2 July 2019

Investment Manager Update | Denning Pryce

A notice was published on 4 April 2019 to advise that the Investment Manager Denning Pryce has made the decision to exit the managed funds business. Following a review of the funds, we anticipate that the funds will close in July 2019 as follows:

  • Ironbark Denning Pryce Global Tailored Income Fund ARSN: 136 845 148 will close on 26 July 2019, and
  • Ironbark Denning Pryce Australian Tailored Income Fund ARSN: 622 132 816 will close on 25 July 2019.

What this means for you
If you are an investor in the Denning Pryce funds, you can redeem your investment by 19 July 2019. You can redeem from these funds by completing a withdrawal form located in the Resources section of the website.

If you have not redeemed your investment in the Denning Pryce funds by this time, your investment will be automatically redeemed on the fund closure date (stated above). Your redemption proceeds will be paid to your bank account that we have on record. If you wish for your proceeds to be paid to a different bank account, please complete the withdrawal form with new bank account details, located in the Resources section of this website.

We reserve the right to close the funds earlier if we believe to do so would be in the best interest of unitholders. We will notify you of any further changes that may impact your investment.

If you have any questions in respect to any of the information above, please contact the Ironbark Client Services team on 1800 034 402.

Yours sincerely,

Ironbark Asset Management (Fund Services) Limited