FAQ

Frequently Asked Questions

Listed below are responses to a number of frequently asked questions from prospective and current shareholders:

How do I invest in Cadence Capital Limited (CDM)

Cadence Capital Limited is listed on the Australian Securities Exchange (ASX) and trades under the ASX code:CDM. Buying (or selling) CDM is the same as buying (or selling) BHP or CBA on the ASX. You can buy and sell directly through an online or full service broker, or you can speak to your financial planner or adviser who can invest in CDM on your behalf. For more information visit our How to Invest page.

What are the differences between Cadence Capital Limited (CDM) and Cadence Opportunities Fund?
  Cadence Capital Limited (ASX: CDM) Cadence Opportunities Fund (unlisted)
Trades on ASX Yes No
Daily liquidity Yes No
Investment price Current share price quote on ASX NTA  
Minimum investment No minimum No minimum, currently only open to Sophisticated Investors
Distribution frequency Interim and Final Dividends may be declared Interim and Final Dividends may be declared
NTA frequency Monthly Monthly
Suitable for retail investors Yes Yes, but currently only taking subscriptions from Sophisticated Investors
Suitable for SMSFs Yes  Yes, but currently only taking subscriptions from Sophisticated Investors
Fees

Cadence Capital Limited:

Cadence Asset Management charges a Management Fee of 1% pa.

In addition, Cadence Asset Management Pty Limited is to be paid, annually in arrears, a performance fee, being
20% of:
• where the level of the All Ordinaries Accumulation Index has increased over that period, the amount by
which the level of the portfolio exceeds this increase, or
• where the All Ordinaries Accumulation Index has decreased over that period, the amount of the increase in
the value of the portfolio.

It is important to note that no performance fee is payable in respect of any performance period, where the portfolio has decreased in value over that period.

Cadence Opportunities Fund:

In return for the performance of its duties under the Investment Management Agreement, the Manager is entitled to be paid monthly a Management Fee equivalent to 1.25% (plus GST) per annum of the Value of the Portfolio (calculated on the last Business Day of each month and paid at the end of each month in arrears).

In addition to the Management Fee, the Manager is entitled to a fee (Performance Fee) equal to 15% (plus GST) of the Portfolio’s performance over each 12 month period subject to a high-water mark mechanism.

Change of Shareholder contact details

Please send any change in shareholder contact details (change of address, phone, email) through to our share registry, Boardroom Pty Limited. Please update your change in email address for our monthly newsletter by emailing us

What is the current NTA of CDM and Cadence Opportunities Fund

Net Tangible Asset (NTA) information is published in our monthly newsletters.  Also included in the monthly newsletters is a summary of investment performance and the fund’s top portfolio positions.

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