21 August 2014

To make an initial or additional investment in the Cromwell Direct Property Fund (the Fund), direct investors can pay their application moneys by cheque, BPay or direct debit.  Payments made by cheque may take some days to be ‘cleared funds’.  However, Cromwell Funds Management Limited (CFM) will now accept an otherwise complete application on the day of receipt (or deemed receipt as the case may be) even if payment is made by cheque or direct debit.

Sections 7.1, 10, and 10.3 of the Fund’s product disclosure statement dated 21 August 2013 (PDS) should be read accordingly.  The Fund’s supplementary product disclosure statement dated 28 May 2014 (SPDS) contains important information that updates the PDS and should be read in conjunction with the PDS.  Applications to invest in the Fund can only be made on an application form from the PDS with approved wording, or an approved sticker, confirming that the applicant has received, read and understood the SPDS.

The PDS and SPDS are issued by CFM and are available from www.cromwell.com.au or by calling Cromwell Investor Services on 1300 276 693.