News
Update to Product Disclosure Statement - June 2008
The AMF Yield Fund Product Disclosure Statement states that Adelaide Managed Funds Limited (AMF) has entered into a short term liquidity facility with Adelaide Bank. The purpose of the facility is to mitigate liquidity risks by maintaining adequate reserves of cash to meet redemption requests. In addition to the current facility agreement AMF has entered into another facility for $100 million with Bendigo and Adelaide Bank Limited (BEN). The new facility is unsecured, on similar terms to the Adelaide Bank facility, and provides additional comfort to unitholders that AMF will be able to meet redemption requests. BEN may be paid an arm's length fee for its commitment under this facility.
Update to Product Disclosure Statement - 31 March 2008
Following the merger of Bendigo Bank Limited with Adelaide Bank Limited, our parent entity, during November 2007, the merged company has voted to change its name to Bendigo and Adelaide Bank Limited. The name change will take effect from Monday 31 March 2008.
As a result of the change in name, the following changes are to be made to the AMF Yield Fund Product Disclosure Statement issued by Adelaide Managed Funds Limited --
- Any reference to "Adelaide Bank Group" should now be read as "Bendigo and Adelaide Bank Group".
An updated Product Disclosure Statement dated 29 January 2008 is now available. Click here to download.
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