We’re pleased to announce that the Lakehouse Global Growth Fund has moved to daily unit pricing. Meaning that potential investors are able to apply for (and be allotted) additional units on a daily basis rather than a weekly timeframe.
We’re pleased with the change, as we think this is a better experience for those self-directed investors who want to take advantage of the inevitable bouts of market volatility.
The Lakehouse Global Growth Fund focuses on investing in mid- to large-capitalisation global growth companies in developed markets. Big picture, we’re backing market leaders with long growth runways.
Why go global?
The cold reality is that 98% of the world’s equity market value is listed outside Australia, and everyday household names — including the world’s most dominant, valuable technology companies — are not listed in Australia. Think everyday giants like Visa and Google’s parent, Alphabet, both of which I hold personally and are held in the Lakehouse Global Growth Fund.
For those investors who are looking for international exposure and to diversify away from an Australian market dominated by slow-growing banks and miners, the Lakehouse Global Growth Fund could be a complementary strategy to consider.
For more information on how to invest, please click below:
Investing in the Fund is a big decision for investors and it’s important to make an informed choice. Potential investors should read and consider the new Product Disclosure Statement, dated 15 February 2019, (and seek professional advice) when deciding whether to acquire units in the Lakehouse Global Growth Fund. And while the PDS is the definitive guide, we’d welcome any follow-up questions potential investors may have about the Fund and its strategy. We can be contacted at [email protected] or 02 8294 9800.
Joe Magyer, CFA
Chief Investment Officer
How to Invest
Investments can be made directly via a Product Disclosure Statement (PDS) application form
Via a platform
APIR: OMF1140 AU
- Read the Product Disclosure Statement
- Complete the online application form
- Transfer funds
For your convenience, we’ve created this brief 3-minute instructional video to guide you through the application process. Includes details regarding immediate online ID verification, applying via an entity eg: SMSF, making payment via BPAY, and more.
Handy hint! Get prepared by having identity documents (such as driver’s licence and passport) along with tax file number, ready.
Existing Investors: Adding to investment
To add to your investment simply BPAY the payment and Registry will confirm additional units in the Fund. No further action is required. Biller code: 276428.
As an existing investor you are able to make additional payments to top-up your investment in the Fund at any time. Existing investors who make additional payments via BPAY (using their investor profile ID number as the reference) do NOT need to fill out an application form. To add to your investment simply BPAY the payment and Registry will confirm additional units in the Fund.
Existing Lakehouse Small Companies Fund Investors: investing in the Lakehouse Global Growth Fund
Any existing Lakehouse Small Companies Fund investor who wants to apply for units in the Lakehouse Global Growth Fund — using the same entity — will have a much shorter application experience.
This brief 2-minute instructional video guides existing Lakehouse Small Companies Fund investors through the shortened application form. Includes details on a specific check-box to tick for identity purposes, and where to find your market value statement.
For any questions about the application form please contact One Registry Services at: [email protected] or 02 8188 1510.
The Lakehouse Global Growth Fund appears on the following third party platforms:
- Hub24 IDPS
What is an mFund?
An mFund product is an unlisted managed fund admitted for settlement under the ASX Operating Rules and available to investors through the mFund Settlement Service. The ASX rule framework supports the mFund Settlement Service by ensuring all parties, including stockbrokers, product issuers and unit registrars, are accountable for their roles and responsibilities. This rule framework underpins the high level of standards expected of services delivered by ASX.
What is the mFund Settlement Service?
The mFund Settlement Service enables you to buy (apply for) and sell (redeem) units in units in the Lakehouse Global Growth Fund through a process offered by the ASX.
You can easily buy (apply for) and sell (redeem) units in this unlisted managed fund via a participating broker and the transactions are settled using CHESS, ASX’s world-class electronic settlement system.
Your holdings in this fund are held electronically and can be linked to the same Holder Identification Number (HIN) used to hold other investments transacted through ASX.
This means you can track your investments in this fund using the same systems you use for shares and other securities. So now it’s faster and more convenient than ever before to diversify your portfolio.
Benefits of investing through the mFund Settlement Service
- Access to a broad range of unlisted managed funds through a central hub and a participating stockbroker or adviser relationship.
- Easier transaction and administration of unlisted managed fund investments, including the ability to use an existing stockbroking account to access unlisted managed funds.
- More-timely access to a wider range of information about unlisted managed funds, including unit prices and related announcements.
- Same high level of settlement certainty investors enjoy with shares.
- Easier to change between unlisted managed fund investments.
Lakehouse Global Growth Fund available through the mFund Settlement Service
mFund code: LKH01
How to invest in Lakehouse Global Growth Fund via mFund
- Research the mFund Settlement Service and unlisted managed funds available through this service.
- Contact a participating broker, which can be either a full service or online broker. Click here to see the list of available brokers on the mFund website.
- Read the relevant fund Product Disclosure Statement (PDS) for the chosen unlisted managed fund and the accompanying Additional Information book including other relevant managed fund summaries and reports.
- Instruct your broker with a buy or sell order and make payment for new units in the Lakehouse Global Growth Fund.
- Once your transaction is complete an mFund confirmation and CHESS statement will be sent to you.
By using CHESS, orders for units are sent electronically, this enables progress of orders to be monitored, and at settlement for unit balances to be recorded on your HIN alongside other investments; providing greater transparency over your holdings.
Find out more about mFunds
Sole use and confidentiality: This report has been prepared by Lakehouse Capital Pty Limited (ABN 30 614 957 603, authorised representative of AFSL 400691) and by its officers, employees and agents (collectively “Lakehouse”) for the sole use of its clients as a record of the performance of their investment. The contents of this report are confidential, and the client may only disclose such contents to its officers, employees or advisers on a need to know basis, or with the prior written consent of Lakehouse.
Disclaimer: The responsible entity for the Lakehouse Global Growth Fund (ARSN 621 899 367) is One Managed Investment Funds Limited (ACN 117 400 987) (AFSL 297042) (“OMIFL”). The information contained in this document was not prepared by OMIFL but prepared by other parties. All of the commentary, statements of opinion and recommendations contain only general advice and have not taken into account your personal circumstances. This report contains general financial product advice only. Any investment in Lakehouse or OMIFL products need to be made in accordance with and after reading the Product Disclosure Statement (PDS) and Additional Information Booklet (AIB) dated 11 December 2017, and investors should consider the PDS before deciding whether to invest in the Fund or continue to hold units in the Fund. The opinions, advice, recommendations and other information contained in this report, whether express or implied, are published or made by Lakehouse in good faith in relation to the facts known at the time of preparation. Information is current as at the date of the letter, unless otherwise noted. Past performance is not indicative of future performance. The PDS and AIB can be obtained by visiting www.oneinvestment.com.au/lakehouse
Limitation of liability: Whilst all care has been taken in preparation of this report, to the maximum extent permitted by law, neither Lakehouse or OMIFL will be liable in any way for any loss or damage suffered by you through use or reliance on this information. Lakehouse and OMIFL’s liability for negligence, breach of contract or contravention of any law, which cannot be lawfully excluded, is limited, at Lakehouse’s option and to the maximum extent permitted by law, to resupplying this information or any part of it to you, or to paying for the resupply of this information or any part of it to you.
Disclosure: Lakehouse, its directors, employees and affiliates, may, and likely do, hold units in the Lakehouse Global Growth Fund and securities in entities that are the subject of this report. Copyright: Lakehouse owns the copyright to this publication. Its contents may be used for your own personal use, but you must not (without Lakehouse’s consent) alter, reproduce or distribute any part of this publication, transmit it to any other person or incorporate the information into any other document.