Information about the proposed change in Responsible Entity for the registered scheme OneVue Managed Account

Update on timing of change in Responsible Entity

On 6 March 2018, the current responsible entity OneVue RE Services Limited, ABN 94 101 103 011, AFSL 223271 (OVRE) of the OneVue Managed Account ARSN 112 517 656 (the Registered Scheme) issued a notice to investors in the Registered Scheme advising them of their right to request a vote regarding the proposal to change the responsible entity to OneVue Wealth Services Limited ABN 70 120 380 627, AFSL 308868 (OWS).

OVRE was required to hold a vote if:

  • investors who together hold at least five percent of the total value of the interests held by investors; or
  • 100 investors who are entitled to vote

asked for a vote on the choice of the proposed responsible entity by giving written notice to OVRE by 27 March 2018 (being 21 days after the notice was issued).

One (1) investor has replied to request a vote be held. This number is less than 100 investors and represents less than five percent of the total value of the interests held by investors.

Accordingly, no vote is required to be held.

OWS will therefore become the Responsible Entity of the Registered Scheme following completion of the Share Sale Agreement between OneVue Holdings Limited and EQT Holdings Limited, when ASIC updates its register to record OWS as the Responsible Entity.

An update will be posted in the Newsroom on when that occurs.

Click here for background information.

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