firm applications are due by 5.00pm on Tuesday 24th April 2018 (AEST). However, Perennial Investment Management Limited (PIML) may vary the timetable, including closing the Offer early, at any time prior to that date, without notice.

3. Ensure you have sufficient cleared funds in your Bell Direct cash account on the day you make your application. If there are not adequate cleared funds in your account, your application won't be submitted and you will not be allocated Units.

4. Once units are allocated, we will advise you of your final allocation.

Please note: 

By submitting your application, you acknowledge that you:
a) have read and understood the PDS 14 March 2018;
b) hereby submit an application for a firm allocation of units in the Offer.

Please contact our broking representatives by email or on 1300 786 199 if you have any questions on the Offer or on how to apply. 

You can learn more by visiting eInvest Income Generator's Help Centre.