Viento Diversified Property Fund
IMPORTANT INVESTOR INFORMATION
Due to the uncertainty surrounding the financial and property markets, the Directors of Viento Property Limited believe it is prudent management to suspend applications and withdrawals for the Viento Diversified Property Fund, and advise that we will not be accepting any new applications or make a withdrawal offer until further notice.
This includes a suspension of both regular investments and reinvestment of distributions from 8 October 2008. After this date, investors who have selected to reinvest their distributions will have distributions paid into their nominated bank account or by cheque.
We will continue to monitor the market sentiment and will re-open the withdrawal offer once market conditions improve.
Fund Overview
The Viento Diversified Property Fund is an open ended diversified property fund offering regular, tax effective income, low volatility and growth potential to investors.
The fund is structured as a property investment for self-managed superannuation funds, pension funds and private investor portfolios and invests in Direct Property, Listed Property Trusts (LPTs) and Cash.
Investors receive distributions from net rental income of the direct properties, distributions from the listed property trusts and interest on the cash. Additionally, growth in the unit price can result from an increase in the value of the direct property or an increase in the market price of the listed property trusts.
Fund at a glance
| Minimum investment |
A$5,000 |
Regular investment plan
investment |
A$2,500 minimum initial |
| Minimum additional investment |
A$100 |
| Income distributions |
Paid quarterly |
| Distribution reinvestment |
Yes - optional |
| Minimum withdrawal |
$1,000 |
| Suggested investment period |
3+ years |
| Unit price |
Buy and Sell prices calculated daily and published to this website |
| Current size of Fund |
$190 Mill as at 30 June 2008. |
Asset Allocation of the Fund
The Asset Allocation Committee decides the allocation of assets from time to time. The benchmark asset allocation is 85% direct property, 12% LPTs and 3% cash.
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