Corporations Regulations 2001

SCHEDULE 10F - FORM AND CONTENT OF PRODUCT DISCLOSURE STATEMENT - SIMPLE SUB-FUND PRODUCTS  

(regulation 7.9.11ZE )

4   Contents of section 2 (How (name of CCIV and sub-fund) work)  

4(1)    
Section 2 of the Product Disclosure Statement for the simple sub-fund product must describe, in the form of a summary:

(a)    how the CCIV and the sub-fund of the CCIV work; and

(b)    the rights and interests that members of the sub-fund of the CCIV acquire.

4(2)    
Section 2 must:

(a)    if applicable - describe, in the form of a summary, the minimum investment amounts; and

(b)    provide information about the structure of the CCIV and the sub-fund of the CCIV; and

(c)    state, in general terms, that the value of securities will vary as the market value of the assets of the sub-fund of the CCIV rise or fall; and

(d)    describe, in the form of a summary, how members of the sub-fund can increase or decrease their investment by acquiring securities or disposing of securities; and

(e)    state, in general terms, that in some circumstances, such as when there is a freeze on redemptions, members of the sub-fund may not be able to redeem shares or dispose of securities within the usual period upon request; and

(f)    describe the frequency of distributions and explain how distributions are calculated.

4(3)    
The CCIV:

(a)    may provide more detailed information on the acquisition and disposal of securities; and

(b)    may provide the information by applying, adopting or incorporating a matter in writing.