Addwealth Achiever Fund

ADDWEALTH ACHIEVER FUND (ARSN 097 580 955)

Primary replaced the previous responsible entity in 2012 on a vote at a meeting of unit holders.  A number of investments were held through sub-trusts The Entertainment Fund and Richmond Equity Fund.  Primary also took over these sub-trusts. Since then, Primary has conducted a work out, selling investments that were liquid and stabilising others. Primary has also brought a number of legal claims.

At a meeting of unit holders held on 10th August 2017 a resolution approving the terms of a Deed of Settlement dated 19th June 2017 made between  Primary Securities Ltd as responsible entity of the Addwealth Achiever Fund, Valuestream Investment Management Limited, the directors of Valuestream Investment Management Limited and certain related parties was passed.

A reduction of capital of 11 cents a unit is currently being processed. 

Current Valuation

The unit value as at 31 August 2017 was $0.2245 ( subject to June adjustments in relation to the Cottesloe Beach Hotel).

Historical Unit Prices

31 July 2017 $0.1795

30 June 2017 $0.1805 (subject to audit and June adjustments in relation to the Cottesloe Beach Hotel)

31 May 2017 $0.1833

30 June 2016 $0.2898

Financial Report

Financial Report for year ended 30 June 2016 (3.67 Mb)

Financial Report for half year ended 31 December 2016 (4.56 Mb)

Registry

For all  registry matters including change of address and transfers of units, please contact Mainstream BPO on (02) 8259 8852 or email: sydney@mainstreambpo.com

Investor Committee Members

PDF Committee Members (4.76 k)