Munro Global Growth Fund New PDS

Munro Asset Management Limited has issued a new Product Disclosure Statement (PDS) for the Munro Global Growth Fund, dated 1 March 2017, replacing the previous PDS dated 1 July 2016.

Changes in the PDS have been made to ensure the full offer document is up to date, and more specifically to cover off the changes to the Fund:

  1. Reduction of capped expense recoveries to 0.10% p.a. from 0.50% p.a., effective 1 March 2017;
  2. Change from monthly to daily unit pricing, applications and withdrawals frequency from 1st March 2017. Refer to Sections 1, 4, 6, 7, 10, 11 and the Application Form;
  3. Revised Environmental, Social and Governance disclosure in Section 9 in line with Munro’s ESG Policy; and
  4. Fee disclosures in Section 7 have been revised for the requirements of ASIC Class Order 14/1252 detailed in RG 97 Disclosing Fees and Costs in PDSs and Periodic Statements (November 2015).

This latest PDS and Application Form is available to download from Applications are required to be submitted using the new Application Form dated 1 March 2017.

Applications received using the previous version will generally not be accepted after 31st March 2017. For the month of March 2017, applications received on the previous form will be processed, however One Registry Services will send through a request for confirmation that the latest PDS has been read, prior to acceptance of the application.