CMT Logo

 

 

 

 

 

 

 

1 May 2020



Investor Update



Wind up and repayment:


The Canterbury Mortgage Trust ("CMT") has now made the final payment to investors, with the documentation relating to this transaction delayed due to a software issue, once that is resolved a final PIE certificate will be sent to all investors. This process could take a 7 to 10 days by the time the documents are produced and posted, so we ask that investors be patient while the matter is resolved.


The final recovery in relation to CMT now sits at 93.5 cents in the dollar of the funds originally frozen, which is greater that the initial forecast recovery of 87 cents.


The only other matters remaining will be the completion of the Audited Financial Statements from 1 April 2019 until the date of termination and deregistration of the scheme from the Disclose Register. Once these actions are complete and circulated the wind-up process will be finished.


As the office will be permanently closed once the financial statements have been circulated, investors should ensure they are careful to retain the final PIE tax certificates, as copies will no longer be available.


COVID-19:

CMT's office remains closed to all visitors and as far as staff are able, they will be working from home and responding to investor queries. The preferred communication method during these times is by email, team@cmt.co.nz, staff will be clearing CMT's PO Box periodically and telephone messages regularly.


Please stay safe during this time and further information will be provided as circumstances permit.



Yours failthfully

 

 

Colin Gower


 

For Canterbury Fund Managers Limited

 
 

 

 

 

Financial Statements

 

 

Canterbury Mortgage Trust Annual Report 2019

 

Canterbury Mortgage Trust Annual Report 2018

 

Canterbury Mortgage Trust Annual Report 2017

 

Canterbury Mortgage Trust Annual Report 2016

CMT Annual Reports

 

Previous Annual Reports

 
 

 

 

 

Documents

 

 
 

Investment Transfer Policy

 

Trust Deeds & Wind-up Resolution

 

Previous Updates

 

 
 

Click here to access CMT transfer policy.


 

IRD Press Release 19 June 2019

 

Click here to view the IRD Press Release.

Click here to access deeds and resolution

April 2020

 

March 2020

 

February 2020

 

December 2019

 

Incident Report November 2019

 

August 2019

 

Annual Report Aug 2019

 

July 2019

 

Click here to access previous updates.

 
 

Canterbury Mortgage Trust Group Investment Fund, office of the Manager Canterbury Fund Managers Ltd

Unit 6a, 212 Antigua St, Christchurch 8011 • PO Box 13-229, Christchurch 8141
Phone 03 377 5201 • team@cmt.co.nz