LM Australian Income Fund – Currency Protected Lux
Updated 23 January 2012
The Luxembourg structure of the fund provides European advisers and institutions access to LM's 14 year track record as an Australian specialist fund manager, the Australian investment assets we manage and Luxembourg's position as a well recognised funds management hub for the whole of Europe.
The LM Australian Income Fund - Currency Protected Lux ("the fund") is registered as a dedicated fund of the Luxembourg registered KMG SICAV-SIF, a Luxembourg Specialised Investment Funds Scheme. The fund is not registered in Australia, and is not available for Australian or New Zealand investors.
Investment into the The LM Australian Income Fund - Currency Protected Lux can only be made through an independent global network of financial advisers and intermediaries. Investors should contact their financial adviser or intermediary to determine if an investment in the fund is suitable to their financial needs and objectives. It is important that investors read the warning statements at the bottom of this product page as well as the fund offer document available from KMG SICAV-SIF and the Master Fund product disclosure statement, and any Master Fund supplementary product disclosure statement for complete details of the fund.
The LM Australian Income Fund - Currency Protected Lux provides favourable income returns by accessing Australian investment assets via the Australian master fund, the LM Australian Income Fund - Currency Protected.
Click here to view fund documents
Key Facts
| Product Issuer and Manager |
LM Investment Management Ltd |
| Administrator |
European Fund Administration S.A (EFA) |
| Master Fund Assets |
> A diversified portfolio of Australian registered first mortgages over commercial, residential, industrial, retail and vacant land; and
> Interest bearing cash investments. |
| Minimum Investment Amount |
AUD5,000, USD5,000, GBP5,000 or EUR5,000 (relevant investment currency). |
| Investment Currency |
AUD, USD, GBP, EUR. An AUD investment is not hedged. |
Who Can Invest
|
Well informed investors, professional investors and institutional investors. |
| Investment Terms/Classes |
Class A: 1 Year term
Class B: 2 Year term
Class C: 3 Year term |
Distribution Frequency
|
Investors can elect to redeem distributions quarterly within 20 Luxembourg business days. Non-AUD distributions are not hedged. |
Minimum Withdrawal
|
AUD500, USD500, GBP500 or EUR500 (relevant investment currency). |
Withdrawal Notice
|
15 Luxembourg business days. |
| Minimum Balance |
AUD5,000, USD5,000, GBP5,000 or EUR5,000 (relevant investment currency). |
Entry/Exit Fees
|
Nil |
How to Invest
|
Investments can only be made by completing the application form available from LM. Completed applications must be submitted to the fund's administration service provider, European Fund Administration S.A. (EFA) as detailed below:-
European Fund Administration S.A (EFA)
Attn: Register Administration Department. - AML Section
Address 2, rue d'Alsace
P.O. Box 1725
L-1017 Luxembourg
Fax (00352) 48 65 61 8002 |
Investment Documents
KMG offering document
File size: 360KB
Pages: 47
KMG offering document – provides complete details on the KMG SICAV-SIF and should be read in conjunction with the Fund Information Brochure and the Master Fund Product Disclosure Statement.
Rates and Bank Account Details
Forms
Declaration of Beneficial Ownership Form
File size: 143KB
Pages: 1
If the investor is not the final beneficiary of the investment, this form is to be completed and signed by both the investor and the final beneficiary.
Declaration of Investor Status Form
File size: 127KB
Pages: 1
To be completed by financial advisers/intermediaries for private investors investing directly into the fund (not via a Life Company or Platform), stating that the investor is well informed. This must accompany the private investor application form.