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Important information & continuous disclosure
PRODUCT DISCLOSURE STATEMENT (PDS)
DOCUMENTS INCORPORATED BY REFERENCE INTO THE PDS
The following links provide incorporated information which forms part of the PDS:
- The current buy/sell spread for each Investment Option
- The commencement date for each Investment Option
- Details of current underlying investment managers
- Direct Debit Request Service Agreement
- Online Account Access conditions of use
- APIR codes for each Investment Option
- Further details about the Anti-Money Laundering/Counter-Terrorism Financing laws included in the ‘About AML/CTF legal requirements’ section of the ‘Customer identification form'
Changes to Ibbotson Funds
The fund manager Ibbotson Associates Australia limited has made changes to the Asset allocation and investment objective for several funds. The new minimum allocation for each asset is 0% with the new maximum allocation % shown in the table below.
|Asset Allocation-Maximum Allocation||Ibbotson Growth||Ibbotson Balanced Growth||Ibbotson Conservative Growth|
|Australian Property Securities||25%||20%||15%|
|International Property Securities||25%||20%||15%|
|International Bonds (Hedged)||20%||30%||30%|
|Global Inflation-Linked Securities (Hedged)||15 %||20%||20%|
Change to Ibbotson Australian Shares Active Investment objective
The fund aims to maximise outperformance relative to the benchmark (S&P/ASX 300 Accumulation Index) over rolling seven year periods, by investing predominantly in listed Australian shares.
Change to Ibbotson International Shares Active (Unhedged) Investment Objective
The fund Aims to deliver a superior risk-return profile to the benchmark over rolling 7 year periods by
investing predominantly in listed international shares.
CHANGE TO AUSBIL DEXIA EMERGING LEADER FUND PERFORMANCE FEE BENCHMARK
Ausbil Dexia Limited charges a performance fee of 15% (exclusive of GST) of any return of the underlying fund greater than the return of the underlying fund's benchmark along with 0.85% p.a. The benchmark is 70% S&P/ASX Mid-cap 50 Accumulation Index and 30% S&P/ASX Small Ordinaries Accumulation Index. As the return is based on the return of an index it can be a positive or negative return. The performance fee will apply to any benchmark out-performance and will be paid monthly.