New investors

Do you need to include all pages of the application form?

Yes. You need to include all pages of the application form even if they are left blank or you do not feel they are relevant.

What is the minimum investment?

The minimum investment for each Fund is $50,000. The minimum additional investment for each Fund is $5,000. IML may waive these minimum amounts in certain circumstances, such as investments by platforms or IDPS providers.

Do you need to have an adviser to invest?

While an adviser can help identity your financial goals and decide whether an investment is suitable to your needs you are still able to invest directly with us. To invest directly in one of our funds you must carefully read the relevant Product Disclosure Statement, together with the Investment Guide, that is available on our website to ensure you understand the Fund and the risks involved. You can download the application form from our website. Follow the instructions on the application form. Once completed, provide your supporting identification documents required under the Anti-Money Laundering and Counter Terrorism Financing Act 2006 of Australia and send via mail to our Investment Administrator. You will also need to either deposit your application monies directly into the Fund's bank account or attach a cheque to your application.

Is it necessary to fill in FATCA?

The Foreign Account Tax Compliance Act (FATCA) 2010 requires United States persons, including those who live outside the United States to report their financial accounts. As a result we require our investors to fill in this section. If you do not fill this section out, IML will follow-up with you in order to receive the required FACTCA information.

When filling in the details for the EFT transfer the name won’t fit in the account name for the bank details – Does this matter?

Some banks do not allow enough space to enter all of your account name details. You may shorten your account details to RBC IML [Name of Investor]. Please put in enough of your account name so that it is easy to apply to your application.

Existing investors

If doing a transfer, do you also need to submit an application form?

Yes. You will need to submit a current application form to comply with the current legislation including FATCA notification, and you may also need to provide us with AML/CTF documentation for verification purposes if the new entity has not previously been identified for AML/CTF purposes.

Do you accept scanned and emailed copies of the additional application form?

No. Our unit registry will only accept a faxed copy or the original document.

Can we use an old application form?

No. All applications must be submitted on the current application form for the Fund found under the How to Invest section of this website. If you do send your application on an old application form, we will contact you and ask that you complete the current application form. We may choose to retain the AML/CTF verification documents so that you do not need to send these into us again as long as you have provided all the requested documents.

Do you have to fill in the application form again for an additional application?

To make an additional investment please complete the additional investment form found under the How to Invest section of this website. This form can be faxed or mailed to RBC’s Registry Department. The address and fax number for RBC’s unit registry can be found at the bottom of the additional investment form.

General enquiries

How can I access previous Guides and Forms

If you require a previous version of a PDS or Investment Guide please contact us.

What is IML’s Platform Availability?

IML’s funds are available on most leading platforms. Please contact your state representative for more information.

How often are distributions paid?

All of our Funds generally distribute half yearly, with the exception of the Investors Mutual Equity Income Fund that generally distributes quarterly. IML’s website will display distribution details including cum, ex prices and cpu as well as a timetable for any current distributions.

What about liquidity?

It is IML’s intention that each Fund is liquid. You may withdraw part or all of your investment on a daily basis. However, should you wish to partially redeem your investment, your account balance cannot fall below the minimum of A$50,000.

Can we get hard copy PDS / Application forms?

Yes. Please request a hard copy to be mailed to you by emailing trading@iml.com.au and include your address details, or call us at 02 8224 0520.

I want to move from a platform to my own self managed super fund, what do I need to do?

Initially, you will need to confirm that the holding is above the $50,000 minimum required for all Funds. You can then transfer the unitholding using an standard transfer form. You may be required to pay stamp duty to the Office of State Revenue, depending upon the details of the transfer. Payment can be made online at the website of the Office of State Revenue at www.osr.nsw.gov.au.

You will also need to complete a new application form and send this with the transfer form, and any certified copies of your AML/CTF documents.

All documents must be mailed directly to RBC’s unit registry department. The address is found on page 2 of the application form. The transfer will take approximately 4 days to process, depending upon the details of the transfer.

Alternatively you can redeem all your units, and then complete a new application form once you have received the funds.

Contact us for further information.

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