Corporations Regulations 2001

SCHEDULE 10 - DISCLOSURE OF FEES AND OTHER COSTS  

(regulations 7.9.16K , 7.9.16M and 7.9.16N )

PART 2 - FEES AND COSTS TEMPLATE, EXAMPLE OF ANNUAL FEES AND COSTS AND CONSUMER ADVISORY WARNING FOR PRODUCT DISCLOSURE STATEMENTS  

Division 6 - How to fill in the example of annual fees and costs  

220   If there is no generic MySuper product or balanced investment option  

Superannuation entities

220(1)    
If a superannuation entity does not offer a generic MySuper product, the example should be based on:

(a) where the superannuation entity offers a balanced investment option - the balanced investment option under which most assets of the superannuation entity are invested; and

(b) where the superannuation entity does not offer a balanced investment option - the investment option under which most assets of the superannuation entity are invested.

Managed investment schemes

220(2)    
If a managed investment scheme does not offer a balanced investment option, the example should be based on:

(a) where the scheme offers a default investment option - that option; and

(b) where the scheme does not offer a default investment option - the investment option under which most assets of the scheme are invested.

CCIVs

220(3)    

If a retail CCIV does not offer a balanced investment option, the example should be based on:

(a)    where the CCIV offers a default investment option - that option; and

(b)    where the CCIV does not offer a default investment option - the investment option under which the CCIV has the most funds invested.