Frequently Asked Questions
Your investments are not held by iTrust and instead are protected at all times by an ASIC approved Custodian, Perpetual Corporate Trust Limited ACN 000 341 533 (AFSL 392673).
This means no-one else, including iTrust, has access to your investments, and particularly that your investments are held separately from the operations of iTrust. If anything were ever to happen to iTrust, the Custodian would be able to return your investments to you.
As Custodian, Perpetual acts in accordance with a Custody Agreement with iTrust. Perpetual will safe–keep the assets of iTrust, collect the income of iTrust’s assets and act on iTrust’s directions to settle each of the investments of iTrust. For more information about Perpetual’s role, please see the PDS.
When investing with iTrust you should understand:
- Having long term investment goals is a solid approach to investing;
- The value of your investments may rise and fall;
- Investment returns will vary and historical returns may not be the same as future returns;
- Returns are not guaranteed, and there is a chance you may lose money on any investment you make; and
- Laws affecting your investment in a managed investment scheme may change over time.
For further information about our investment methodology and the risks associated with investing with iTrust, please refer to the PDS.
You can withdraw all or part of your investment at any time. You log in to your account, view your dashboard, and click on the withdrawal option, it normally takes up to seven business days to deposit monies in your nominated bank account.
To become an Investor in iTrust you need to be a resident of Australia and satisfy our Investor registration and verification process. To send a Gift via iTrust you need to have an Australian registered bank account.
An outline of the tax implications of investing in iTrust is contained in the PDS. You should seek advice from your financial planner or accountant about how it affects you.
iTrust makes distributions on an annual basis and distributions are reinvested in iTrust. Where a distribution is made, the Guardian will receive a Distribution Statement which sets out the amount of the distribution and the tax nature of the distribution.
Investors also need to consider Capital Gains Tax (CGT) in periods where the Investor sells or transfers their investments. We are not able to provide a CGT calculation or report, however we can provide all transaction and distribution information to allow you, or your accountant, to calculate this.