FAQ

General

What support does Manning offer to new investors throughout the onboarding process?

If you have any questions during the application process, please reach out to Boardroom at manningam@boardroomlimited.com.au and CC operations@manningam.com.

How often will I receive reports on my investment?

Distribution statements are sent monthly, around the 10th Sydney business day. You will also receive a contract note summarising your investment once your units have been issued. If you are subscribed to our Monthly Performance Update, you will also receive a monthly factsheet and market commentary.

What tax reporting will I receive as an investor?

The Fund Administrator, Boardroom, will send an annual tax statement with a breakdown of your distributions for the financial year. Tax statements are usually sent in mid to late August.

When are redemptions paid?

Redemptions are typically paid on the 10th Sydney business day of the following month.

How do I place a redemption request?

If your investment was made through a Financial Adviser, please contact them directly. For direct investors, please email operations@manningam.com for a redemption form. Redemption requests can also be lodged online via your InvestorServe portal. Requests must be submitted at least ten (10) Sydney business days before the end of the month to be processed in the following month.

How do I apply for an additional investment in the fund?

If you are an existing investor, you can complete the one-page form by selecting 'Apply as an Existing Investor' on the Online Application Form. You will need your unitholder number (starting with a 'U'), which can be found on your contract notes or monthly distribution statement.

What payment methods are accepted for funding my investment?

You can fund your investment through Direct Debit, BPAY, or Electronic Funds Transfer (EFT). Detailed instructions will be provided during the application process. If you have chosen Direct Debit (instead of BPAY or EFT) as your method of payment, the Direct Debit will occur four (4) Sydney Business days prior to the last business day of the month. Please ensure your nominated account is sufficiently funded and allows for Direct Debit to avoid any delays. If your application was made within the last four (4) Sydney business days of the month, please use EFT or BPAY as your method of funding.

How do I start investing in the Funds?

You can apply online via our website by clicking on the Fund’s page and selecting 'Fund Application.' The platform will guide you through a step-by-step application process. You’ll be able to verify your identity online and upload the necessary documents to finalise your application. If anything is missing or if we require further information, our Fund Administrator, Boardroom, will be in touch. For any questions regarding the process, please email Boardroom at manningam@boardroomlimited.com.au. Once your application is finalised and funded, you will receive an automated email from Boardroom confirming that no further action is required.

Who can invest in the Funds?

Investment in the Funds is restricted to investors who qualify as ‘wholesale clients’ under Chapter 7 of the Corporations Act 2001. You are eligible if:

• You invest at least $500,000

• A Qualified Accountant certifies that you have net assets of $2.5 million

• A Qualified Accountant certifies that you have earned at least $250,000 annually for the last two years

• You are a professional investor, such as an AFS Licensee or an entity controlling assets of $10 million or more.

Manning Monthly Income Fund

When will I receive a Distribution Statement outlining my distribution for the month?

Distribution Statements are sent monthly to all investors approximately on the 10th Sydney business day of the month.

When are monthly income distributions paid to investors?

Monthly income distributions are paid to your nominated account around the 10th Sydney business day of each month if you elected to receive them. If you opted for reinvestment, your updated holding will be reflected on your InvestorServe portal and Distribution Statement.

When will I receive the contract note acknowledging my new investment in the Fund?

Contract notes for new investments are sent on approximately the 10th Sydney business day of each month.

I have made a new application for the Fund, when will my account be direct debited?

If you have chosen Direct Debit (instead of BPAY or EFT) as your method of payment, the Direct Debit will occur four (4) Sydney Business days prior to the last business day of the month. Please ensure your nominated account is sufficiently funded and allow for Direct Debit to avoid any delays. If your application was made within the last four (4) Sydney business days of the month, please use EFT or BPAY as your method of funding.

What is the minimum investment required?

The minimum investment for the Fund is $25,000.

Is there an application timing cut-off?

The Manning Monthly Income Fund accepts applications on a monthly basis. We must receive your application at least one (1) Sydney business day before the end of the month.