Quote Originally Posted by iceman View Post
It is silly how difficult it is to find but in the "product disclosure statement" on their website, this is what it says:
"How will your investment be taxed?
Each fund is a listed portfolio investment entity (PIE).
As a listed PIE, each fund will pay tax on taxable income
at the rate of 28%. See section 6 for more information."
Is that flat rate 28%? I was under the assumption PIEs pay tax at RWT of UP TO 28% max. ?