Peters MacGregor Global Fund
Finding value in world-class businesses
To our Unit-holders,
After almost 20 years of investing our client’s hard earned savings, I have decided to close our Global Fund, return your investments and convert to a family office.
All unit holders were notified in writing by me in January and over 99% of your investment was remitted to your bank account on Friday 15th February. Those with no bank account details on file have had a cheque mailed.
The remainder of your investment will be distributed as soon as the final accounts and audit are completed which should be sometime in March. These processes always take time and hence why we felt it was important to return the bulk of your investment last week. Statements for this return of capital have also been emailed and mailed out. Please email any information requests to registry@mainstreamgroup.
Michael Haddad, my long term co-portfolio manager, will be continuing on with our bespoke Individually Managed Account (IMA) service, which has been utilised by many clients over the past two decades. Investors interested in discussing the potential to continue with Michael via this IMA service are encouraged to contact him to discuss options on 0404 809230 or at firstname.lastname@example.org.
The team and I certainly appreciate the long-term support we’ve received from you and thank you for the trust and confidence you placed in us. We wish you all the very best and I personally look forward to remaining in contact with many of you.
Please feel welcome to contact me personally at the office on 02 93322133 should you have any questions.