LM Savings Plan

An enhancement of the LM Australian Income Fund

Investment Objective

The LM Savings Plan is a cost-effective savings product. Designed to provide wealth accumulation through regular savings, the LM Savings Plan can help investors reach their savings goals, and allows investors flexibility and control over their approach to savings1.

Fund Strategy

The savings plan provides flexible investment terms, with no extended-term "lock in" required (eg 1, 2,3,4,5 years), penalty free access to savings after the first year and positive account valuation on day one.

LM has a track record of managing returns in this asset class for more than 15 years.

Convenience

The LM Savings Plan accommodates standing orders or regular payment arrangements from financial institutions to ensure regular contributions to a plan do not fall by the wayside, and investors can maximise their savings potential. *

Access to Savings

The full savings plan can be accessed at the end of the investment term2. Prior to that, investors have the option to partially withdraw from their investment at each annual anniversary2. A partial withdrawal is capped at 20% of investment value per year and is completely penalty free.

Please review the Savings Plan brochure for further information, and the relevant investment documents for the LM Australian Income Fund.

Investment Documents
Rates & Bank Details
 
Forms
 
 


 

*Cheques can be accepted by the Fund Manager in GBP (delivered to London Office) or AUD (delivered to Head Office, Australia), otherwise regular telegraphic transfer of funds in other major currencies is required to top up a Savings Plan.

Investment into the LM Savings Plan can only be made through a global network of financial advisers and intermediaries. The LM funds are not a bank deposit.

1This communication is intended as general information only, not as financial product advice. LM Investment Management Ltd (Administrators Appointed) is the product issuer, is licensed as a fund manager and not as a provider of financial product advice. LM recommends investors seek independent financial advice which takes into account their personal financial situation, objectives and needs and read and consider the Fund’s current Product Disclosure Statement and any Supplementary Product Disclosure Statement available at www.LMaustralia.com before making any decision about the product. The PDS documents the fund’s cooling off provisions.

2LM expects to satisfy all withdrawal requests generally within 30 days. In certain circumstances it may be appropriate to protect the Fund via the delay or suspension of withdrawals. For full details of withdrawals please refer to the “How to Withdraw” and “Withdrawal from the Fund” sections in the Fund’s current PDS and any SPDS.