How to Redeem

Before you Redeem

Please read the following important points about the redemption process:

  • There may be tax consequences associated with a redemption from the fund. You should always seek professional financial and tax advice before deciding whether to redeem from the fund.
  • For joint accounts, all applicants must sign the redemption instruction
  • The fund deals on the first Thursday of every calendar month (the Dealing Day)
  • The deadline for receipt of redemption instructions is 2pm (Australian Eastern Standard Time) on a Dealing Day
  • Redemption proceeds can only be paid into the bank account nominated at the time of your subscription, as specified in section 4 of the fund's Application Form

The Redemption Process

To make a redemption from the Orbis MIS Global Equity Fund:

  • Fax or post your written redemption instructions to:
    State Street Australia Limited
    Unit Registry Services
    Level 7
    State Street Centre
    338 Pitt Street
    Sydney NSW 2000
    Facsimile: +61 2 9323 6411 or +61 2 9323 6420
  • Redemption instructions must include the following:
    • Account name
    • Account number
    • Redemption amounts (units or dollar amount)
    • Signature of all account holders
  • Payment of funds will generally be available within 7 Business Days after the Dealing Day