MLC MasterKey Investment Service Fundamentals Financial

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  • MLC MasterKey Investment Service Fundamentals

    MLC MasterKey Investment Service FundamentalsFinancial Services Guide

    Preparation date 30 September 2017

    Issued by MLC Investments Limited (MLC)

    ABN 30 002 641 661 AFSL 230705

    1. Financial Services Guide

    Information on your MLC MasterKey Investment Service Fundamentals.

    Preparation date 30 September 2017

    Issued by MLC Investments Limited (MLC)

    ABN 30 002 641 661 AFSL 230705

    MLC MasterKey Investment Service FundamentalsInvestment Menu

    2. Investment Menu

    Information you need to decide which investment options best suit your financial goals.

    Preparation date: 30 September 2017

    MLC Investments Limited (MLC) ABN 30 002 641 661 AFSL 230705 MLC MasterKey Investment Service Fundamentals Application form | 1 of 20

    Application form MLC MasterKey Investment Service Fundamentals

    Before signing this Application Form, please ensure that you have read and understood the Financial Services Guide (FSG) and Investment Menu for MLC MasterKey Investment Service Fundamentals. You should consider all information before making a decision to invest in this product.

    Important informationBefore sending this Application Form to MLC, please check that you havecompleted all questions on the Application Form (asappropriate) by printing clearly in the spaces provided, signed the relevant sections and received:

    the current Financial Services Guide forthis Service.

    all current Product Disclosure Statements (PDS) for each investment optionyou have selected and the MLC Cash Fund.

    If you make any changes to the information you complete in the Application Form, please provide your signature next to that change.

    Proof of Identity If you are applying for this product via a financial adviser, they will verify your identity before you invest.

    If you are applying for this product directly to MLC:

    for Individuals, Joint or Trust (for minors) account type, attach certified copies ofthe acceptable proof of identity documents outlined in the Proofof Identity guide on mlc.com.au

    for all other accounts, complete and submit the Identification form relevant to the account type available on mlc.com.au, andattach certified copies of the acceptable proof of identity documents for each signatory.

    If you are making an investment by cheque, please make it payable to MLC MasterKey Investment Service Fundamentals crossedNot negotiable.

    Tear off and retain the Direct Debt Request Service Agreement and send the remaining Application Form to: MLC, PO Box 200, North Sydney NSW 2059.

    Your account

    1. Is this a change of ownership from an existing MLC MasterKey Investment Service Fundamentals account?

    No Go to next question

    Yes Please provide account number

    2. What type of account are you opening?

    Please complete ID forms if investing without an adviser

    Individual

    Joint

    Trust (for minors) Please see the Proof of Identity guide

    Partnership Please complete Identification Form for Partnership and Partners

    Super Fund

    Trust Please complete Identification Form for Trusts and Trustees

    Company Please complete Identification Form for an Australian Company

    Unincorporated entity eg Association, Registered Please complete Identification Form for Association,

    Co-operative, Government Body Registered Co-operative, Government Body (as applicable)

    3. Application Form

    Application Form for MLC MasterKey Investment Service Fundamentals.

    Your guide to what is included in the MLC MasterKey Investment Service Fundamentals Financial Services Guide (FSG)

    A12

    740

    7-0

    917

    Contact us

    For more information visit mlc.com.au or call us from anywhere in Australia on 132 652 or contact your adviser.

    Postal address PO Box 200 North Sydney, NSW 2059

    At MLC we recognise your investment goals are individual.

  • MLC MasterKey Investment Service FundamentalsFinancial Services Guide

    Preparation date 30 September 2017

    Issued by MLC Investments Limited (MLC)

    ABN 30 002 641 661 AFSL 230705

  • This information is general and doesnt take into account your personal financial situation or individual needs.

    A financial adviser can help you decide if this is the right product foryou.

  • MLC MasterKey Investment Service Fundamentals Financial Services Guide | 3

    Contents

    This Financial Services Guide (FSG) together with the MLC MasterKey Investment Service Fundamentals Investment Menu (which forms part of this FSG) gives you all the information you need to join the Service. You should consider all this information before making a decision about the product.

    Please note the content in these documents may change from time to time.

    For a free copy, please contact us or go to mlc.com.au/fsg/mkisf

    Changes to MLC MasterKey Investment Service Fundamentals or the investment options will be made from time to time. Well notify you of changes that are materially adverse. We may provide this information to you by mail, email or by making the information available on mlc.com.au. Well let you know when information about your account has been made available online. If you prefer to receive updates about your account by mail, please let us know.

    Information in relation to changes that are not materially adverse will be made available on mlc.com.au but you may not be directly notified ofthese updates. You may, however, obtain a paper copy of these change communications on request free of charge.

    For information and updates about your chosen investment options, speak with your financial adviser or go to mlc.com.au/findafund. You can get a free copy of the latest Product Disclosure Statement (PDS) for each investment option on mlc.com.au/forms_and_brochures or by contacting us. Please read the latest PDS before making an investment.

    References to mlc.com.au in the online copy of this document link directly to the additional information available. References within the FSG to we, us or our are references to MLC, unless otherwise stated.

    MLC Investments Limited (MLC) is the Operator of MLC MasterKey Investment Service Fundamentals. MLC Investments Limited is part of the National Australia Bank Group of Companies (NAB). An investment with MLC is not a deposit or liability of, andis not guaranteed by, NAB.

    About MLC MasterKey Investment Service Fundamentals 4

    How your account works 5

    Benefits of investing with MLC MasterKey Investment Service Fundamentals 7

    Things to consider before you invest 8

    Fees and other costs 9

    Other information (including how to resolve a dispute) 15

  • 4 | MLC MasterKey Investment Service Fundamentals Financial Services Guide

    About MLC MasterKey Investment Service Fundamentals

    Who you go through life with makes all thedifference.

    Whatever your investment objective is, with MLC MasterKey Investment Service Fundamentals (the Service), you can choose a portfolio that meets your needs.

    Its the one investment solution for your:

    individual goals

    Self Managed Super Fund, or

    Family Trusts and companies.

    For over 130 years, MLC has been helping customers create the best possible future.

    Whether you want to invest for the long or short term, the Service enables you to build a portfolio that meets your individual needs.

    The Service offers access to types of investments not usually available to an individual investor and enables you to buy, hold and sell investments in a range of managed funds offered by MLC as well as other investment managers.

    As your needs change over time, the Service gives you the flexibility to adjust your portfolio and access your money as you need.

    With the help of a financial adviser, you can implement strategies to grow and protect your wealth such as using a NAB margin loan to invest.

    Whatever investments you choose, we keep you updated with regular statements on your account.

    Your financial adviser

    At MLC we believe in the value of financial advice and strongly recommend you regularly keep in touchwith your financial adviser.

    If you choose to no longer receive financial advice, you can still use the Service and well continue to provide product updates and statements to youat your last known email or postal address. You can access or transact onyour account online at any time atmlc.com.au

    Selecting investment options

    Our Investment Menu is regularly reviewed by a committee of experienced investment professionals.

    A number of factors are taken into consideration when we choose the investment options for the Investment Menu. These may include the investment objective, fees, external research ratings, the performance of the investment option and how easy the investment option is to administer. The selection of investment options issued by the NAB Group is done on an arms-length basis in line with the NABs Conflict Of InterestPolicy.

  • MLC MasterKey Investment Service Fundamentals Financial Services Guide | 5

    How your account works

    Find out how the Service works for you.

    Opening an account

    Getting started with the Service is easy. Just fill out the Application Form and send it to MLC or apply through your financialadviser.

    You must be:

    an individual over 18 years of age, or

    a company, partnership, trust, self-managed super fund or incorporated body.

    All signatories of the account will need toprovide proof of their identity.

    If you identify yourself or any related party as a tax resident of a country other than Australia, we may have to report your account information to the Australian Tax Office (ATO) which may, in turn, report the information to that countrys tax authority.

    We can only process your investments when we receive all required information. Investments we cant process will be held in trust for up to 30 days. Any interest earned during this time will be kept by MLC.

    Account minimums

    To invest in the Service you need a minimum of $1,000 per investment option as well as a holding in the MLCCash Fund.

    MLC Cash Fund

    When you open your account, youll need to invest an initial amount of at least $1,000 into the MLC Cash Fund. We use this money todeduct any fees and youll need to maintain a balance ofat least $100.

    There are a number of ways to do this which are outlined in the How to Guide available on mlc.com.au/forms_and_brochures

    You can find out about the MLC Cash Fund in the MLC MasterKey Unit Trust Product Disclosure Statement available on mlc.com.au/pds/mkut

    Investors in the Service benefit from a rebate on the MLC Cash Fund management fee. Please refer to the Fees and Costs section of this FSG andthe Investment Menu for furtherinformation.

    Adding to your account

    Once youve opened your account, youcan make one-off investments toitby BPAY or direct debit.

    You can also set up a Regular Investment Facility for ongoing investments from your bank account.

    Consolidating your account

    Putting all your investments through one Service makes sense, as you may save on fees and also have a consolidated view of your investments.

    If you have investments through another service provider, you may be able to transfer them into your account without incurring any Capital Gains Tax (CGT).

    For more information call us or speak with your financial adviser.

    Accessing your money

    You can request a one-off partial or full withdrawal from your account at any time. The minimum one-off withdrawal amount is $500 per investment option.

    If youd like to make regular withdrawals, you can set up a Regular Withdrawal Facility. The minimum regular withdrawal amount for this facility is $200 per investment option.

    Registered to BPAY Pty Ltd ABN 69 079 137 518

  • 6 | MLC MasterKey Investment Service Fundamentals Financial Services Guide

    Receiving distribution income

    Most investment options will distribute income throughout the year.

    You can manage this income by:

    reinvesting it in the same investment option

    investing it in your cash holding, or

    having it paid into your bank account.

    MLC or other investment managers may refuse or vary the terms for processing a request in certain circumstances. Theconsequences are that there are times when your instruction may not be able to be actioned.

    We may also change our processes and procedures.

    When we cant processinstructions

    There are times we might not be able to process your investment instructions, forexample when:

    there are liquidity issues in theinvestment option

    the investment manager suspends transactions

    we cant obtain a unit price from theinvestment manager, or

    the instruction is incomplete.

    We will notify you if any of these situations occur.

    Where withdrawals are delayed, suspended or paid in instalments, the unit price used for each withdrawal will be effective the day the withdrawal is processed, rather than when the withdrawal request was received.

    How your account is valued

    When you pay money to us, the Service purchases units on your behalf which are allocated to your account. Conversely, when you withdraw money units are soldon your behalf and deducted from your account.

    The value of your account is based on:

    the number of units in your investmentoptions, and

    the unit price of those units.

    Your account value takes into account pending transactions (ie transactions that may not have been processed by the investment manager of an investment option).

    The overall value of your account will change according to the unit price and the number of units you hold.

    Unit prices are generally calculated daily by the investment managers of the investment options.

    You can find out more about unit prices by going to the Product Disclosure Statement of the relevant investment option, available on mlc.com.au/forms_and_brochures

    Additional information on how we process your requests is provided inthe How to Guide available on mlc.com.au/forms_and_brochures

    When you set up a regular investment or are receiving distribution income, its a good idea to keep up to date with any changes to your chosen investment option.

    Please read the latest Product Disclosure Statement for each investment option before making an investment. To obtain a copy, speak with your financial adviser or go to mlc.com.au/findafund

    Buying and selling investments

    You or your financial adviser may give us instructions, directions or requests for financial products to be acquired.

    Usually, if you are buying or selling units in an MLC investment option, we will process your request on the same day.

    For investment options other than MLC portfolios, it may take those investment managers a number of days to process your request.

    For more informationPlease go totheHow to Guide on mlc.com.au/forms_and_brochures

    How your account works

  • MLC MasterKey Investment Service Fundamentals Financial Services Guide | 7

    Benefits of investing with MLC MasterKey Investment Service Fundamentals

    Access sophisticated investment solutions designed to help you grow and protect yourwealth through themarket ups anddowns.

    Investments that make sense

    With MLC you can choose a complete portfolio solution which uses the most up-to-date thinking and world-class investment managers, to implement your i...

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