FTI Report AUD20m Distributions

In an email sent to investors on 17 December 2013 by Ginette Muller from FTI Consulting, liquidator of the AIF fund previously managed by LMIM, investors were told AUS$20m is being distributed to unit holders. The sum equates to about 42.8% of the fund. The email explained that the fund no longer makes redemption payments, “but rather makes pro-rata equivalent capital distributions to all its' investors, with capital due to investors to be returned over time as the assets of the AIF are sold and sufficient funds are available for distribution”.