Distribution Update

Plantation Capital Limited as the Responsible Entity (RE) of the Passive Income (USA Commercial Property) Fund has decided to bring forward the June 2020 distribution and pay it on 15 May. The distribution will be at 7.5 cents per unit, 50% more than the last distribution, and will be paid in cash (i.e. no reinvestments will be allowed for this distribution option). The next distribution is expected to be declared in December 2020, however it may be earlier if we manage to sell several properties as planned. The next redemption period is tentatively scheduled for September 2021.

 

General Advice Warning: This information is of a general nature only and does not take into account your objectives, financial situation or needs. You should consider the Product Disclosure Statement (dated 4 July 2018) issued by Plantation Capital Limited ACN 133 678 029 AFSL 339481 in deciding whether to acquire an interest in the Passive Income (USA Commercial Property) Fund. PropertyInvesting.com Pty Ltd is an authorised representative of Plantation Capital Limited ABN 98 096 059 353, AFSL 339481. Past performance is not a guarantee of future performance.