The offer of units in the Fund is made in accordance with a Product Disclosure Statement (PDS) issued by Columbus investment Services Limited (ACN 095 162 931) (AFSL221183). The PDS is available below.  

Investors should consider the PDS before deciding whether to invest in the Fund or continue to hold units in the Fund. 

Applications are accepted daily. Our Application process has 3 stages.

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

Our minimum investment is A$ 50,000.

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.

Online Applications

Product Disclosure Statement Financial Services Guide


4. Target Market Determinations

Target Market Determination - Class E


For administrative changes please contact:
Investor Services Line
02 8188 1510

Standard forms are available for clients to change investment details or redeem at:
Investor Centre – One Registry Services

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, 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)


Our Fees

Our management fee for each class is:

1.1% p.a. of the NAV for the Gyrostat Absolute Return Income Equity Class.

1.4% p.a. of the NAV for the Gyrostat Leveraged Absolute Return Income Equity Class.

1.1% p.a. of the NAV for the Gyrostat Risk Managed Australian Equity Class.

1.1% p.a. of the NAV for the Gyrostat Risk Managed Hong Kong Equity Class.

1.1% p.a. of the NAV for the Gyrostat Risk Managed Global Equity Class.


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.