Hastings Diversified Utilities Fund 02 - Panel Receives Application

The Panel has received an application from Australian Foundation Investment Company Limited (AFIC), a unit holder in Hastings Diversified Utilities Fund (HDF), in relation to the affairs of HDF. 

Details of the application, as submitted by the applicant, are below.

A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.