1     How do I invest in PPIF

Please download the PDS.

You can apply via https://investor.automic.com.au/#/w/PPIF (recommended) or alternatively, you can apply using the application form contained in the PDS and post to Automic Group, Level 5, 126 Phillip Street Sydney NSW 2000.

2     How do I access the Investor Website (https://investor.automic.com.au/#/home)

Access the Investor website. You will need to register and create your login details. To login to Automic website you will need your Investment Reference and password. To obtain your Investor Number or password, please contact the Automic Investor Services Team on 1300 943 885.

 3     My login is not working – who do I contact?

Please contact Automic Investor Services Team on 1300 943 885 or via email primewest@automicgroup.com.au

4     How do I change my address, bank account or adviser details?

You can manage any changes to your details via InvestorOnline facility            (https://investor.automic.com.au/#/home).

 5     What can I access in the Investor Website (Automic)

The Investor website contains all the relevant information regarding your investment, including your Unit Holding, Unit Values, Distribution Statements, Tax Statements, Annual Reports, withdrawal request forms and all other correspondence.

6     How are distributions paid?

Any distribution payable will be deposited monthly, directly into your nominated bank account.

7     When will I receive updates on my investment?

Each Investor receives monthly distribution statements (found online).

8     Can I sell my investment?

The Fund offers Investors the opportunity to withdraw their investment monthly, on a limited basis, subject to Fund liquidity and the terms outlined in the PDS .

9     Can I transfer my units?

You can transfer your units in the Fund via an off-market transfer with another investing entity. In order to complete a transfer please read the transfer form available from our Automic Investor website for detailed instructions. Primewest cannot guarantee or facilitate the transfer of units.

10     Copies or originals?

The application form asks you to send us certain documents. Please send us certified copies, not originals. We will keep what you send to us.

11     Certified documents

You must have someone certify the copies you send to us. The following people can certify documents.

• a Justice of the Peace
• a Notary public (for the purposes of the Statutory Declaration Regulations 1993)
• an agent of the Australian Postal Corporation who is in charge of an office supplying postal services to the public
• a permanent employee of the Australian Postal Corporation with 2 or more years of continuous service who is employed in an office supplying postal services to the public
• an officer with, or authorised representative of, a holder of an Australian financial services licence, having 2 or more continuous years of service with one or more licensees
• an officer with 2 or more continuous years of service with one or more financial institutions (for the purposes of the Statutory Declaration Regulations 1993)
• a finance company officer with 2 or more continuous years of service with one or more finance companies (for the purposes of the Statutory Declaration Regulations 1993)
• a member of the Institute of Chartered Accountants in Australia, CPA Australia or the National Institute of Accountants with 2 or more years of continuous membership
• a person who is enrolled on the roll of the Supreme Court of a State or Territory, or the High Court of Australia, as a legal practitioner (however described)
• a Judge of a court
• a magistrate
• a chief executive officer of a Commonwealth court
• a registrar or deputy registrar of a court
• a Police officer
• an Australian consular officer or an Australian diplomatic officer (within the meaning of the Consular Fees Act 1955).

12     What should the person certifying write?

“I [name] of [address] being [capacity e.g. Justice of the Peace] certify this and the following [x] pages as a true copy of the original document.” The first page should be signed, and subsequent pages initialled, by the person certifying your documents and include the date of certification and contact details.

13     What is Weighted Average Lease Expiry (WALE)

A Weighted Average Lease Expiry (WALE) represents the average time period when all leases in a property will expire and is an indication of the security of future income streams to investors. It is calculated using the rental income from each lease but weighted by the amount of income or space within the asset.

14     What is an open-ended unlisted fund?

Unlisted funds issue you with units in a trust. They are not quoted on the Australian Securities Exchange (ASX), or any other exchange, and they cannot be traded on the ASX or any other exchange at any time.

Open-ended means that investors can continually top up their investments at any time and the fund can continue to issue units to Investors. The fund can then acquire new properties to diversify the portfolio.

An open-ended fund does not have a fixed term, which means it can continue to grow over a longer duration.

15    What are the benefits of investing in the Fund ?

The benefits of investing in the Fund :

Income paid monthly

Growth – by investing in a varied portfolio of assets, the Fund aims to achieve long term capital growth.

Diversification – The strategy for the Fund is to build a diverse portfolio of assets across office, industrial, healthcare, social infrastructure, and retail property assets.

Liquidity – Although property is normally a long-term investment, a benefit of the Fund is our intention to offer investors the opportunity to withdraw part of their investment at select intervals (subject to Fund liquidity and the terms as per the PDS).

16 What are the risks of investing in the Fund?

Property Investment Risks can include:

Values and sale prices – the ongoing value of a property is influenced by many factors including supply, demand, rentals, lease terms, government regulation and legislation, property markets, and of course economic conditions.

Revenue – the Fund’s income will be largely dependent upon tenants paying rent in accordance with lease terms. We have a leasing team whose job it is to ensure properties always remain tenanted.

Acquisitions – we will seek to progressively acquire a diversified portfolio of commercial property assets for the Fund. Our highly experienced Asset Management Team will ensure that all acquisitions will be made thoughtfully.

Capital expenditure – Capital expenditure will be required to maintain the assets in the Fund’s portfolio. We typically have an allowance for capital expenditure when managing the Fund’s properties.

Environmental – Property income or valuations of the Fund’s properties could be adversely affected by the discovery of an environmental contamination. Our role as asset managers is to ensure the Fund’s properties are always correctly looked after, and environmental inspections are carried out in our due diligence procedures prior to purchase.

Development – Development of properties can be very profitable but not without risk. If the Fund invests in development assets, then we will work to ensure all risks are minimized.

Fund Investment Risks can include:

Liquidity – Investors can request a withdrawal of their investment in the Fund in limited circumstances.  While we intend to offer investors a limited monthly withdrawal facility and a periodic withdrawal facility after five years, we are under no obligation to do so.  There may be circumstances where we are unable to offer investors an opportunity to redeem their investment in part or at all.

Debt – The Fund will have debt. Debt will magnify the effect of any movements in the value of the Property.

Interest rates – Interest rates on debt and deposit facilities may rise and fall. Changes in interest rates can affect Fund distributions negatively or positively.

Please see Section 6 of the PDS for a full list of the risks that apply to an investment in the Fund.