Redemption Requests - MDIF

Please refer to Sections 3.14 to 3.19 (inclusive) of the Product Disclosure Statement (PDS) for full details in respect of the redemption of Units in the Trust.

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Subject to the terms of the PDS, where the Trust is liquid, Investors may redeem their units in the Trust on a monthly basis on the Redemption Date by providing a written redemption request in accordance with the PDS. Redemption requests must be received by the Responsible Entity at least 10 Business Days prior to the last Business Day of the month.

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It is expected that the Responsible Entity will satisfy Redemption Requests within 15 days of the relevant Redemption Date however, under the Constitution the Responsible Entity has up to 180 days from the relevant Redemption Date to pay redeeming Investors their redemption proceeds. In certain circumstances the Responsible Entity may suspend or stagger redemptions in accordance with the Constitution. Further information is available in the PDS.

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Defined terms have the meaning given to them in the PDS. For ease of reference:

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Business Day means a day on which banks are open for general banking business in Sydney, Australia.

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Redemption Date means the last Business Day of each month.