The AMG Personal Australian Share Portfolio enables Members to invest directly in securities list on the Australian Securities Exchange, giving the Member more control and direction over how their super is invested.
There are two options available to Members under the AMG Personal Australian Share Portfolio:
Direct Option - Members can choose their own portfolio of shares using an approved stockbroker of their choice.
Managed Option - Members can utilise the investment expertise of Wilson HTM Limited (ABN 68 010 529 665, AFSL No.238383) (Wilson HTM) and appoint Wilson HTM to select and manage a portfolio of shares, on the Member’s behalf. For Members to have access to the Managed Option, Wilson HTM will need to be appointed by an employer for its employees (Employer Nominated Pool). The Managed Option is not directly available to individuals. Where a Member ceases employment with the employer group, the Member may retain the investment with Wilson HTM within the Managed Option.
In both instances certain requirements must be met. They are as follows:
• Minimum of $50,000 initial investment for Managed Option (unless you are part of an employer group whose employees are invested in this Option) or $20,000 for Direct Option.
• Authorised securities are shares and other equity related securities that are directly issued by companies and other entities which are listed on the Australian Stock Exchange (ASX) or are securities in the process of being listed on the ASX. In the Managed Option, authorised investments may include unlisted investments which have been selected by Wilson HTM.
Special Override: In situations where a Member holds 50% or more of their investments in the Fund in the AMG Personal Australian Share Portfolio, certain additional requirements are as follows:
• In order to ensure that satisfactory diversification and liquidity are achieved at all times, at least 50% by value of investments must be held in companies or other entities listed on the S&P/ASX 200 index.
• In addition, investments in no single company or entity are to exceed 25% by value of all investments in the Personal Australian Share Portfolio. If these conditions are breached, the Member will have 30 days in which to correct the breach, following written notification from the Administrator. Members who wish to invest in the AMG Personal Australian Share Portfolio may nominate a shareholding to be transferred in or purchased subject to the approval of the Trustee and any criteria established by the Trustee from time to time. For more information, contact the Administrator.
To facilitate the payment of fees, at least 5% of your account balance must be maintained in the DDH Graham Limited Advantage Cash Fund, (refer to page I-65 of the PDS for details of this fund), subject to a requirement that a minimum balance of $500 is maintained at all times. This should be taken into account when making your investment selection. If you forget to do this the Trustee will place at least 5% of your account balance in the DDH Graham Limited Advantage Cash Fund, and adjust your nominated investment portfolio accordingly. This allocation will be confirmed to you in writing.