1. Eligibility of investors
Gyrostat Absolute Return Income Equity Fund is a 'wholesale' fund. To meet this requirement The Corporations Regulations prescribe an income or asset criteria.
Most investors satisfy the requirements by one of these provisions.
- Gross income of at least $ 250,000 in each of the last two financial years; or
- Net assets of at least $ 2.5 million; or
- If you invest $ 500,000 or more you are deemed an eligible investor
The minimum investment amount for each of Class A Units, Class B Units and Class C Units is $5,000 AUD.
The minimum investment amount for Class D Units is $50,000 HKD or the USD equivalent amount or the AUD equivalent amount, if accepted by the Responsible Entity
The minimum investment amount for Class E Units is $5,000 USD or the AUD equivalent amount, if accepted by the Responsible Entity
An example of a wholesale investor letter to be completed by your accountant is attached, click here to download
2. Identifying the investor
If using our online application process the identification process can be completed online without the need for copies of documentation in most cases.
3. Investor declarations - sign the form
Like all Australian funds, we comply with the Anti-Money Laundering and Counter-Terrorism Financing Act (2006).
We are conscious that some investors may require assistance in completing the form. Please contact One Registry Services on 02 8188 1510 who can assist.
Online applications can be made by clicking the link below - for ease of application we have outsourced our online application process to One Registry Services.
4. Target Market Determinations
5. Enquires
For administration and enquiries please contact.
info@oneregistryservices.com.au
Investor Services Line
02 8188 1510
Address: Level 16, Governor Macquarie Tower, 1 Farrer Place, Sydney NSW 2000
Standard forms are available for clients to change investment details or redeem at:
Investor Centre – One Registry Services
6. Bank Details
You may pay your application by electronic transfer to:
Class A, B, C (AUD denominated)
Bank: ANZ
Reference: ‘Investor surname/company or trust name’ (as applicable)
Account Name: Apps – Gyrostat Risk Managed Equity Fund
BSB: 012-110
Account number: 838323399
Class D (HKD denominated)
Bank: ANZ
Reference: ‘Investor surname/company or trust name’ (as applicable)
Account Name: Apps – Gyrostat Risk Man Equity HKD
ANZ Swift Code: ANZBAU3M
Account: 805085HKD00001 (HKD)
Class E (USD denominated)
Investments can be deposited in AUD or USD (AUD will be exchanged to USD)
Bank: ANZ
Reference: ‘Investor surname/company or trust name’ (as applicable)
Account Name: Apps – Gyrostat Risk Man Equity USD
ANZ Swift Code: ANZBAU3M
Account: 805085USD00001 (USD)
7. Our Fees
Our management fee for each class is:
1.1% p.a. of the NAV for the Gyrostat Absolute Return Income Equity Class. (Class A)
1.4% p.a. of the NAV for the Gyrostat Leveraged Absolute Return Income Equity Class. (Class B)
1.1% p.a. of the NAV for the Gyrostat Risk Managed Australian Equity Class. (Class C)
1.1% p.a. of the NAV for the Gyrostat Risk Managed Hong Kong Equity Class. (Class D)
1.1% p.a. of the NAV for the Gyrostat Risk Managed Global Equity Class. (Class E)
The above management fees are inclusive of GST and net of RITC.
Further details are available in our Product Disclosure Statement.
To align our interests with our investors, there is the potential for our team to earn a performance fee. The performance fee is 15% of the increase in the NAV above the hurdle rate subject to a high water mark.
Full details are contained in our Product Disclosure Statement.
8. Platform Availability
Advisers and Investors can access Class A & B available on the following Platforms:
- Mason Stevens, Netwealth, Powerwrap, Hub24