The Daintree Hybrid Opportunities Active ETF (ASX: DHOF) is making its final distribution and redemption payments as it completes wind-up, returning over $9.64 per unit to unitholders in total.
- Final distribution of 64.82 cents per unit paid on 7 July 2026
- Estimated final redemption payment of 899.44 cents per unit due 10 July 2026
- Fund closure follows earlier termination announcement in April 2026
- Unitholders must ensure bank details are registered for electronic payments
- Remaining units to be cancelled post final payments
Final Wind-Up Payments Announced for DHOF
Perennial Investment Management Limited has confirmed the last financial distributions for the Daintree Hybrid Opportunities Active ETF (ASX:DHOF) as it wraps up operations. Unitholders will receive a final income distribution of 64.82 cents per unit on 7 July 2026, followed by an estimated redemption payment of 899.44 cents per unit on 10 July 2026. Together, these payments represent the culmination of the fund’s wind-up process, returning capital from realised assets after income has been distributed.
Context of Fund Closure and Payment Details
This announcement follows the fund termination notice issued on 9 April 2026. The final redemption payment is an estimate and may be adjusted prior to payment, reflecting the net proceeds from liquidating the fund’s portfolio of Australian and global hybrid securities and cash. After these payments, any remaining units will be cancelled, effectively ending the fund’s existence.
Unitholders are reminded that distributions will be paid electronically only. To ensure timely receipt, investors must register their bank account details with the registry, SS&C Solutions Pty Ltd. Annual tax statements will be provided after the financial year’s end to assist with tax reporting.
Investment Strategy and Manager Background
The DHOF ETF aimed to deliver a steady income stream and total returns exceeding the RBA Cash Rate by investing in a diversified portfolio of hybrid securities and cash. Managed by specialist absolute return cash and fixed income manager Daintree Capital, the fund’s wind-up marks the end of its lifecycle under Perennial Investment Management Limited, the responsible entity.
While the final payments bring closure to DHOF, the process highlights the complexities of winding up actively managed hybrid-focused ETFs, particularly in managing asset realisation and distribution timing.
Bottom Line?
The DHOF wind-up signals a full capital return cycle, but the final redemption figure’s provisional nature means investors should watch for any last adjustments.
Questions in the middle?
- Will the final redemption payment differ materially from the current estimate?
- How might the wind-up process affect liquidity and pricing of similar hybrid-focused ETFs?
- What lessons might Daintree Capital take forward in managing future funds with hybrid securities?