Issuer & Securities
AIMS PROPERTY SECURITIES FUND
AIMS PROPERTY SECURITIES FUND - AU000000APW5 - BVP
Date &Time of Broadcast
Announcement Sub Title
Submitted By (Co./ Ind. Name)
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below-Refer to the Online help for the format)
AIMS Fund Management Limited, the Responsible Entity of the AIMS Property Securities Fund (the Fund ) is providing the market with the following update.
The current market conditions are uncertain, as a result of the COVID-19 pandemic. In the best interests of the Fund s Unitholders, the prudent course of action is to cease distributions from the June quarter onwards. This will strengthen the Fund s financial position, in the event of unforeseen future capital requirements.
This position will be regularly reviewed and distributions will be reinstated, once the market presents clear signs of recovery and stability.
AIMS Property Securities Fund - Announcement - Distributions Halt.pdf
Total size =112K