1.
KEY INFORMATION
This is a summary only. This PDS should be read in full before making any decision to apply for Units. Question
Answer
For more information
A. About the Lowell Resources Fund and Investment Overview What is the Lowell The Lowell Resources Fund (Fund) is a unit trust which was established on 21 January 1986 Resources Fund? and has been registered as a managed investment scheme under the Corporations Act since 2000. What is the Fund’s ASX code? Who are the Responsible Entity and the Investment Manager of the Fund?
LRT.
Section 4
Page 8
Cremorne Capital Limited [ACN 006 844 588] (Responsible Entity) is the responsible entity of the Fund.
Sections 4 &5
Lowell Resources Fund Management Ltd [ACN 006 769 982] (Investment Manager) is the investment manager of the Fund. What experience does the Investment Manager have?
The Investment Manager was appointed as investment manager of the Fund on 6 January 2004 and operates through an investment committee which concentrates the experience and knowledge of individuals who have direct working experience in the oil & gas and minerals industries, as well as broking, banking and funds management.
Section 5
What are the Fund’s investment objectives?
The investment objectives of the Fund are to maximize absolute returns to Unitholders over the medium to long-term, along with annual distribution payment contingent on taxable profits generated over the term. (Note, Units issued under this PDS will not carry an entitlement to receive distributions paid in respect of the 2022 financial year.)
Section 3.3
What is the Fund’s investment strategy?
The Investment Manager employs a top-down investment strategy, with an ultimate focus on optimising the stock selection process to achieve maximum performance.
Section 3.3
Commodity weighting is an important process, whereby bullish commodity sectors Page 9 of 91
