Important information regarding Sandhurst managed funds – fees and costs
Sandhurst has undertaken an annual review of our Managed Funds’ fees and costs in relation to the financial year ended 30 June 2023. As a result, we have updated the required Product Disclosure Statements (PDS).
For up-to-date fees and costs of these Funds, please refer to the PDS updates effective as of the dates below:
| Fund name | Effective date |
| Sandhurst Conservative Fund | 20 November 2023 |
| Sandhurst Balanced Fund | 20 November 2023 |
| Sandhurst Growth Fund | 4 December 2023 |
| Bendigo Conservative Index Fund | 20 November 2023 |
| Bendigo Balanced Index Fund | 20 November 2023 |
| Bendigo Growth Index Fund | 20 November 2023 |
| Bendigo High Growth Index Fund | 20 November 2023 |
| Bendigo Defensive Wholesale Fund | 4 December 2023 |
| Bendigo Conservative Wholesale Fund | 4 December 2023 |
| Bendigo Balanced Wholesale Fund | 4 December 2023 |
| Bendigo Growth Wholesale Fund | 4 December 2023 |
| Bendigo High Growth Wholesale Fund | 4 December 2023 |
| Bendigo Socially Responsible Growth Fund | 4 December 2023 |
| Sandhurst Industrial Share Fund | 4 December 2023 |
| Sandhurst IML Industrial Share Fund | 4 December 2023 |
| Sandhurst Strategic Income Fund | 4 December 2023 |
As part of the same review, the two funds listed below have not had any changes made to their fees and costs. For the current fees and costs of these two Funds, please refer to the PDS effective as of the dates below:
| Fund name | Effective date |
| Adelaide Cash Management Trust | 14 September 2022 |
| Bendigo Defensive Index Fund | 31 May 2023 |
All Fund PDS's and updated PDS’s are available on the Managed Funds Forms page.
So that you can better understand how fees and costs work please read the support guide for understanding fees and costs disclosure.
Changes to terms and conditions applying to investments in the Sandhurst Investment Term Fund (ITF)
If you are an investor in the ITF, you will have received a recent communication from Sandhurst advising you of upcoming changes to the terms and conditions of your investment. These changes will only take effect if you decide to renew or rollover your investment on or after 9 November 2023.
If you decide to renew or rollover your investment on or after 9 November 2023, the new terms and conditions that will apply to your investment will be the terms and conditions that are set out in the current version of the Application Form that can be found on our website at Bendigobank.com.au/managedfundsforms.
Summary of changes made to the pre-9 November 2023 Application Form
The changes make it clear that:
- Investments in the ITF are made on the terms contained in the Application Form and the Constitution (or Trust Deed) of the ITF;
- Sandhurst cannot exclude liability for its fraud or negligence, or that of its employees, agents and receivers;
- Investors' obligations in connection with Anti-Money Laundering/Counter-Terrorism Financing laws only extend to matters they are aware of;
- Sandhurst will always exercise its rights as trustee of the ITF in accordance with the law.
If you have any questions, please contact us on 1800 634 969 or visit your nearest Bendigo Bank branch.
Important information about The Bendigo Superannuation Plan
On 27 September 2023, Bendigo and Adelaide Bank ABN 11 068 049 178 AFSL 237879 (Bendigo Bank) announced it had signed an agreement to sell Bendigo Superannuation Pty Ltd ABN 23 644 620 128 AFSL 534006 (Bendigo Super) to Betashares Australia Holdings Pty Ltd, subject to certain conditions and regulatory approval.
This decision does not impact the managed funds offered within Bendigo Super, which are looked after by Sandhurst Trustees Limited ABN 16 004 030 737 AFSL 237906 (Sandhurst). Sandhurst continues to be a wholly owned subsidiary of Bendigo Bank.
Adelaide Cash Management Trust - changes to fees and charges
The transaction service provider for the Adelaide Cash Management Trust, Adelaide Bank, is making changes to the below fees, effective 1 September 2023.
|
Fee name |
Current fee |
New fee |
| Bank@Post Withdrawal | $2.55 | $4.00 |
| Bank@Post Deposit | $2.55 | $4.00 |
Please refer to the Transaction Services Guide and the PDS for more information on all fees and costs.
Cheques are on the way out
With the ongoing decline in cheque usage, our transaction service provider, Bendigo Bank, is working towards phasing out cheques.
Australia’s payment landscape is changing. More Australians are leaving behind their chequebooks and choosing simpler, more reliable and immediate electronic payments. This decline has led to Bendigo Bank introducing some changes to the way cheque payments are supported.
The following changes will apply:
For new accounts
- From 1 August 2023 - cheque books will not be available on new accounts opened by new or existing customers.
For existing accounts - cheque book replacement
- From 1 September 2023 - we will no longer automatically issue you a replacement cheque book once you exhaust your existing cheque book. If you would like a replacement cheque book you will need to contact us or visit a branch of Bendigo Bank and request a replacement cheque book.
- From 1 November 2023 - replacement cheque books will no longer be available to order on existing accounts. Customers with existing cheque books will be able to retain these and continue to use as normal until otherwise advised.
Additional Investments
- From 29 September 2023 - cheques will no longer be accepted for additional investments into the Adelaide Cash Management Trust (ACMT).
- From 28 October 2023 - cheques will no longer be accepted for additional investments into the Sandhurst Cash Common Fund (CCF).
Alternatively, additional investments can be made by BPAY or direct debit.
Withdrawal Requests
- From 28 October 2023 - we will no longer be posting cheques for payment of withdrawal requests from the Sandhurst Cash Common Fund (CCF).
Withdrawals can be paid by direct credit to your nominated account. Additionally, you can use online and phone banking, debit cards (for ACMT only) and third party direct debit services of Bendigo Bank. Please refer to the most up to date Product Disclosure Statement (PDS) at the time you are making a withdrawal for more information.
As we move towards the overall removal of cheques as a payment service, we will keep you updated on the timing of any additional changes.
Important information regarding the Sandhurst Cash Common Fund (CCF)
Sandhurst has identified that from March 2022 to October 2022, the fees and costs disclosed in the transaction statement message ‘Fees and costs deducted from your investment’ was inaccurate.
This is a disclosure error only and did not impact the actual fees and costs CCF investors paid to Sandhurst.
A summary of what was presented on your statement and what was actually being charged is tabled below:
| Period | Fees and costs deducted from your investment as disclosed in your transaction statement | Actual fees and costs deducted from your investment |
| March 2022 | 0.182% p.a. | Estimate 0.25% p.a. |
| April 2022 | 0.182% p.a. | Estimate 0.36% p.a. |
| May 2022 | 0.182% p.a. | Estimate 0.53% p.a. |
| June 2022 | 0.182% p.a. | Estimate 0.89% p.a. |
| July 2022 | 0.182% p.a. | 1.03% p.a. |
| August 2022 | 0.182% p.a. | 1.03% p.a. |
| September 2022 | 0.182% p.a. | 1.03% p.a. |
| October 2022 | 0.182% p.a. | 1.03% p.a. |
| November 2022 | 1.03% p.a. | 1.03% p.a. |
Should you have any questions, please visit your local Bendigo Bank branch.
Important information regarding Sandhurst managed funds – fees and costs
Sandhurst has reviewed the fees and cost disclosures across its products, and impacted PDS's have been updated effective 31 May 2023.
Updated PDS's are available on the forms page.
So that you can better understand how fees and costs work please read the support guide for understanding fees and costs disclosure.
Sandhurst Select 90 Fund and Sandhurst Investment Term Fund – minimum investment balance
Sandhurst would like to remind investors the minimum investment balance within these accounts is $2,000. If investors do not maintain the minimum investment balance, Sandhurst may redeem their interests in the fund and pay the proceeds to the investor.
For further information please refer to the relevant PDS available on our website.
Wind up of the Sandhurst Future Leaders Fund
The Sandhurst Future Leaders Fund has now been wound up, effective 18 April 2023. All unitholders have previously been informed about this closure via a letter issued on 9 January 2023. For further information please view the letter and FAQs sent to unitholders.
Change to transaction statement frequency disclosure in PDS for Sandhurst Select 90 Fund (SS90F) & Sandhurst Cash Common Fund (CCF)
Sandhurst identified the frequency of transaction statements issued to selected investors of SS90F and CCF in practice was different to the frequency indicated in the PDS of the respective funds.
Sandhurst has since updated the disclosure in the PDSs. The change in PDS disclosure does not affect the operations of both funds or the statement frequency you are currently receiving.
Should you wish to update your transaction statement frequency, you can do so at any time by visiting your local Bendigo Bank branch.
Removal of foreign cheques and bank drafts
Due to evolving customer preferences, a global decline in the use of paper cheques and fewer in-person foreign cheque and bank draft payment requests, the Bendigo Bank (including Sandhurst Trustees) is making changes to the services we provide as follows:
For new application, deposit or withdrawal on or after 7th April, 2023 we will no longer accept foreign cheque deposits or provide Bank Drafts in any currency. From 30th June 2023, this change will also apply to all existing funds of Sandhurst Trustees.
Should you have an ongoing need to:
- Receive funds from outside of Australia, you can receive payments through an international money transfer (also known as a telegraphic transfer) directly to your Sandhurst fund. The funds will arrive in your account as 'cleared funds' so you will have immediate access, and with e-Banking you can monitor payments from your home or office.
- Send funds outside of Australia, you can send payments by telegraphic transfer in Branch or through e-Banking1.
Wind up of the Sandhurst Future Leaders Fund
Managed Funds
Sandhurst will write to Sandhurst Future Leaders Fund unitholders advising of the wind-up of the fund on 9 January 2023. The fund is closed to new applications as of 19 December 2022. The termination date has been set as 18 April 2023. For further information please view the letter and fact sheet to be sent to unitholders.
Sandhurst Select Mortgage Fund name has changed to Sandhurst Select 90 Fund
The Sandhurst Select Mortgage Fund changed its name to the Sandhurst Select 90 Fund effective 20 September 2022.
Over time the fund’s investment portfolio has increased its exposure to assets such as mortgage-backed securities, which provide exposure to mortgage assets, but they are not direct mortgages. As a result of the change in the fund’s investment portfolio after careful consideration Sandhurst has determined that the name ’Sandhurst Select 90 Fund’ better reflects current investment practices and asset allocations of the fund. Customers were notified in writing this week. An updated copy of the product disclosure statement (PDS) is available on our website.
Update for Sandhurst Investment Term Fund
Over time, Sandhurst Investment Term Fund’s investment portfolio has increased its exposure to assets such as mortgage-backed securities, which provide exposure to mortgage assets but they are not direct mortgages.
The investment portfolio continues to align with the fund’s investment strategy of providing investors with mortgage exposure and continues to produce the desired level of return. An updated copy of the product disclosure statement (PDS) can be found on our website.
Wind up of the Bendigo Diversified Fixed Interest Fund
Managed Funds
The Bendigo Diversified Fixed Interest Fund has now been wound up, effective 14 September 2022. All unitholders have previously been informed about this closure via a letter issued on 8 August 2022. For further information please view the letter and FAQs sent to unitholders.
Important information regarding Sandhurst managed funds – Buy sell spread changes
Managed Funds
The buy-sell spreads for Sandhurst managed funds have been updated and are now available. Please click below to view them.
Bendigo Super 2021/22 - Year in Review
Join chief executive officer Justin Hoare and chief investment officer Thad McCrindle to reflect on the 2021/22 financial year.
Bendigo Super 2021/22 Year in Review
I’m Justin Hoare, Chief Executive Officer of Bendigo Superannuation.
And I’m Thad McCrindle, Chief Investment Officer.
The last financial year was a big one for our fund.
On the 1st May 2022, we welcomed Bendigo Superannuation as our new trustee.
Bendigo Superannuation is a wholly owned subsidiary of Bendigo and Adelaide Bank, and prides itself on looking after our members’ best interests.
During the last financial year, we welcomed more than 2,200 new members and I thank those members for choosing us. That took us to over 19,600 members in total, making up 1.48 billion in funds under administration.
Importantly 2,000 members chose to make a voluntary contribution to us, over and above what is required. We also made payments to more than 2,500 members to enable them to enjoy their retirement.
I understand that many of you might be nervous about market movements in Australia and globally. Please rest assured, that we have a team of specialist focused on ensuring that your investments are well looked after.
I will now handover to Thad to talk a little bit more about that.
We’ve seen volatile markets in the new year, really driven by interest rates and the war in the Ukraine. Both of these were quite unexpected and that has resulted in negative returns across most investments. For example, Australian shares as measured by the ASX 200 was down about 6.5% for the financial year.
And in contrast, the economy’s been performing well. Unemployment is the lowest it’s been in almost 50 years.
So the war in Ukraine has interrupted food and energy supplies. These price rises plus others have led to the highest inflation we’ve seen in almost 20 years. Early in 2022 the Reserve Bank of Australia reversed course and began raising interest rates rapidly. This is likely to continue given the level of inflation and strong employment conditions.
Investment market volatility has led to negative returns in Shares and Bonds and a reduction in many superannuation members’ balances.
My team manages each investment option and pleasingly we’ve been conservatively positioned for the recent market volatility. We will adjust from this conservative positioning when we believe the outlook is improving.
Investment returns over the long term are higher when prices fall. Despite negative returns in the past 6 months, long-term returns for all of the investment options on Bendigo Smart Super remain positive. The Bendigo Growth Index Fund, our most popular investment option, has returned 8.54% over the past 10 years.
It’s understandable you may be worried about your superannuation investment balance, but it’s important to remember that superannuation is a long-term investment that is generally only accessible in retirement. Therefore, it’s important you make sure, that your investment options suit your personal needs and risk appetite. Letting compounding do its work.
As custodians of your retirement savings, we want to make sure we’re here to support you. Support that will not only maximise your retirement outcomes, but will also help your overall financial wellbeing.
Our online Education Hub is a great place to get you started. It includes educational articles to help support you in maximising your retirement savings.
Or, if you prefer to speak to someone, you can request a call from one of our wealth specialists.
Our next Annual Member Meeting will be held in February 2023, where you have the opportunity to hear us in a live online forum. All members will receive an invite later in the year, please don’t forget to register. We look forward to giving further update then.
Disclaimer
Superannuation products are issued by Bendigo Superannuation Pty Ltd (Bendigo Superannuation) ABN 23 644 620 128 AFSL 534006, a subsidiary of Bendigo and Adelaide Bank Limited (the Bank) ABN 11 068 049 178 AFSL 237879. Bendigo Superannuation and the Bank receive remuneration on the issue of products or the services they provide, full details of which are contained in the Product Disclosure Statement (PDS). Past performance is not an indication of future performance. Investments in these products are not deposits with, guaranteed by, or liabilities of the Bank or any of its related entities. This video is prepared by Bendigo Superannuation and contains general advice only. Please consider your situation and read the relevant PDS available from bendigobank.com.au/super before making an investment decision. To see target market determinations please refer to bendigobank.com.au/TMD
Wind up of the Bendigo Diversified Fixed Interest Fund
Today Sandhurst wrote to the unitholders advising of the wind-up of the Bendigo Diversified Fixed Interest Fund. The fund is closed to new and additional applications as of 8 August, 2022. The termination date has been set as at 14 September, 2022. For further information please view the letter and fact sheet sent to all unitholders.
Current buy-sell spreads
The buy-sell spreads for Sandhurst managed funds have been updated and are now available. Please click below to view them.
Important information regarding Sandhurst managed funds – Buy sell spread changes
Managed Funds
The buy-sell spreads for Sandhurst managed funds have been updated and are now available. Please click below to view them.
Important information about the Adelaide Cash Management Trust (CMT)
The management fee for your CMT will increase from 0.26% p.a. to 0.50% p.a. effective 4 July 2022.
Between May 2019 and March 2020, the Reserve Bank of Australia (RBA) reduced the official cash rate from 1.50% to 0.10%. As a result of this Sandhurst Trustees Limited (Sandhurst) temporarily reduced the management fee to ensure investors continued to receive a return above the cash rate.
The RBA increased the official cash rate in May 2022 for the first time in over 11 years and after a careful review Sandhurst has made the decision to return the management fee to 0.50% p.a. in accordance with what it was earning prior to the rate reductions in 2020.
Sandhurst are committed to delivering competitive returns to investors. This fee change will assist in covering the costs incurred in managing the Fund and to ensure it remains financially sustainable.
If you have any questions, please call our Client Services Team on 1800 224 124 or email us at managedfunds@sandhursttrustees.com.au
Current buy-sell spreads
The buy-sell spreads for Sandhurst managed funds have been updated and are now available. Please click below to view them.
Extension of temporary reduction in superannuation minimum drawdown requirements
The Australian federal government has recently announced an extension of the temporary reduction in superannuation drawdown rates for a further year, until 30 June 2023.
Important information about the Trustee of Bendigo SmartStart Super and Bendigo SmartStart Pension
The Trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension is changing from Sandhurst Trustees Limited to Bendigo Superannuation Pty Ltd (Bendigo Super) as of 1 May 2022.
Bendigo Super is a newly established subsidiary company of Bendigo and Adelaide Bank Limited. It has been established with the purpose of being the Trustee of the Bendigo Superannuation Plan (BSP) and looking after the interests of the BSP and its beneficiaries. Bendigo Super has been issued all relevant licences and authorisations by the regulators to operate as a Superannuation trustee.
There will be no change to the products or operation of members’ accounts and no action is required from members. However, as a result of this change, the product disclosure statement (PDS), letters and forms, including the direct debit form, will be updated to reflect the new trustee details.
Existing members of the BSP were notified of the upcoming change to the Trustee, please see a copy of the Significant Event Notice that was mailed to members here. Bendigo Super will follow any instructions members have given to Sandhurst, including continuing to process any direct debits from their superannuation or pension accounts, without interruption.
Please see the new leadership team including Board members and executive here.
Current buy-sell spreads
The buy-sell spreads for Sandhurst managed funds have been updated and are now available. Please click below to view them.
Current buy-sell spreads
The buy-sell spreads for Sandhurst managed funds have been updated and are now available. Please click below to view them.
Current buy sell spreads
The current buy/sell spreads for Sandhurst managed funds are available please click below to view them.
Wind up of the Bendigo Global Share Fund
The Bendigo Global Share Fund (Fund) has now been terminated on 9 February 2021. Final distributions are payable to remaining unitholders on or before 23 February 2021. All unitholders have previously been informed about this closure via letters issued on 9 November 2020 and 21 January 2021. For further information please view the FAQ’s sent to unitholders.
Important information regarding Sandhurst managed funds – Buy sell spread changes
Managed Funds
Following a recent review, many of our managed funds sell spreads are changing from November 2020 rates to reflect the current transaction costs.
Wind up of the Bendigo Global Share Fund
Managed Funds
On 9 November 2020, Sandhurst wrote to the unitholders advising of the wind-up of the Bendigo Global Share Fund. The termination date has been set as 9 February 2021. For further information please view the Notification of fund termination and FAQ sent to unitholders.
Important information regarding Sandhurst managed funds – Buy sell spread changes
Managed Funds
Following a recent review, some of our managed funds sell spreads are decreasing from August 2020 rates to reflect the lower transaction costs.
Important information regarding Sandhurst managed funds – Buy sell spread changes
Managed Funds
Following a recent review, many of our managed funds sell spreads are decreasing from June 2020 rates to reflect the lower transaction costs.
Year in review 2019/2020 – hear from our Chief Investment Officer
Superannuation and Managed Funds
Sandhurst Trustees Superannuation and Managed Funds invest in various market sectors (eg: shares, property, cash) which are being impacted by the current environment. However, the market volatility we are experiencing and may continue to experience in the short-term, is a normal response to a significant economic event. Have a listen to our Chief Investment Officer talk a little more about this and the impact it has had regarding our Funds.
Hi, I'm Thad McCrindle. I'm the Chief Investment Officer for Sandhurst Trustees. I run the investment team. We're doing a video today to talk a bit about the economy and our funds. How they would have been and some outlook, as we move from one financial year into a new one.
The obvious place to start in this kind of update would be to talk about COVID-19. I'm not a health expert, so I'm not going to talk about the specifics of the virus. But what I will say is there's been a big impact on economies. Obviously, a big impact on health of individuals and a lot of impact on work practises and really how the economy functions. The markets reacted quite negatively to this event in March and that's a follow on after the devastation of the bush fires in Australia in summer.
We see those coming together. Whilst we did have a lot of government stimulus to try to counteract the unemployment and I guess the impacts on small business, in particular, the result of all that is we end up with the first recession in 30 years here in Australia. Now, that's pretty negative. If I talk about markets, it was a bit of a roller coaster ride. We had pretty strong returns early in the year. In fact, all the way through to February 2020, when I'm talking about the financial year, of course. In March, as I said before, quite a sharp sell-off. Global equities were up almost 20% before that sell-off and they finished up 4% for the year. In Australia, the markets didn't fare as well. We had some more headwinds and we finished down 8% and I'm talking about equities or shares in that example. Something you'll probably all be familiar with is interest rates. They fell 1% through the year as the Reserve Bank of Australia moved to support the economy.
One of the really interesting aspects of the year gone is that defensive assets or more capital stable investments outperformed the riskier assets. Bonds, cash to term deposits, those kinds of investments, were the strongest performers. When I look at the performance of our own funds, we see, see that reflected. Those investments with more growth exposures, if I take the balance wholesale fund, for example, delivered about a one and a half percent return for the year. If I contrast that, at offensive index fund, which is mostly invested in bonds and cash, delivered about 3% returns for the year.
We're really pleased with our active managers. They managed to find the right kinds of investments to navigate pretty challenging conditions and they've added about one and a half percent this year. Now, if I think about the year ahead, I think that in the near term, we're probably going to have some more choppiness, some more uncomfortable moments, but probably some surprising moments.
It's unlikely that we've seen the end of COVID 19. Recession's ongoing and the case counts in recent days has hit all-time highs across the globe. This one isn't finished yet. That could scare markets and lead to lower returns. But on the other side, governments have really shown their appetite to support the economy and Central Banks like the Reserve Bank or the Federal Reserve in the United States have also shown a lot of support. When they move and when they support and react, that probably leads to better returns on things like shares. A bit up and down, now that suits what we do really well. We're quite a nimble agile investor and there are lots of opportunities or relative opportunities in that environment for us to capitalise on.
Probably the only thing I'd say with a bunch of conviction is, the conditions that probably will stand for the remainder of 2020 are not likely to lead to a big change in interest rates. They're close to the floor and it's very unlikely, there's good reasons for them to rise. I think if you've got a mortgage, if you invest in term deposits or other cash products, I think rates are unlikely to move materially from where they are at the moment.
I might finish with that and thank you all very much for your time. This video is the first in a series. We will keep you updated on markets, our funds and on some other things from time to time. Look out for more from me and probably some of my portfolio managers in the future. Hopefully, not in an abandoned warehouse-type situation, this building is next time. Thanks.
Important information regarding Sandhurst managed funds – Buy sell spread changes
Managed Funds
In light of changing market conditions, Sandhurst managed fund transaction costs are being regularly reviewed. The first review was conducted in March 2020. During the review, we found a significant increase in market volatility has particularly impacted liquidity in fixed income markets. Reduced liquidity level has caused transaction costs to rise, which was more evident in sell spreads across our managed funds.
Government early super release COVID-19 - Applications are closed
Superannuation
In April 2020, the Australian Government provided a stimulus package in response to the COVID-19 pandemic. Measures included income support for individuals, additional payments to support households and temporary limited access to your superannuation fund. Applications for access to your superannuation closed on 31 December 2020. For the latest information, please go to www.treasury.gov.au/coronavirus/households for further information.
Share market volatility and COVID-19
Superannuation and Managed Funds
The disruption to businesses, share markets and consumers globally from COVID-19 continues to evolve and is currently reflected in share market and investor confidence. In response, global central banks are lowering interest rates and governments are implementing various stimulus packages and preventative measures.
Market Update EOFY Special Newsletter Edition
Managed Funds
The 2018/19 financial year ended with the Reserve Bank of Australia (RBA) lowering the cash rate by 25 basis points to 1.25 per cent. This cut did not come as a surprise. On 2 July 2019, RBA declared another 25 basis points cut and brought the cash rate down to historical low 1%. The two consecutive cuts were officially announced to boost employment and inflation, especially under the spill over effect of trade wars between U.S. and China and uncertainties surrounded around Brexit.
Sandhurst Strategic Income Fund assigned a SUPERIOR investment rating by Australia Ratings
Managed Funds
Read the full investment rating report from Australia Ratings.
Notice of amendment to constitutions
Managed Funds
A new tax regime applying to managed investment schemes was enacted on 5 May 2016. We have recently amended a number of Sandhurst managed fund constitutions in order to facilitate the operation of a new tax regime.
The Sandhurst managed fund constitutions which have been updated are set out in the notice of amendment to constitutions.
Sandhurst is excited to launch their new Online Application Form
Managed Funds
Sandhurst has made it easier to start investing. The Online Application Form encompasses the following managed funds:
- Sandhurst Select Mortgage Fund
- Sandhurst Cash Common Fund
- Sandhurst Investment Term Fund
- Sandhurst Strategic Income Fund * - Class A Units
- Bendigo Socially Responsible Growth Fund
- Sandhurst Conservative Fund
- Sandhurst Balanced Fund
- Sandhurst Growth Fund
- Sandhurst Industrial Share Fund
- Sandhurst Future Leaders Fund
If you are a wholesale client as defined under the Corporations Act or have over $500,000 to invest in the Sandhurst Strategic Income Fund you will need to apply for Class B Units using our paper Application Form
BPAY® is now available
Managed Funds
BPAY is a secure payment facility that enables you to make additional investments into the Sandhurst managed fund of your choice. Using BPAY means no paperwork; making it easier for you to make additional investments. To make contributions using BPAY, you will need the following information which can be found on your Transaction Statements:
- your BPAY Reference Number (a unique reference number used to identify your account when you make a deposit using BPAY)
- the Biller Code for the managed fund you wish to invest in.
For a list of Biller Codes and eligible managed funds please see our BPAY information page.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
Your personal information
Sandhurst Trustees has reviewed and updated its privacy disclosure to comply with reforms to the Privacy Act 1988 (Cth) which were introduced on 12 March 2014. These reforms may impact the way we communicate with you and how your personal information is collected, used and disclosed.
We have always taken great care to protect your personal information and have improved some of the ways we do things so that we comply with the new laws and so that you can feel even more assured about the confidentiality and security of personal information you provide to us. Sandhurst's Privacy Disclosure Statement provides important information in relation to how we collect, use and disclose your information when we provide you with a product or service. You can also access our Privacy Policy online or by telephoning us on 1800 634 969.
To find out more about the changes to privacy laws visit www.oaic.gov.au.
