Maple-Brown Abbott (MBA) has assumed responsibility for the distribution of the Imputation and Australian Geared Equity Funds to third party intermediaries and their clients. The change follows the acquisition of the management rights for those Funds from Advance Asset Management Limited. To support the change and to ensure that it is business as usual, MBA has appointed Ironbark Asset Management (Ironbark) to provide distribution services. Ironbark is currently responsible for the distribution of over $2.0 billion in fund assets. MBA’s long relationship with Advance will continue as they will still be the Responsible Entity for the funds and all client service functions such as client reporting and the call centre will remain with Advance over the medium term. About the Funds MBA has been the investment manager of the Imputation Fund since its inception in 1986 and similarly, the Australian Geared Equity Fund since 2002. Australian Geared Equity Fund The Maple-Brown Abbott Australian Geared Equity Fund offers the benefits of a convenient, cost effective gearing strategy with potentially higher returns and risk, and added tax efficiency. The Fund, which borrows to invest in ASX listed shares, aims to provide investors with a total investment return (before fees and taxes) that outperforms the S&P/ASX200 Accumulation Index over periods of five years or longer.