Wealth
You must consider the PDS which contains important information about investing in this fund before completing this application form. The PDS can be found via our website. A reference to ‘you’, or ‘your’, includes individuals or entities making an investment.
We collect your personal information for the following purposes:
(a) your financial adviser, either directly or through other service providers (such as platform software including Xplan and Visiplan) which we may have arrangements with
(b) reputable service providers who may carry out functions associated with our products and services on our behalf (e.g. mailing houses who conduct mailings for us)
(c) our Australian financial institution to initiate the drawing from or payment to your nominated Australian financial institution account (where you have selected the direct debit or credit facility)
(d) a third party, as required by law
You are entitled to access information we have about you. You should notify us immediately if any of the information we hold about you changes, so that we can ensure that your information is complete, accurate and up to date.
If you do not provide the information requested on the Application Form, we may be unable to process your application request.
We collect and manage your personal information in accordance with the law and the Australian Unity Privacy Policy, which can be accessed from our website - australianunity.com.au/privacy-policy. If you have any concerns or questions about the privacy of your personal information please contact our Privacy Officer:
Email: investments@australianunity.com.au
Address: Australian Unity – Investment
271 Spring Street
Melbourne VIC 3000
If you are not satisfied with how your concern was addressed you may contact the Privacy Commissioner at:
Address: Office of the Australian Information Commissioner GPO Box 5218 Sydney NSW 2001
It is important that we maintain accurate records about you. Please inform us of any changes to your personal details as soon as possible. You can change your personal details, such as mailing address, phone, mobile or email address, by:
Please ensure that you provide us with the following information when requesting a change of personal details:
We offer an email service that allows you to send us instructions on your account. Any instructions which are submitted to us by email must have your signature or that of an authorised signatory on your account. By using our service, you are taken to have agreed and understood that neither we nor any part of the Australian Unity Group accept any responsibility or liability for any payment or action we make based on any instruction (even if not genuine) that we receive by email bearing your account number, a signature which is apparently yours, or that of an authorised signatory on your account. This means that you cannot make a claim for such a thing as a fraudulent email redemption request made by someone who has access to your investor code and a copy of your signature. You use the service entirely at your own risk.
This is your Direct Debit Request Service Agreement with OneVue Fund Services Pty Ltd ABN 18 107 333 308 (User ID 411595) . It explains what your obligations are when undertaking a Direct Debit arrangement with them. It also details what our obligations are to you as your Direct Debit provider. Please keep this agreement for future reference. It forms part of the terms and conditions of your Direct Debit Request and should be read in conjunction with your Direct Debit Request authorisation. If you require a copy of a Direct Debit Service Agreement, a copy is available here.
The terms for this Direct Debit Service Agreement are for the purpose of an investment into the Australian Unity Fund by:
(a) you may be charged a fee and/or interest by your financial institution;
(b) we may charge you reasonable costs incurred by us on account of there being insufficient funds; and
(c) you must arrange for the debit payment to be made by another method or arrange for sufficient clear funds to be in your account by an agreed time so that we can process the debit payment.
If you want to make changes to the drawing arrangements, please notify us in writing (see below section ‘Notice’ for our mailing address), at least five (5) business days prior to the drawing date. You can also contact your own financial institution, which must act promptly on your instructions. These changes may include:
All your personal customer information held by us will remain confidential, except for information that may be provided to our financial institution to initiate the drawing to your nominated account, or information that may be disclosed to a third party as required by law. Information may also be provided to any entity within the Australian Unity Group to enable the Direct Debit Request to be effected as required by law.
We will keep any information (including your account details) in your Direct Debit Request confidential. We will make reasonable efforts to keep any such information that we have about you secure and to ensure that any of our employees or agents who have access to information about you do not make any unauthorised use, modification, reproduction or disclosure of that information.
We will only disclose information that we have about you:
(a) to the extent specifically required by law
(b) for the purposes of this agreement (including disclosing information in connection with any query or claim)
Australian Unity Wealth & Capital Markets
GPO Box 804
Melbourne VIC 3001
or email us
(a) sending a notice in the ordinary post to the address you have given us in this Application Form to the PDS;
or
(b) by sending a notice electronically to the email address you have given us in the Application Form to the PDS.
Australia’s Anti-Money Laundering and Counter Terrorism Financing (‘AML/CTF’) laws requires Australian Unity to adopt and maintain an AML/CTF program. To meet this legal requirement, we need to collect certain identification information and documentation (Know Your Client (‘KYC’) Documents) from new investors.
The required identification documents are set out under ‘Applying for different types of investment accounts’ below.
Please note that any certified identification documents must be certified by an approved certifier. See ‘Identification Forms’ on page 14 of the Application Form for more details. Existing investors may also be asked to provide KYC Documents as part of a re-identification process to comply with the AML/CTF laws.
Processing of applications or withdrawals will be delayed or refused if investors do not provide the required KYC Documents when requested.
Under the AML/CTF laws, Australian Unity is required to submit regulatory reports to the Australian Transaction Reports and Analysis Centre (AUSTRAC). This may include the disclosure of your personal information. Australian Unity may not be able to tell you when this occurs. As a result, if instructed by AUSTRAC, Australian Unity may be required to deny you (on a temporary or permanent basis) access to your investment. This could result in loss of the capital invested, or you may experience significant delays when you wish to transact on your investment.
We are not liable for any loss you may suffer because of compliance with the AML/CTF laws.
To comply with AML/CTF laws we check whether you (or any of your beneficial owners) are, or have an association with, a PEP. A PEP is an individual who holds a prominent public position or function in a government body or an international organisation in Australia or overseas, such as a Head of State, or Head of a Country or Government, or a Government Minister, or equivalent senior politician. A PEP can also be an immediate family member of a person referred to above, including spouse, de facto partner, child, and a child’s spouse or a parent. A close associate of a PEP, i.e. any individual who is known to have joint beneficial ownership of a legal arrangement or entity is also considered to be a PEP. Where you identify as, or have an association with, a PEP, we may request additional information from you.
Under AML/CTF laws, we are required to identify your source of investable assets/wealth.
Your beneficial owner means an individual who ultimately ‘controls’ you (directly or indirectly) or owns you (directly or indirectly). ‘Control’ includes control (directly or indirectly) as a result of, or by means of trusts (including in the capacity as beneficiary, trustee or settlor), an agreement, an understanding or practice, and further includes the ability to exercise control over decisions about financial and operating policies. ‘Owns’means ownership (either directly or indirectly) of 25% or more of you.
Under AML/CTF laws you are required to provide information about your Beneficial Owners for certain account types including:
(a) unlicensed proprietary limited companies, not subject to regulatory oversight (note: not applicable for complying Australian Superannuation Fund investors); or
(b) unregistered trusts, including family trusts.
(a) companies
(b) partnerships
(c) trusts
(d) estates
These account types will be required to complete the Beneficial Owner Information section of the Application Form.
AEOI is the exchange of financial account information between tax authorities in relevant countries. This requires financial institutions including Australian Unity, to collect tax residency information from their customers.
AEOI is currently made up of two information sharing frameworks:
CRS is a global standard for collecting, reporting and exchanging financial information on foreign tax residents, which was initiated by the Organisation for Economic Cooperation and Development (OECD) to provide greater transparency and reduce offshore tax evasion in over 100 participating countries and jurisdictions.
In accordance with CRS, banks and other financial institutions in Australia are required to collect financial account information from their customers who are resident in countries other than Australia for tax purposes, and provide financial information to the Australian Tax Office where it will be exchanged with other participating countries.
These changes are a legislative requirement, therefore must be complied with. You must complete the Tax Information Form (as part of your Application Form) if the following is applicable:
Units cannot be issued to you until you have provided a completed Tax Information Form.
A Controlling Person is an individual who directly or indirectly exercises control over the Entity.
For a company, this includes any beneficial owners controlling more than 25% of the shares in the company.
For a Trust this includes:
For a partnership this includes:
Where there are no natural persons that control the Entity through ownership, the controlling person(s) may be a natural person(s) who could be a senior managing official.
If you are submitting the Application Form directly, without having consulted with a financial adviser, you must include the relevant identification documents when you submit your Application Form.
Please take your time to complete the Application Form, ensuring that all of the required information (for example, AML/KYC and CRS requirements) is included. If your application does not meet the requirements and we need to contact you for further information, this may result in you receiving a different unit price than you expected. Units cannot be issued to you until you have provided a completed Tax Residency Information Form and submitted all required verification documents.
You must have someone certify the copies you send to us. We suggest you use the following statement on the copy being certified:
'I certify this to be a true copy of [name of document] the original of which, was seen by me at the time of signing'.
The certified copy must also be dated, and have the signature, printed name, occupation, employer and address of the person certifying the document. Please note your identification document must be in date (or within two years of expiry for a passport).
You must certify the copies you send to us by one of the following certifiers. The following people can be the certifier:
The following information is provided to assist you in completing and lodging the Application Form.
You may decide whether you wish to provide your TFN on the Application Form. If we do not receive your TFN, ABN or appropriate exemption information, we must withhold tax at the highest marginal tax rate (plus levies) from distributions paid to you.
Read the declaration section carefully before signing the Application Form. Each signatory to the investment account must sign the Application Form(s). If signed under Power of Attorney, the Attorney must certify that they have not received notice of revocation of the Power. A certified copy OR a copy of a certified copy of the Power of Attorney for our reference. Company applications must be signed in accordance with the constitution or rules of the company.
If you are submitting this Application Form directly, without having consulted with a financial adviser, you must include the relevant identification documents when you submit your Application Form. Your identification documents can be sent to us by the following means:
The application will be considered lodged when it is received in our Melbourne office on a Melbourne business day, prior to 3:00pm.
Please take your time to complete the Application Form, ensuring that all of the required information is included, or we may not be able to process your application. If we do not receive sufficient information from you, we will contact you to request the necessary information. Any delay in providing the necessary information may result in you receiving a different unit price than you expected.
We reserve the right to decline your application if your application does not meet our AML/KYC requirements. We recommend you carefully complete the Application Form. If you require assistance with completing the Application Form, please call us on 1300 997 774 or 03 9616 8687.
If your application is incomplete and if the additional information is not received after 30 business days, we may return the application and your application monies to you.
The following identification documents are required if you are submitting your application directly, without the assistance of a financial adviser.
Please note:
