We’ve reached the end of another financial year. Here’s the Affluence Investment Fund 2018 End of Financial Year Information.
We don’t yet know the final results for June. But we expect the Affluence Investment Fund to have exceeded our performance targets for the June 2018 financial year.
This means we will be paying a higher distribution than normal for June. The distribution rate for June will be 2.0 cents per unit, or around four times the normal monthly amount. This distribution will be paid on 10 July. For those of you reinvesting distributions, you will receive your reinvestment notification later in July as usual.
The end of financial year is a busy time for us. In addition to determining and paying the final year-end distribution for the Fund, we also complete tax calculations and finalise tax statements for Investors. We will also be finalising investment statements, preparing Fund accounts and arranging to have them audited.
The Affluence Investment Fund portfolio includes many different funds and managers. Our year-end processes rely on each of those managers to provide us with accurate data so we can complete our calculations. This does take some time and means that some processes tend to take a little longer in July than in other months. Please bear with us.
Below are our estimated dates for the Affluence Investment Fund year-end processes. We will update the information below as each item is completed.
|Payment June 2018 distribution||10 July 2018 (paid)|
|Release of June 2018 unit price||17 July 2018 (complete)|
|Release of June 2018 Fund Report||18 July 2018 (complete)|
|Distribution reinvestment advices sent||18 July 2018 (complete)|
|Annual Investment statements sent||31 August 2018 (complete)|
|Annual Tax statements sent||30 August 2018 (complete)|
If you have any questions regarding your investment, please do not hesitate to contact us or your financial advisor.
Thank you for your continued support. It means a lot to us.
If you’d like to learn more about the Affluence Investment Fund, you can visit the Affluence Investment Fund page.