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Why are there delays on processing withdrawals during July?

delays July withdrawals
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Why are there delays on processing withdrawals during July?

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A. During July there may be delays in issuing unit prices due to finalising year-end distributions. While unit prices are unavailable, we are not able to process transactions, including withdrawals. Please note that this delay will not affect the value of your investment or the value of any transactions made during the year-end period. When unit prices are issued, transactions will be processed for the day they were received and accepted. We endeavour to obtain the prices and process transaction requests as quickly as possible. Back to top Q. Will the regular withdrawal plan for Perpetual WealthFocus Investment Advantage (formerly Perpetual’s Investor Choice Fund) and Perpetual WealthFocus Investment Funds (due on 26 July 2010) be affected by the unit price freeze? A. Yes, we expect the regular withdrawal plans to be affected by the unit price freeze. We need to wait until the unit prices come in for all funds before regular withdrawal plan payments are processed. Once we have the unit

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