Cromwell follows ASIC’s good practice guidance for website disclosure of material information. This means that all material information in relation to the Cromwell Phoenix Property Securities Fund will be posted on this webpage as soon as practicable after Cromwell becomes aware of it.

01 November 2018

Update to Complaints Handling Process

Click here to view the update to complaints handling process.

... More >

29 September 2017

Cromwell Phoenix Property Securities Fund available to new investment

29 September 2017

Cromwell Funds Management Limited (CFM) is the responsible entity of the Cromwell Phoenix Property Securities Fund (Fund).

CFM is pleased to announce that the Fund is again available to new investment.

Units in the Fund are available for subscription under a product disclosure statement dated 29 September 2017 (PDS).

The PDS is issued by CFM and is available from www.cromwell.com.au/psf.

If you have any questions, please contact Cromwell’s Investor Services Team on 1300... More >

29 September 2017

Issue of new Cromwell Phoenix Property Security Fund Product Disclosure Statement

29 September 2017

Cromwell Funds Management Limited (CFM) is the responsible entity of the Cromwell Phoenix Property Security Fund (Fund).

Units in the Fund were available for subscription under a product disclosure statement dated 1 November 2012 (2012 PDS).

Units are now available for subscription under a new product disclosure statement dated 29 September 2017 (2017 PDS), and the 2012 PDS is no longer applicable.

The fees and other costs section of the 2017 PDS complies with... More >

12 April 2017

Previously Listed Securities that have De-listed

12 April 2017 Cromwell Funds Management Limited (CFM) is the responsible entity of the Cromwell Phoenix Property Securities Fund (the Fund).

As disclosed in section 5.2 of the Fund’s product disclosure statement dated 1 November 2012 (PDS), the Fund will generally invest in keeping with the following targeted asset allocations as a percentage of its total portfolio:

INVESTMENT CLASS (% of portfolio) TARGET RANGE ASX listed property and property related securities1... More >

27 March 2017

Cromwell Phoenix Property Securities Fund – Constitution Amendments

27 March 2017 Further to our announcement of 16 March 2017, Cromwell Funds Management Limited (ABN 63 114 782 777) (“CFM”) as the responsible entity of Cromwell Phoenix Property Securities Fund (ARSN 129 580 267) (“PSF”) did not receive a request from unit holders (holding at least 5% of the votes that may be cast on the resolution) to call and arrange to hold a meeting of unit holders of PSF to consider and vote on a special... More >

16 March 2017

Notice of Proposed Trust Constitution Amendments

16 March 2017 PROPOSED CONSTITUTION AMENDMENTS TO FACILITATE ADOPTION OF THE ATTRIBUTION MANAGED INVESTMENT TRUST (AMIT) REGIMENOTICE PURSUANT TO SECTION601GCA OF THE CORPORATIONS ACT

Cromwell Phoenix Property Securities Fund (ARSN 129 580 267) (“Trust”) is eligible to be an Attribution Managed Investment Trust (“AMIT”) and to apply the new income tax regime for managed investment trusts that was recently enacted under the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (Cth)(“AMIT regime”). The key feature... More >

14 November 2016

Net Realised Capital Gains

14 November 2016

Cromwell Funds Management Limited (CFM) is the Responsible Entity of the Cromwell Phoenix Property Securities Fund (the Fund).

As disclosed in section 2.5 of the Fund’s product disclosure statement dated 1 November 2012 (PDS), the Fund is expected to earn income, such as distributions, dividends, interest and realised capital gains, from its investments. When calculating the amount of the distribution, these expected returns from the Fund’s investments (on an annualised basis) are taken into account.

In... More >

09 February 2016

Foreign Account Tax Compliance Act (FATCA)

09 February 2016

The Foreign Account Tax Compliance Act (“FATCA”) is United States (“US”) tax legislation that enables the US Internal Revenue Service to identify and collect tax from US residents that invest in assets through non-US entities. If you are a US resident for tax purposes, then you should note that the Cromwell Phoenix Property Securities Fund (“Fund”) is or is expected to be a ‘Foreign Financial Institution’ under FATCA and it intends to comply with its... More >

18 May 2015

Continuous Disclosure Notice

18 May 2015

With effect from 1 August 2014, the Fund’s investment management agreement with Phoenix Portfolios Pty Ltd was amended to cease any potential for allocation to international listed property securities in order to enable compliance with the Significant Investor Visa regime.

This amendment has now been reversed such that the asset class of international property related securities has been reintroduced with a minimum asset allocation of 0% and a new maximum asset allocation of 20%.

Sections 5.1 and... More >

05 February 2015

Cromwell Phoenix Property Securities Fund closed to new investors

05 February 2015

On and from Thursday 5 February 2015, the Cromwell Phoenix Property Securities Fund (PSF) will no longer accept applications from new investors. Existing investors can, however, apply for additional units.

PSF has closed to new investors because it has reached its capacity constraint (see page three of the PSF product disclosure statement dated 1 November 2012 (PDS)).

Cromwell believes closing PSF now will put Phoenix Portfolios, PSF’s investment manager, in the best position to continue... More >

24 December 2014

Change of custodian

24 December 2014

On 23 December 2014, White Outsourcing Pty Ltd ABN 44 114 914 215 replaced JP Morgan Chase Bank, National Association ABN 43 074 112 011 as the custodian of the Cromwell Phoenix Property Securities Fund.

Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (CFM) has prepared this update and is the responsible entity of, and the issuer of units in, the Cromwell Phoenix Property Securities Fund ARSN 129 580 267 (Fund). Before making... More >

04 August 2014

Continuous Disclosure Notice

04 August 2014

The Fund does not currently invest in international listed property securities. To enable compliance with the Significant Investor Visa regime, from 1 August 2014 the Fund’s investment mandate was amended to cease any potential for allocation to international listed property securities. Sections 5.1 and 5.2 of the Fund’s product disclosure statement dated 1 November 2012 should be read accordingly. The Fund’s investment management agreement with Phoenix Portfolios Pty Ltd has also been amended to reflect... More >

12 March 2014

Privacy Policy Update

12 March 2014

Cromwell respects the privacy of its investors and is committed to protecting their personal information.

The way we manage personal information is governed by the Privacy Act 1988 (Cth) and the Australian Privacy Principles established under the Privacy Act.

On 12 March 2014, Australia’s Privacy Act changed, and Cromwell’s Privacy Policy has been updated to comply with the changes. Click here to read our updated Privacy Policy.

Cromwell may also disclose some of your personal information to... More >

07 December 2012

Cromwell Fund Awarded Best of the Best

07 December 2012

The Cromwell Phoenix Property Securities Fund (PSF) continues to be recognised as one of the top-performing funds in Australia after taking out the Money magazine “Best of the Best award” in the Property Securities Fund category.

The award is the second honour for the Fund this year, its success having earned Cromwell & Phoenix Portfolios the title of 2012 Money Management/Lonsec Fund Manager of the Year for Australian property securities.

Cromwell National Head of Sales, Michael Blake... More >

23 October 2012

Positive Outlook for A-REITs

23 October 2012

A combination of earnings uncertainty in the broader market, lower interest rates and increasing acceptance of the secure income streams they provide is creating a positive environment for the A-REIT sector, according to Phoenix Portfolios Managing Director Stuart Cartledge.

In his latest quarterly report to investors in Cromwell Phoenix Property Securities Fund, Mr. Cartledge said recent events were putting the A-REIT sector back on investors’ radars.

"In an environment where many companies across the broader share... More >

28 June 2012

Change of Responsible Entity for the Cromwell Phoenix Property Securities Fund

28 June 2012

During June 2012, investors in the Cromwell Phoenix Property Securities Fund ARSN 129 580 267 were advised that Cromwell Property Securities Limited ACN 079 147 809 AFSL 238 052 (CPS) intended to retire as Responsible Entity (RE) of the Fund and appoint a related company, Cromwell Funds Management Limited ACN 114 782 777 AFSL 333 214 (CFM), as the replacement RE. Both CPS and CFM are wholly owned subsidiaries of Cromwell Property Group (ASX:CMW). Investors... More >

04 November 2011

Update - Interest on Applications Account

04 November 2011

Effective 1 October 2011, the Cromwell Phoenix Property Securities Fund (“PSF”) will retain all interest received in the PSF applications account.

When an investor applies for units in the PSF, their application money is deposited into the applications account until the application is accepted. The applications account is interest bearing. However, since money in the account is not PSF property the PSF does not have an automatic right to the interest.

In a majority of circumstances... More >