Announcements and Disclosures

10th November 2022

RE: Audited Accounts - 30th June 2022
Life Settlements Wholesale Fund (ARSN 110 346 695) 

The audited accounts for the Life Settlements Wholesale Fund year ended 30th June 2022 are now available.

Download Audited Accounts

 

30th September 2022

RE: Full Redemption of units
Life Settlements Wholesale Fund (ARSN 110 346 695) 

The Board of GI Asset Management Limited (AFSL 432510) (Responsible Entity, “our”, “we”, “us”) wishes to provide you with an update on the winding up the Life Settlements Wholesale Fund (the “Fund”).  All units in the Fund were fully redeemed and proceeds of the redemption were paid on or before 30th September 2022. A copy of the transaction statement was sent to each unit holder when the payment was made. 

Notice of Full Redemption of Units and Proceeds Paid to Unit Holders 30th September 2022


11th August 2022

RE: Notice of Fund Termination and Winding Up
Life Settlements Wholesale Fund (ARSN 110 346 695)

The Board of GI Asset Management Limited (AFSL 432510) (Responsible Entity, “our”, “we”, “us”) writes to inform you of our decision to wind up the Life Settlements Wholesale Fund (the “Fund”).  The decision to wind up the Fund was an extremely difficult one and taken only to protect investor interest.  On 30th June 2022, GIS General Fund accepted an offer to sell the entire portfolio of life policies after consulting its shareholders. In early August 2022, Life Settlements Wholesale Fund fully redeemed its shares in GIS General Fund.  From 15th August 2022, we will commence the termination of the Fund. We will pay any liabilities and expenses of the Fund and distribute the net proceeds to all unitholders according to the number of units they hold.

Notice of Winding Up 11th August 2022 

 

 


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