Entrust Funds Management (EFM) is the Responsible Entity for the Esplanade Property Fund, the Entrust Investment Fund and The 40 Market Street Trust.
The Directors of Entrust Investment Fund are pleased to announce a final distribution of 3.50 cents per unit for the year ending 30 June 2010.
The Directors of the Esplanade Property Fund are pleased to announce a final distribution of 0.2 cents per unit for the year ending 30 June 2010.
Entrust Funds Management Ltd, the Responsible Entity of the 40 Market St Trust, advises the following in respect to the valuation of the property located at 40 Market St, Melbourne:
Entrust Funds Management Ltd (Entrust) is pleased to advise that it has fixed the current outstanding debt of the Trust ($23m) at a total annual rate of 7.99% for the period to 28 June 2012.
By fixing the rate at 7.99% per annum, when taking into account the floating rates paid to date the average interest rate to 28 June 2012 will be approximately 7.85% per annum.