Issuer's description of this product:
Units in PMG Direct Childcare Fund
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Closing date
This is when this offer closes to investors.
Scheme type
This is a property investment scheme, either residential or commercial.
Key facts
Provider website
Minimum total to be raised
The issuer of this investment has indicated that a minimum of $12,600,000 must be raised before it is issued.
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
PMG Direct Childcare Fund Product Disclosure Statement 21 September 2020.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
PMG Direct Childcare Fund - Audited Financial Statements 2020 .pdf
PMG Direct Childcare Fund - Audited Financial Statements 2019.pdf
PMG Direct Childcare Fund Prospective Financial Information 21 September 2020.pdf
Flat Bush Property Building Report.pdf
Section 60 FMCA Consent from Bayleys.pdf
Section 60 FMCA Consent from Jones Lang LaSalle.pdf
Section 60 FMCA Consent from Rebbeck Dunn Watters.pdf
Valuation Report for 17 Catherine McLean Road, Pukekohe – Jones Lang LaSalle.pdf
Valuation Report for 173 Bill Richardson Drive, Invercargill – Jones Lang LaSalle.pdf
Valuation Report for 154 Hibiscus Coast Highway, Red Beach – Jones Lang LaSalle.pdf
Valuation Report for 6 - 8 Merfield Road, Glen Innes – Jones Lang LaSalle.pdf
Valuation Report for 58 Ormiston Road, Flat Bush – Jones Lang LaSalle.pdf
Valuation Report for 10 - 18 Shakespeare Avenue, Enderley – Jones Lang LaSalle.pdf
Valuation Report for 102 - 130 Pinecrest Drive, Gulf Harbour – Jones Lang LaSalle.pdf
Valuation Report for 25 Spitfire Drive, Blenhiem – Jones Lang LaSalle.pdf
Valuation Report for 26 Dynes Road, Rolleston – Bayleys Valuation Limited.pdf
PMG Direct Childcare Fund Other Material Information 21 September 2020.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
SIPO - PMG Childcare - Oct 2024.pdf
Strategies and objectives for this investment
Additional details
Scheme manager
Name
PMG PROPERTY FUNDS MANAGEMENT LIMITED
Type
NZ Limited Company
Website
NZBN
9429038892080
FSP Number
Supervisor
Name
COVENANT TRUSTEE SERVICES LIMITED
Offer details
Date registered
21 September 2020
Date opened
28 September 2020
Date closing
29 October 2020
Further payments may be required
No
Restrictions on transfer
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12950: OFFER OF UNITS IN PMG DIRECT CHILDCARE FUND
Scheme
SCH12951: PMG DIRECT CHILDCARE FUND
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. pmgfunds.co.nz