360 CAPITAL GROUP LIMITED ASX Release | Media Release
360 Capital Industrial Fund
22 January 2016
Managed Investment Trust Notice for Custodians and other Intermediary Investors
360 Capital Investment Management Limited as responsible entity of the 360 Capital Industrial Fund (Fund or ASX code: "TIX") considers the Fund is a managed investment trust for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 in respect of the financial year ending 30 June 2016.
Set out below are the estimated taxable components of the distribution to be made on or about 27 January 2016. These components are provided solely for the purposes of Subdivision 12-H of the Taxation Administration Act 1953 (Cth) and should not be used for any other purpose. The components are estimates only - the actual components for the income year ending 30 June 2016 will be advised in August 2016.
Component | Cents per TIX Unit |
Other Australian Taxable Income | 3.243 |
Interest income | 0.011 |
Tax deferred | 2.121 |
Total distribution | 5.375 |
For the purposes of section 12-415 of Schedule 1 of the Taxation Administration Act 1953, this distribution includes "fund payments" in respect of the financial year ending 30 June 2016 as follows:
TIX 3.243 cents per Unit
Australian resident unitholders should not rely on this notice for the purposes of completing their income tax returns. Details of the full year components of distributions will be provided in the annual tax statement which will be sent to unitholders in August 2016.More information can be found on the ASX's website at www.asx.com.au using the Fund's ASX code "TIX", on the Fund's website www.360capital.com.au, by calling the 360 Capital investor enquiry line on 1800 182 257 or emailing investor.relations@360capital.com.au
Alternatively, please contact:
Ben ButlerFund Manager
360 Capital Industrial Fund
+61 2 8405 5672
Head of Investor Relations 360 Capital Group
+61 2 8405 8872
360 Capital Industrial Fund is an ASX-listed Fund focused on passive rent collecting from warehouse and logistics properties in Australia in the $10.0 million plus range. The Fund has strong, defensive, income-focused investment fundamentals via a diversified $874 million portfolio of 38 quality assets, a weighted average lease expiry of 4.9 years, occupancy of 99.8% and a forecast FY16 distribution of 21.6cpu. The Fund is externally managed by 360 Capital Group, a leading ASX-listed real estate investor and fund manager that operates under a transparent fee structure and is the largest unitholder in the Fund to ensure ongoing alignment of interests with Unitholders.
360 Capital Group is an ASX-listed, property investment and funds management group concentrating on strategic investment and active investment management of property assets. The company actively invests in direct property assets, property securities and various corporate real estate acquisitions within Australian real estate markets on a private equity basis. 360 Capital Group's 18 full time staff have significant property, funds and investment management experience. 360 Capital Group manages nine investment vehicles holding assets valued at over $1.5 billion on behalf of over 12,000 investors and has over $200 million worth of co-investments across the 360 Capital Group.
Level 8, 56 Pitt Street Sydney NSW 2000 | T +61 2 8405 8860 | Fax +61 2 9238 0354 | E: investor.relations@360capital.com.au| W: www.360capital.com.au
360 Capital Investment Management Limited ABN 38 133 363 185 AFSL 340 304 as responsible entity of the 360 Capital Industrial Fund ARSN 099 680 252
360 Capital Group issued this content on 2016-01-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-22 00:44:08 UTC
Original Document: http://www.360capital.com.au/assets/Latest-News/01TIX-ASX-Dec-15-Qtr-MIT-220116.pdf
