Galaxy Wealth Management Services

Important Investor Information

The government guarantee introduced on bank deposits prompted a sharp increase in redemptions from investment funds across the industry. As a result, a number of funds have announced changes in their redemption policies

Affected investment options are listed below and where the fund manager has issued a supplementary product disclosure statement or information regarding their closure which amends their products, they have been provided. Any changes in redemption processing policies will impact Synergy's ability to facilitate a number of administration requests.

Please discuss these restrictions with your financial adviser, alternatively contact our Client Service Centre on 1800 330 034.


Investment Options		Effective date
AMP Capital Core Property (Class A) Fund		Mon 9 Mar 2009
AMP Capital Enhanced Yield (Class A) Fund		Fri 10 Oct 2008
APN Property for Income Fund		Mon 13 Jul 2009
APN Property for Income Fund No.2		Mon 13 Jul 2009
Aust Unity (W) Mortgage Income Trust		Thu 23 Oct 2008
AXA (W) Australian Income Fund		Wed 5 Oct 2011
AXA (W) Australian Monthly Income Fund		Fri 7 Oct 2011
BT Global Return Fund		Wed 5 Oct 2011
Challenger (W) Hybrid Property Fund		Wed 5 Oct 2011
Challenger Guaranteed Income Fund (CHYF)		Fri 25 Feb 2011
Challenger Howard (W) Mortgage Trust		Mon 20 Oct 2008
Challenger Mortgage Plus Trust		Wed 5 Oct 2011
Charter Hall Umbrella Fund		Fri 24 Oct 2008
Colonial First State (W) G'teed Mortgage Fund		Wed 5 Oct 2011
ING Monthly Income Fund		Wed 5 Oct 2011
OnePath Mortgage No 2 Trust		Fri 24 Oct 2008
Perpetual (W) Monthly Income Fund		Fri 7 Oct 2011
RFM Diversified Agricultural Fund		Mon 13 Dec 2010

The following investments have specified a window for redememptions:

Investment	Window	Notes
APN Property for Income Fund	MONTHLY: closes on 24th of each month	Withdrawal instructions must be with your administration platform 5 business days prior to close date
APN Property for Income Fund No. 2	MONTHLY: closes on 24th of each month	Withdrawal instructions must be with your administration platform 5 business days prior to close date
Aust Unity (W) Mortgage Income Trust	MONTHLY: closes on 22nd of each month	Withdrawal instructions must be with your administration platform 5 business days prior to close date
Challenger Howard (W) Mortgage Trust	31/03/2012, 30/06/2012, 30/09/2012, 31/12/2012	Withdrawal instructions must be with your administration platform 5 business days prior to close date