What is the difference between the Vaughan Nelson Global Equity SMID Fund (Quoted Managed Fund) and the Vaughan Nelson Global Equity SMID Fund?
The Vaughan Nelson Global Equity SMID Fund (Quoted Managed Fund) is the listed class and the Vaughan Nelson Global Equity SMID Fund is the unlisted class. Both classes exist within a single fund and follow the same investment strategy.
The Vaughan Nelson Global Equity SMID Fund (Quoted Managed Fund) is an active exchange-traded fund (Active ETF). Investors can buy and sell shares in the Active ETF through the ASX as they can in any listed company.
The Vaughan Nelson Global Equity SMID Fund is an unlisted unit trust. Investors buy and sell units through Investors Mutual as the responsible entity for the Fund.
If you require a previous version of a form, PDS or Investment Guide please contact us.
Where applicable, the Fund will generally distribute annually at the end of June. This website will display any distribution details including cum, ex prices and cpu as well as a timetable for any current distributions.
It is our intention that the Fund is liquid. For the managed fund, you may withdraw part or all of your investment on a daily basis. However, should you wish to partially redeem your investment, your account balance cannot fall below the minimum of A$50,000. For the quoted managed fund, the units are traded on the ASX.