FAQ
What is the Australian Education Trust ASX code?
AEU
Where can I find the Trust’s unit price?
The Australian Education Trust’s unit price is printed in most
major Australian newspapers. Alternatively, prices can be sourced
from this website or the ASX website www.asx.com.au.
How do I invest?
The Australian Education Trust is listed on the ASX, so you can
buy units just like you would buy shares - through your
stockbroker, financial adviser or an online broker.
What is the Structure of the Australian Education Trust?
The Australian Education Trust is a Listed Managed Investment
(LMI) on the Australian Stock Exchange (ASX). Managed Investments
hold and manage a portfolio of assets on behalf of their investors
and are bought and sold on the ASX in the same manner as
shares.
The Australian Education Trust is a trust, where investors own
units. Distributions passed through to investors in the year they
are received and based on the underlying assets. The fund manager
is separate from the security.
How do I obtain a prospectus for the Australian Education
Trust?
As the Australian Education Trust is listed on the ASX, you do
not use a prospectus to invest. You can simply buy or sell units in
the Trust by contacting your stockbroker, financial adviser or an
online broker.
Where Can I get an Annual Report for the Australian Education
Trust?
Go to the Reports and Publications section of this webpage where
they are available in electronic format.
Where Can I view the Trust’s ASX announcements?
Announcements made by the Trust to the ASX are available on this
webpage at the News section or can be viewed at the ASX website
www.asx.com.au.
How can I choose to receive or no longer receive the Annual
Report?
This can be requested by writing to the Unit Registry.
What is the difference between a dividend and a
distribution?
Dividends are paid to shareholders by companies out of their
profits.
Distributions are paid to investors by trusts, such as the
Australian Education Trust. Distributions are usually made up of
income for example, rental income and may also include a capital
payment to investors, for example, if a property was sold.
When are distributions paid?
Distributions for Australian Education Trust are paid quarterly
for the periods ending 31 March, 30 June, 30 September and 31
December.
What is the Record Date?
The Record Date is the date on which the Trust's unit register
is closed off to identify the Unitholders and to calculate any
entitlement to the Trust's current distribution. All change of
address notifications, direct credit instructions, TFN/ABN or
exemption notification instructions election forms must be
incorporated into the unit register by 5.00pm on the Record Date to
apply for the Trust's current distribution.
What is the 'Ex-distribution Date'?
The Ex-distribution Date is the date on which units change from
being quoted 'cum' to 'ex'. Units are usually quoted
ex-distribution four business days before the Trust's Record Date.
Units sold ex-distribution entitle the seller (the previous owner)
to receive the last declared distribution prior to the sale, rather
than the purchaser. The unit price may fall on the Ex-distribution
Date, with the fall in price being similar to the amount of
distribution to be paid.
What distributions have been paid in the past?
For details of the most recent distribution history of the
Australian Education Trust go to the Investor Relations section of
this webpage.
Does the Australian Education Trust have a Distribution
Reinvestment Plan (DRP)?
Yes, however, it is not currently active. The DRP allows you to
have your distributions reinvested in additional units in the
Trust, rather than having your distributions paid to you. The DRP
was suspended in December 2004 but this decision is subject to
review.
The DRP price for new units is calculated at a discount to the
weighted average market price of the Trust's units traded on the
ASX during the 10 business days from and including the date upon
which the units trade ex-distribution.
What is a Unit Purchase Plan (UPP)?
A UPP is a convenient way for eligible unitholders to acquire
additional units in the Trust where no brokerage or other
transaction costs are involved.
Under a UPP the Trust may, at the discretion of the Board, offer
eligible Unitholders the opportunity to purchase additional fully
paid ordinary units up to a maximum value of A$5,000. This maximum
value has been set by the Australian Securities & Investments
Commission.
How do I have payments paid directly to my bank or building
society?
To receive your distribution payments by direct credit into your
bank or financial institution account, or to change previously
advised account details, you must provide written advice to the
Unit Registry. In some cases, this advice can be provided online.
Please refer to the Unit Registry for more details.
How do I change my investment details (eg name, address, method
of payment etc)?
To make changes to your investment details, written advice must
be forwarded to the Unit Registry. In some cases, this advice can
be provided online. Please refer to the Unit Registry for more
details.
How can I give notification of my Tax File Number (TFN)?
Advice of TFNs can be given in writing to the Unit Registry or
lodged online via the Unit Registry’s website. You can download a
TFN notification form from the Unit Registry's website. You may
choose not to provide your TFN, however if you do not provide your
TFN your distribution will be taxed at the highest marginal
rate.
How do I contact the Unit Registry?
Boardroom Pty Limited
Address - GPO Box 3993, Sydney, NSW, 2001
Telephone - 1300 737 760
Facsimile - 1300 653 459
Email: enquiries@boardroom.com.au
Website: http://www.boardroomlimited.com.au/
When will I receive my annual tax statement?
Commencing with the 2005/2006 financial year, a tax statement
for the tax year to 30 June is mailed to all Unitholders who have
held an investment in the Trust during that financial year. The tax
statements are typically mailed out 6 - 8 weeks after 30 June each
year.
The tax statement summarises the distributions paid during the
year and includes information required to complete your annual tax
return such as the tax deferred component of the distribution.
Does the Australian Education Trust hold an Annual General
Meeting?
The trust is not required to hold an annual general meeting
unless it chooses to do so. The manager issues announcements,
reports and presentations that are available on this site from time
to time.
How do I contact the Manager?
Go to the Contact Us component of this web page or use the details
below:
Austock Property Management Limited
Level 12, 15 William Street, Melbourne VIC 3000
Telephone: 61 3 8601 2668
Fax: 61 3 9200 2282
Email: property@austock.com
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