Appointment of delegated investment manager for International Shares

Pendal Institutional Limited has made the decision to appoint Barrow, Hanley, Mewhinney & Strauss, LLC (Barrow Hanley) to manage a portion of the international shares for the Funds as a delegated investment manager. This change will take effect on 31 October 2023.

As a result, effective from 31 October 2023, the international shares of the Funds will now be managed by Barrow Hanley in addition to J O Hambro Capital Management Limited and Pendal Institutional Limited.

Why are we making the change?

We have decided to implement this change because we believe it is in the best interests of investors and we expect the change will deliver improved investment outcomes for the Funds over the medium to long term.

What will stay the same?

The investment objective, benchmark and management fee for each Fund will remain unchanged.

What do you need to do?

No action is required.

If you have any questions about your investment or would like further information regarding the changes, please contact our Investor Services Team on 1300 346 821 (for Australian investors) or +612 9220 2499 (for overseas investors) from Monday to Friday, 8.30am to 5:30pm (Sydney time). For any questions regarding how this change may impact your own financial situation, we recommend that you speak to your financial advisor and/or tax accountant.