Notice of PDS Update

We have updated and reissued the Product Disclosure Statements (PDSs) for the following funds effective on and from Monday, 2 September 2024. 

• Barrow Hanley Concentrated Global Share Fund
• Barrow Hanley Concentrated Global Share Fund No. 2
• Barrow Hanley Concentrated Global Share Fund No. 3

(each a Fund, together the Funds).

The following is a summary of the key changes reflected in the PDS for each Fund.

Updates to significant risks disclosure

Each Fund’s investment strategy involves specific risks.

We have updated the significant risks disclosure applicable to each Fund to ensure that our disclosure continues to align with the nature and risk profile of each Fund and the current economic and operating environment.

Updates to ongoing annual fees and costs disclosure

The estimated ongoing annual fees and costs for each Fund have been updated to reflect financial year 2024 fees and costs. These include changes to estimated management costs and estimated transaction costs.

We now also disclose the maximum management fee we are entitled to charge under each Fund’s constitution.

Updates to restrictions on withdrawals

We have updated the disclosure on restrictions on withdrawal to align closer to what is in each Fund’s constitution.

Updates to our complaints handling process

We have provided additional details about our complaints handling process and the Australian Financial Complaints Authority.