eInvest Income Generator Fund Offer

Bids for the eInvest Income Generator Fund Offer are open.

The Offer

The Offer

Desktop Broker clients can invest in eInvest Income Generator Fund (EIGA). EIGA is a newly established Exchange Traded Managed Fund (ETMF) to be managed by Perennial Value Management Ltd.

The price for each unit is $4, with a minimum application amount of $5,000.

The Fund will invest in a diversified portfolio of quality of Australian shares and intends to target a distribution yield of 7% p.a. adjusted for franking credits and fees, paid monthly. 

The Product Disclosure Statement is available. Please ensure you read it carefully before you bid for your clients. 

Details of the Offer and on how to bid are enclosed below. 

Access Independent Investment Research's (IRR) analysis on the Fund.

Access Lonsec's product review and rating on the Fund. 

Learn more with Perennial Value Management MD, John Murray's video on Livewire. 

Access the Product Disclosure Statement here

Key Offer Information

The Fund aims to provide investors with:

  • Attractive, regular, tax-effective income stream;
  • Income target of 7.0% annual pre-tax distribution yield, comprising a 5% cash dividend yield paid in monthly instalments and 2% franking credits;
  • Long-term capital growth;
  • Active management and diversification; 

The ETMF structure

  • Provides investors with transparency, liquidity, active management and efficiency;
  • Trades like a listed share

Investor Profile

  • Suited to investors in the pension and superannuation phase who are seeking a greater level of income than that achieved by term deposits and are able to take full advantage of franking credits and share buybacks.

 

Key Offer Statistics

Key dates of the Offer

Firm bids are due by 5.00pm on Tuesday 24th April 2018 (AEST).

These dates are indicative only and may be subject to change. Perennial Investment Management Limited (PIML) reserves the right to close the Initial Offer early, to accept late Applications or extend the Initial Offer without notifying any recipient or any Applicant. 

How to apply

To apply for the eInvest Income Generator Fund Broker Firm Offer: 

If you're not a Desktop Broker client, open an account here. 

For existing Desktop Broker clients, follow the steps below:

1. Download and review the Product Disclosure Statement carefully here.

2. Download the bidding form here and fill in the details.

3. Send it to support@desktopbroker.com.au

The application price for each unit is $4.00. Investors must apply for a minimum of $5,000 of units, and thereafter in multiples of $2,000.

Firm bids are due by 5.00pm on Tuesday 24th April 2018 (AEST). However, Perennial Investment Management Limited (PIML) may vary the timetable, including closing the Offer early, at any time prior to that date, without notice.

If you have any queries please don't hesitate to contact our support team on 1300 726 177.

You can learn more by visiting eInvest Income Generator's Help Centre.