Aurora recently advised that the Trust listed under the ASX Code ABW will now invest solely into the unlisted Aurora Fortitude Absolute Return Fund (AFARF). This offers investors the flexability of being able to access the award winning Absolute Return Fund through an ASX listed investment vehicle.
The listed Trust charges no additional fees, as all fees are charged in the unlisted AFARF. The listed Trust facilitates liquidity by allowing daily trading on the ASX, as well as offering an off market monthly redemption mechanism through the Product Disclosure Statement (PDS). A new PDS will be issued shortly for investors that would like to review this investment opportunity.
The existing unlisted AFARF continues to operate as a separate, daily priced investment Fund. Existing investors in this Fund will not be impacted by the new listed investment Trust.