Easy Access To Your Money
If you invest in the Midlands Smarter PIE Fund, your money is on call.*
That means you can access it when you need it.
No penalties. No withdrawal fees. No worries.
*Note: we do have the right to suspend or defer withdrawals in some particular circumstances. Read our PDS to find out more.
If you invest in the Midlands Smarter PIE Fund, your money is normally on call. That means funds will be deposited into your verified bank account three business days after receipt of a completed withdrawal request*.
Completed withdrawal notified
Withdrawal paid
Monday
Thursday
Tuesday
Friday
Wednesday
Monday
Thursday
Tuesday
Friday
Wednesday
Saturday & Sunday
Thursday
To withdraw funds from the Midlands Income Wholesale Fund, you must complete the Withdrawal Form.
Please note that for the protection of our investors, we will only pay withdrawals into the verified bank account on file.
Another day will be added to the notice period if a public holiday falls with the three day period.
If you need funds more regularly to top up your income, you can also now set up a regular withdrawal from your investment.
To instigate a one-off or regular withdrawal. Please complete our withdrawal form, which will require all signatories to physically sign the form.
*Withdrawals are governed by the provisions of the Midlands Funds Management Product Disclosure Statement and Governing Document. The withdrawal form must be completed accordance with account signing rules, with all necessary authorisers signing the withdrawal form. For the protection of our investors, we will only pay withdrawals into the verified bank account on file. Please note we have the right to suspend or defer withdrawals in some particular circumstances. For more important information about withdrawals, see our PDS.
“If you suddenly need some money it can be in your bank within a few days”
— Happy Midlands Customer
If you have an investment in the Midlands Income Wholesale Fund, your funds are not on call. The withdrawal notice periods are outlined below.
INVESTMENT WITHDRAWAL NOTICE REQUIRED
Less than $500,000
30 days notice to withdraw some or all of your funds
More than $500,000
60 days notice to withdraw some or all of your funds
More than $1,000,000
90 days notice to withdraw all or some of your funds.
To withdraw funds from the Midlands Income Wholesale Fund, you must complete the Withdrawal Form.
Please note that for the protection of our investors, we will only pay withdrawals into the verified bank account on file.