Important changes to the Suncorp Income and Conservative Funds
To protect the interests of members the Suncorp Income Fund and the Suncorp Conservative
Fund (the Funds) have been temporarily suspended to:
- Applications (including reinvestment of distribution income and additional contributions
via the Monthly Savings Plan);
- Requests for withdrawals (including Fixed Payment Plans); and
- Requests for switches.
Why is this happening?
Both Funds have a portion of their investments in assets that mature over varying
periods of time. If we sell these assets prior to their maturity date, then we risk
eroding the overall value of the Fund's assets.
Given the current financial market conditions, by suspending the Funds with immediate
effect, we are preserving the value of your investment.
There is no change to any other Suncorp Investment Funds.
What does this mean for members of the Funds?
While there are changes and some restrictions to members' ability to make transactions
into or out of the Funds, we will continue to pay distributions (subject to the
availability of income). In addition, a Supplementary Product Disclosure Statement
has been issued. Clients must read the PDS (including the SPDS) prior to making
any new applications for the Suncorp Investment Funds.
The attached Question and Answers explain
the changes in more detail. Please read it carefully and contact your financial
planner or the Suncorp Client Services Team on 1800 067 732 if you have any
questions.
Documents available below are in PDF files which require Adobe Acrobat Reader
to view. If you do not have Acrobat Reader click on the button below to download
Adobe Reader.
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Investment Options
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Investment Objective
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Quarterly Investment Report
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Cash Fund
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Stable income stream
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Please download the attached PDF for more information on the Fund
Download PDF (166k)
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Income Fund
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Relatively stable, monthly income stream
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Please download the attached PDF for more information on the Fund
Download PDF (262k)
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Conservative Fund
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Quarterly income stream while obtaining some level of capital growth over the medium
term
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Please download the attached PDF for more information on the Fund
Download PDF (249k)
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Balanced Fund
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Modest level of capital growth and income over a 5 year investment period
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Please download the attached PDF for more information on the Fund
Download PDF (402k)
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Growth Fund
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Strong capital growth and some level of income over the long term by investing in
Australian and international shares, fixed interest securities and other investments
including property trusts
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Please download the attached PDF for more information on the Fund
Download PDF (416k)
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Imputation Fund
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Long-term capital growth with some tax effective income by investing in a broad
selection of Australian companies
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Please download the attached PDF for more information on the Fund
Download PDF (228k)
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Australian Shares Fund
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Strong capital growth over the long term by investing in leading companies listed
on the Australian Stock Exchange
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Please download the attached PDF for more information on the Fund
Download PDF (188k)
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Property Growth Fund
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Capital growth over the long term by investing in listed property trusts and companies
that invest in property
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Please download the attached PDF for more information on the Fund
Download PDF (184k)
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Global Shares Fund
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Strong long-term capital growth by investing in the global sharemarket
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Please download the attached PDF for more information on the Fund
Download PDF (250k)
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Ready to Apply?
If you are ready to apply for a
managed fund our application section will help you.
If you decide not to complete the application you can easily cancel the process.
Product Disclosure Statement
Interests in the Suncorp Investment Funds ("SIFs") are issued by Suncorp Metway Investment Management Limited ABN 31 068 147 651 ("SMIML"), the Responsible Entity of the SIFs. Please read the Product Disclosure Statement (pdf, 1775k) before you make any decision regarding the SIFs. For a copy, contact our Client Services Team on 1800 067 732 from 8am to 5pm (Brisbane time) on Monday to Friday (except public holidays).
