Change of Investment Manager
On or around 2 November 2020, Ironbark Asset Management (Fund Services) Limited as the responsible entity intends to change the underlying fund in which the Ironbark LHP Diversified Investments Fund (the ‘Fund’) invests. The Fund will invest into the Fulcrum Diversified Absolute Return Fund, which is managed by Fulcrum Asset Management.
We recognise that investors are seeking Alternatives products that are highly liquid and cost competitive. We have taken this feedback onboard and continue to refine our Alternatives offerings to ensure the ongoing relevancy of our product set. The investment manager of this Fund will change, offering the following enhancements to investors;
– a substantial reduction in management costs
– daily liquidity, and
– access to a highly regarded and successful investment manager in Fulcrum.
Following an extensive due diligence process, we selected the Fulcrum Diversified Absolute Return Fund, managed by Fulcrum as the underlying fund in which the Fund invests.
We believe the benefits of this change is in the best interests of investors in the long term.
A new Product Disclosure Statement (‘PDS’) and Application Form for the Fund will be issued on or around 2 November 2020.