Suncorp Investment Funds. Product Disclosure Statement

Transcription

1 Suncorp Investment Funds Product Disclosure Statement

2 Suncorp Investment Funds Product Disclosure Statement Prepared: 9 May 2006 Effective: 30 June 2006 Issuer: Suncorp Metway Investment Management Limited ABN: AFSL: Contact Details: Investment Funds Client Services Facsimile Number (07) Address direct@suncorp.com.au Website suncorp.com.au Postal Address Suncorp Investment Funds (LS035) GPO Box 1453 BRISBANE QLD 4001 Registered Business Address Level Wickham Terrace BRISBANE QLD 4000 This document has been prepared without taking into account your particular objectives, financial situation or needs. For that reason, before acting on the content within this document you should consider the appropriateness of the content having regard to your own objectives, financial situation and needs. Suncorp Metway Investment Management Limited ABN , Australian Financial Services Licensee ( SMIML or Responsible Entity ) is the issuer of this Product Disclosure Statement ( PDS ) and the Responsible Entity of the Suncorp Investment Funds ( Fund, Funds or Suncorp Investment Funds ) offered for investment in this PDS. In this PDS, we, our, us and Suncorp means SMIML and you and your means an investor in any of the Funds. Suncorp Custodian Services Pty Ltd ABN , AFSL ( SCUS ) is the custodian for the Funds under a Custody Agreement. SCUS s role as custodian is limited to holding assets of the Funds as agent of the Responsible Entity. SCUS has no supervisory role in relation to the operation of the Funds and is not responsible for protecting your interests. SCUS has no liability or responsibility to you for any act done or omission made in accordance with the terms of the Custody Agreement. Suncorp-Metway Limited ABN ( SML ) and its subsidiaries and related companies (including SMIML) do not guarantee the repayment of capital or the investment performance of the Funds. SML and its subsidiaries and related companies (excluding SMIML) are not responsible for or liable in respect of the products or services provided by SMIML. An investment in the Funds is not a bank deposit or other bank liability and is subject to investment risk including possible delays in repayment and loss of income and principal invested. It is recommended that you consult a financial adviser who is a financial services licensee or an authorised representative of a financial services licensee before you invest. A financial adviser will be able to advise you about the financial implications of an investment in the Funds and how it may affect your particular circumstances. An interest in a Fund offered in this PDS will only be issued after we have accepted a properly completed Application Form (issued with this PDS) and cleared funds necessary to pay for the investment. Investment in the Funds on the basis of the electronic PDS is only available to a person receiving the electronic PDS in Australia and who is a resident of Australia at that time. A cooling-off period exists. Please see page 23 for details. Please note that if you leave the Funds within any given time period after joining, you may get back less than the amount you paid in because of the level of investment earnings achieved by the Fund and fees payable. This PDS may be updated or replaced from time to time. Copies of the current PDS are available free of charge by contacting our Client Services Team on

3 Suncorp Investment Funds Supplementary Product Disclosure Statement

4 Suncorp Investment Funds Supplementary Product Disclosure Statement Prepared: 31 March 2009 About this Supplementary Product Disclosure Statement This is a Supplementary Product Disclosure Statement ( SPDS ) for the Suncorp Investment Funds Product Disclosure Statement dated 30 June 2006 ( PDS ) and the Supplementary Product Disclosure Statements ( previous SPDSs ) dated 18 March 2008 and 16 December 2008 issued by Suncorp Metway Investment Management Limited ( SMIML ) ABN , AFSL This SPDS must be read together with the previous SPDSs and the PDS. Unless otherwise stated, terms defined in the PDS have the same meaning in this SPDS. 2

5 Suncorp Income Fund and Suncorp Conservative Fund From 2.30pm (Brisbane time) on 31 March 2009, the Suncorp Income Fund (ARSN ) and Suncorp Conservative Fund (ARSN ) will not process applications, withdrawals or switches until otherwise notified by the Responsible Entity. There is no change to any other Suncorp Investment Funds. On page 13 of the PDS, the following text is inserted above the heading Investment Objective : From 2.30 pm (Brisbane time) on 31 March 2009, the Suncorp Income Fund is not accepting: Applications (including reinvestment of distribution income and additional contributions via the Monthly Savings Plan); Requests for withdrawals (including Fixed Payment Plans); and Requests for switches. On page 14 of the PDS, the following text is inserted above the heading Investment Objective : From 2.30 pm (Brisbane time) on 31 March 2009, the Suncorp Conservative Fund is not accepting: Applications (including reinvestment of distribution income and additional contributions via the Monthly Savings Plan); Requests for withdrawals (including Fixed Payment Plans); and Requests for switches. On page 22 of the PDS, replace the first paragraph under the heading Monthly Savings Plan with the following: You can start with an initial deposit of $100 per Fund. The Monthly Savings Plan ( Savings Plan ) is only available under the Contribution Fee option for each investment option. Please note that the Savings Plan is not available for the Cash Fund. The Savings Plan is also currently unavailable for the Suncorp Income Fund and Suncorp Conservative Fund, however may be available for the Suncorp Income Fund and Suncorp Conservative Fund at a future date. On page 22 of the PDS, delete the entire section titled Fixed Payment Plan. Directors of the Responsible Entity On page 3 of the SPDS dated 18 March 2008, under the heading Responsible Entity, replace: K. L. Hooper, BBus, CPA With P. Loosmore, BBus, CA Investment Funds 3

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7 Suncorp Investment Funds Supplementary Product Disclosure Statement

8 Suncorp Investment Funds Supplementary Product Disclosure Statement Prepared: 16 December 2008 Issuer: Suncorp Metway Investment Management Limited ABN: AFSL: Contact Details: Investment Funds Customer Service Team Facsimile Number (07) Address Website Postal Address Registered Business Address suncorp.com.au Suncorp Investment Funds (LS035) GPO Box 1453, Brisbane QLD 4001 Level 18, Suncorp Centre 36 Wickham Terrace Brisbane QLD 4000 About this Supplementary Product Disclosure Statement This is a Supplementary Product Disclosure Statement ( SPDS ) for the Suncorp Investment Funds Product Disclosure Statement dated 30 June 2006 ( PDS ) and the Supplementary Product Disclosure Statement ( previous SPDS ) dated 18 March 2008 issued by Suncorp Metway Investment Management Limited ( SMIML ) ABN , AFSL This SPDS must be read together with the previous SPDS dated 18 March 2008 and the PDS dated 30 June Unless otherwise stated, terms defined in the PDS have the same meaning in this SPDS. 2

9 How are the Funds invested? On page 7 of the PDS, replace both paragraphs under the heading How are the Funds invested? with the following: The Funds gain exposure to underlying assets such as Australian shares, overseas shares, listed property trusts, cash and fixed interest securities via investments into the Suncorp Investment Management Trusts (SIMTs) and other managed funds. The performance of the Funds will consequently reflect movements in these SIMTs and managed funds. The Suncorp Income Fund and the Suncorp Conservative Fund may also gain exposure to fixed interest securities via direct investments in the market. Investment Guidelines Suncorp Income Fund On page 13 of the PDS replace the table under Investment Guidelines with the following: Asset Class Neutral Benchmark Asset Range Cash and Australian Fixed 100% 80%-100% Interest Overseas Fixed Interest 0% 0%-20% Investment Options Suncorp Global Shares Fund On page 20 of the PDS, replace the paragraph and table under the heading Manager Allocation with the following: The Fund gains exposure to international equities via investment into the Suncorp Investment Management World Equities Trust ( SIMWET ), managed by SIM. When it comes to investing in the overseas sharemarket, SIM utilises the expertise of external international investment managers. Through a multi-manager structure, SIM expects active, bottom-up stock selection to be the primary source of active performance. The nature of investments and the process that SIM uses to monitor the portfolio means that investment managers and their portfolio weights may change without notice. Fees and Other Costs On page 28 of the PDS, replace the 1st paragraph under the heading Indirect Fees with the following: The Suncorp Income Fund, Suncorp Conservative Fund and Suncorp Growth Fund pay brokerage fees on the derivatives they hold directly. The remaining Funds currently do not pay any brokerage, however the Suncorp Investment Management Trusts (SIMTs) pay brokerage and transaction fees. As the Funds invest into the SIMTs and other managed funds, any fees paid at the SIMT or other managed fund level indirectly have an effect on the unit price and the performance of the Funds. Additional Information On page 32 of the PDS, replace the paragraph under the heading Disclosure of interest with the following: The Funds may acquire investments directly or may invest in other funds, including funds managed by members of the Suncorp Group. If a Fund invests into a fund managed by a member of the Suncorp Group, we charge only one ongoing fee. Member companies of the Suncorp Group, their employees, and any other fund we manage may invest in the Funds. Investment Funds 3

10 Anti-Money Laundering and Counter-Terrorism Financing On page 32 of the PDS the following information is added after the heading 'Disclosure of interest': The Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006 (Cth), with its accompanying rules and regulations, has changed the way that investment providers, like us, deal with our clients. This includes how we identify new and existing customers, and monitor transactions on investment accounts held with us. Complaint and dispute resolution On page 34 of the PDS, the following information replaces the section under the heading Financial Industry Complaints Service : From 1 July 2008, the dispute resolution previously conducted by the Financial Industry Complaints Service (FICS) will be conducted by the Financial Ombudsman Service Limited (FOS). Financial Ombudsman Service Limited (FOS) FOS is a free service for you and a totally independent and impartial body. SMIML is a member of FOS (membership number 10910). FOS will deal with your complaint or dispute directly or follow up the matter on your behalf. If you want more information on FOS, please ask us. You can also contact FOS by: Phoning: (for the cost of a local call*) Faxing: or Writing to: Financial Ombudsman Service Limited GPO Box 3 Melbourne VIC * A higher charge may apply for public telephones and mobile phones. Any references to Financial Industry Complaints Service and FICS in the Complaint and dispute resolution section on page 34 are replaced by Financial Ombudsman Service and FOS respectively. Completing the Application Form The Application Form on pages of the PDS is replaced by the corresponding form on pages 5 11 of this SPDS. Completing the Additional Application Form The Additional Application Form on pages of the PDS is replaced by the corresponding form on pages of this SPDS. Directors of the Responsible Entity On page 3 of the previous SPDS under the heading Responsible Entity, replace the words, the new directors are as follows: with the words, remove the names of all of the directors and replace them with the following new directors: On page 3 of the previous SPDS under the heading Responsible Entity, replace: D. P. Fox, BA, FIA, FIAA with G. Summerhayes BBus, GMQ. 4

11 By completing this form, you acknowledge that you have received and read all parts of this PDS, including the Supplementary PDS issued 31 March SECTION 1 INVESTOR DETAILS Investment Name Set-up Complete the following sections: Investment Account Type Suncorp Investment Funds Application Form Issued by Suncorp Metway Investment Management Limited ABN: AFS Licence No: Prepared: 16 December Please use CAPITAL letters and boxes where needed. Please use the Additional Application Form if you are making an additional investment. Complete Name Details Individual Question 1A then go to 5 Joint Question 1A & 1B then go to 5 Australian company Question 2 then go to 5 Trustee Question 1A & 1B or 2 then go to 3 Sole trader with registered business Question 1A, 2 then go to 5 1. Individual / Joint Owners 1a. Name 1b. Name (Joint Investor) Joint Investments Title: Surname: Given Names: D.O.B. (dd/mm/yy): / / Title: Surname: Given Names: D.O.B. (dd/mm/yy): / / Both signatures required for transactions on the investment (No PIN will be issued) If box not ticked, only 1 signature will be required to transact on the investment. Joint investments to be treated as tenants in common (if box not ticked applicants will be treated as joint tenants) 2. Australian Company / Sole Trader with registered business Full company name / registered business name: Australian Company Number (ACN): (if any) Australian Business Number (ABN): (if any) Name (1): Name (2): Registered office address: (PO Box is not acceptable) Principal place of business address: (if same as above, write as above ) Phone Number: Investment Funds 5

12 2. Australian Company / Sole Trader with registered business (continued) To be completed for private Australian companies Please provide the names of each director Surname: Surname: Surname: Given Names: Given Names: Given Names: If there are more directors, please provide on a separate sheet Please provide the names and residential address of all beneficial owners where the share holding is greater than 25% Surname: Given Names: Residential address: Surname: Given Names: Residential address: Surname: Given Names: Residential address: 3. Trust Details (Please provide the name of the Superannuation Fund, Trust Beneficiaries, or Deceased Estate in this section.) Full name of trust: Full business name (if any): Country where trust established: Contact Name: ABN (if any): Contact Number: 4. Investing on behalf of a minor Full name of minor: D.O.B (dd/mm/yy) / / Please note, if you are investing on behalf of a minor the identification forms that need to be completed are the individuals or joint investors forms. 5. Contact Details Daytime Phone Number: Mobile Number: Residential or Registered Business Address: (PO Box is not acceptable) Suburb: Postal Address (If Applicable): Suburb: State: State: Postcode: Postcode: 6

13 SECTION 2 TAX FILE NUMBER DETAILS Collection of Tax File Numbers (TFNs) is authorised, and their use and disclosure strictly regulated, by tax laws and the Privacy Act. It is not an offence if you do not provide a TFN, but if no TFN or Australian Business Number (ABN) are quoted or no exemption is claimed before a distribution is declared, tax will be deducted at the highest marginal rate of taxation. For more information about the use of TFNs, please phone your nearest Tax Office. Investor 1 / Company / Trustee Tax File Number OR Australian Business Number OR Exemption Investor 2 Tax File Number OR Australian Business Number OR Exemption SECTION 3 INVESTMENT DETAILS Investment deposit via cheque payable to: SCUS Suncorp Investment Funds Minimum Requirements Entry Type Initial Deposit Additional Initial Deposit Monthly Monthly Contribution Fee $2,000 $1,000 $100 $100 Nil Contribution Fee $2,000 $1,000 n/a n/a Contribution Fee Fund Investment ($) Monthly Distribution Distribution Type* Distribution*** Amount Savings Plan** Type* Reinvest Paid to Fixed Payment $ per month (tick) Account (tick) ($) Australian Shares Fund $ $ n/a Growth Fund $ $ n/a Property Growth Fund $ $ n/a Conservative Fund $ $ Income Fund $ $ Global Shares Fund $ $ n/a Balanced Fund $ $ n/a Imputation Fund $ $ n/a Total Investment $ Nil Contribution Fee Fund Investment ($) Distribution Distribution Type* Distribution*** Amount Type* Reinvest Paid to Fixed Payment (tick) Account (tick) ($) Australian Shares Fund $ $ n/a Growth Fund $ $ n/a Property Growth Fund $ $ n/a Conservative Fund $ $ Income Fund $ $ Global Shares Fund $ $ n/a Balanced Fund $ $ n/a Imputation Fund $ $ n/a Cash Fund $ $ n/a Total Investment $ Investment Funds 7

14 *If no income distribution method is indicated, all distributions will be reinvested into the same Fund. ** For the Savings Plan you need to complete the Direct Debit Request Authority form. ***Distribution If you are investing at least $20,000 into either or both of the Suncorp Income Fund or the Suncorp Conservative Fund, you may utilise the Fixed Payment Plan. Please tick this box if you wish to have your Monthly Savings Plan amount increased in line with the Consumer Price Index All Groups Australia ( CPI ) each year. Indexation occurs in July based on the annual percentage movement in the CPI to March of the same year. SECTION 4 FINANCIAL INSTITUTION DETAILS Please provide details of the account you want your distributions and/ or PIN phone withdrawals paid into. Name of Bank/Building Society/Credit Union: Branch Address: BSB Number: Account Number: Name/s of Account Owner/s: SECTION 5 - PROOF OF IDENTITY FOR INDIVIDUALS, JOINT INVESTORS AND SOLE TRADERS If proof of identity has not been previously completed, you will need to prove your identity by selecting an item from PART A below, or if you cannot provide any of the listed documents, select two items from PART B. We require proof of identity BEFORE we can proceed with your instructions, if you are requesting a joint investment both investors must complete documentation for an individual. Documents written in a language other than English must be accompanied by an English translation prepared by an NAATI accredited translator (see PART A ACCEPTABLE PHOTOGRAPHIC IDENTIFICATION DOCUMENTS ONE ITEM REQUIRED Tick Select ONE item from this section, which MUST contain your NAME, PHOTO and either DATE OF BIRTH or RESIDENTIAL ADDRESS. A current driver s licence A current Australian passport (or one which has expired within the last two years) A current Proof of Age Card issued under an Australian State/Territory (including 18+ and Birth Cards) A current foreign passport or similar travel document also containing your signature issued by a government, the UN or agency of the UN A National Identity Card issued by a foreign government also containing your signature PART B OTHER ALTERNATIVE IDENTIFICATION DOCUMENTS - TWO ITEMS REQUIRED (this section is only required if a Part A item could not be provided) Tick Select ONE item from this section An Australian birth certificate/extract A citizenship certificate A foreign birth certificate issued by a government, the UN, or agency of the UN A current Centrelink Card; AND Tick Select ONE item from this section which MUST contain your NAME and RESIDENTIAL ADDRESS A notice issued by the Commonwealth, State or Territory within the last twelve months recording the provision of financial benefits to you A notice issued by the Australian Taxation Office within the last twelve months recording a debt payable by you to the Commonwealth (or by the Commonwealth to you) A notice issued by a local government body or utilities provider (eg. gas, electricity, phone) within the last three months recording the provision of services to your address or to you If you are under age 18, a letter written less than three months ago, from your school principal recording how long you have attended that school 8

15 PART C FOR USE WHERE RESIDENTIAL ADDRESS IS NOT IN AUSTRALIA OR NEW ZEALAND - ONE ADDITIONAL ITEM REQUIRED In addition to PART A requirements above please select: ONE additional item from Part A OR ONE item from any section in Part B. PART D ADDITIONAL REQUIRED DOCUMENTS IF YOU ARE A SOLE TRADER WITH A REGISTERED BUSINESS If you are a sole trader please provide the following: An original business name search eg CITEC or Office of Fair Trading (not greater than 7 days old) SECTION 6 REQUIREMENTS FOR OTHER BUSINESS ENTITIES PART A REQUIREMENTS FOR AN AUSTRALIAN COMPANY An original copy of the relevant ASIC database (not greater than 7 days old) PART B REQUIRED DOCUMENTS IF YOU ARE A TRUST, ASSOCIATION/UNINCORPORATED BODY OR PARTNERSHIP If you are investing as any of the above please download the appropriate identification form from Complete the identification form and send in the required documentation along with your completed application form. CERTIFICATION PROCEDURE where not being assisted by an adviser If an adviser is not assisting you with this transaction, to prove your identity, you will need to: Take the originals of your selected identification documents to a certifier (see list below) who will certify that the original documents have been sighted, Ensure the certifier copies the originals and signs the copy confirming that it is a true copy of the original document and includes on the copy the date, their name and designation from the list below, and Mail this form and your certified copy/s of identification to us. (We cannot accept facsimiles or copies of the certified documents) ACCEPTABLE CERTIFIERS Who to see Australia Post Banking and other financial institutions Justice of the Peace Or Notary Public Legal Professionals/ Law Enforcement Accountants Financial Adviser Consular or Diplomatic Officer Conditions and definitions An agent of the Australian Postal Corporation who is in charge of an office supplying postal services to the public; or a permanent employee of the Australian Postal Corporation with two or more years of continuous service who is employed in an office supplying postal services to the public. An officer with two or more continuous years of service with one or more financial institutions or a finance company officer with two or more continuous years of service with one or more financial companies. This includes Suncorp and its subsidiaries. An individual appointed by the courts whose duties include certifying documents. A person who is enrolled on the roll of the Supreme Court of a State or Territory, or High Court of Australia, as a legal practitioner. Other professionals include a judge of a court; a magistrate; a chief executive officer of a Commonwealth court; a registrar or deputy registrar of a court, or a police officer. A member of the institute of Chartered Accountants in Australia, CPA Australia or the National Institute of Accountants with two or more years of continuous membership. An officer with, or authorised representative of, a holder of an Australian financial services licence, having two or more continuous years of service with one or more licensees. Please note however that if you are consulting face to face with your current financial adviser, the certification process is not required- see the following section Verification Procedure. An Australian Consular Officer or an Australian Diplomatic Officer. Investment Funds 9

16 VERIFICATION PROCEDURE to be completed by your financial adviser For individuals verify their full name and EITHER their date of birth or residential address from the ORIGINAL copies of identification documents provided above. For companies verify the full name of the company as per the searches carried out, whether it is a public or private company and their ACN. Ensure the individual has completed from Section 5 Part A, or Part B if the individual does not own a document from Part A, and Part C if residing overseas or Part D if investing as a sole trader with a registered business. Ensure for Australian companies Section 6 Part A has been completed. Complete this section to indicate the details of the verification procedure conducted Ensure original documentation is sighted when meeting the customer face to face (certified copies are only acceptable if you do not meet face to face and they must meet the requirements detailed in the section above) Verify that the documents have not expired or are within the time periods stipulated (e.g. an Australian passport which has expired in the last two years) Financial Advisers, please DO NOT attach copies of the identification documents when forwarding this form. ID DOCUMENT DETAILS Document 1 Document 2 (if using Part B or C) Verified From Original Certified Copy** Original Certified Copy** Document Type/Issuer Issue Date Expiry Date (if applicable) Document Number (if any) Accredited English Translation N/A Sighted* N/A Sighted* Verified Date / / / / Adviser s Name Adviser s Organisation Phone No. Adviser No * A verifier who is able to translate non-english proof of identification documents can do so, otherwise an NAATI accredited translator must provide the translation BEFORE verification can occur. ** Certified copies of documentation are only permitted where clients have not been assisted by a financial adviser. SECTION 7 PRIVACY STATEMENT Suncorp is an Allfinanz group offering many different categories of financial products and services in banking, insurance, investments and advice on financial services. We need to collect personal information from our customers so we can, set up and administer a product for the customer; determine a customer s requirements and provide the appropriate product or service; assess a claim made by a customer under one or more of our products; assess our customers and their needs; and improve our financial products and services. Without this information, we cannot provide the product or service. Protecting the privacy of our customers is a key part of our normal operations. As one of a number of companies that form the Suncorp Group, we provide personal information about a customer to all the related companies within this group. We do not disclose personal information to any outside third party organisation, unless it is contracted to Suncorp to provide administrative services or activities on our behalf. In this case, we make sure that the third party is bound by the same privacy rules we follow. Sometimes, Suncorp might use personal information to make product related material on a range of financial products and services available to our customers. A customer may elect not to receive product related material by indicating below. Please do not send product related material on Suncorp s range of financial products and services. A customer may, change their mind at any time about receiving product related material; access the personal information that we hold about them; get more information about Suncorp; and obtain a copy of our Privacy Policy, by calling , or contacting us at suncorp.com.au or by visiting any of our branches. 10

17 SECTION 8 CONFIRMATION AND ACKNOWLEDGMENTS I/We have read the Suncorp Investment Funds PDS with an effective date of 30 June 2006, the supplementary PDS with an effective date of 18 March 2008, the supplementary PDS dated 16 December 2008 and agree Your Company Seal goes here. to be bound by the terms and conditions of the PDS, supplementary PDS s and the Constitutions (as amended); I/We confirm that I/we received and accepted this offer in Australia and I am/we are residents of Australia. I/We acknowledge that where this PDS was received by me/us or my/our agent from the internet or by other electronic means, that I/we received it personally, or a paper print out of it, accompanied by or including this Application Form. I/We acknowledge that Suncorp-Metway Ltd and its subsidiaries and related companies (including SMIML) do not guarantee the repayment of capital or the investment performance of any of the Funds. I/We acknowledge that an investment in the Funds is not a bank deposit or other bank liability and is subject to investment risk including possible delays in repayment and loss of income and principal invested. I/We agree to release and indemnify SMIML, against all actions, claims, costs and demands and losses, arising from or in any way relating to, SMIML in good faith accepting or acting on any instructions (including any instructions to switch or withdraw investments) received by facsimile transmission which are, or are purported to be, signed by me/us (or any person authorised to sign any such instructions) or by s sent, or purported to be sent, from me/us. By signing this application, I/we agree to Suncorp collecting, using and disclosing my/our personal information, including sensitive and health information if applicable, in accordance with the Privacy Statement included in this Application Form and the Suncorp Privacy Policy. I/We confirm that if investing as trustee, on behalf of a trust, I/we are acting in accordance with my/our powers and authority under the trust deed. Before signing, applicants should read the PDS, and the supplementary PDS s in their entirety. Each applicant must sign this Application Form. If you are signing under Power of Attorney, you must attach a certified copy of the Power of Attorney. Applications by a trustee/s must be signed by each trustee. Signature Investor No. 1: Print Name: Date (dd/mm/yyyy): / / Signature Investor No. 2: Print Name: Date (dd/mm/yyyy): / / SECTION 9 ADVISER S SECTION Name: Adviser Number: Branch Number (if applicable): Business Phone: Referred by (if applicable): Referrer Adviser Number (if applicable): Referrer Branch Number (if applicable): Signature: Please Rebate % of my initial commission to the investor/s as additional units. (Full rebate = 100%) SECTION 10 CHECKLIST Is the application fully completed and signed by all investors? Have the TFN details sections been correctly completed? Have the correct Fund/s been nominated? If the Monthly Savings Plan has been selected, has the Direct Debit Request Form been completed? Has a non-negotiable cheque been provided for the total amount of the investment and attached to this application form? Have you attached appropriate documentation where indicated in sections 5 and 6? Please post your Application Form together with your cheque and proof of identity documents to: Suncorp Investment Funds (LS035) GPO Box 1453 Brisbane Qld 4001 If we do not receive a fully completed application form, required documentation and a non-negotiable cheque your application will not be processed until all documents are received by Suncorp. Investment Funds 11

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19 By completing this form, you acknowledge that you have received and read all parts of this PDS, including the Supplementary PDS issued 31 March Suncorp Investment Funds Additional Application Form Issued by Suncorp Metway Investment Management Limited ABN: AFS Licence No: Prepared: 16 December Please use CAPITAL letters and boxes where needed. Please use the Additional Application Form if you are making an additional investment. SECTION 1 INVESTOR DETAILS Investment Number: Investment Name/s: Date of Birth: Contact Details: Street No. and Name or PO Box: Suburb: Daytime Phone Number: State: Mobile Number: Postcode: SECTION 2 CONTRIBUTION DETAILS Investment deposit via cheque payable to: SCUS Suncorp Investment Funds Minimum Requirements Entry Type Initial Deposit Additional Initial Deposit Monthly Monthly Lump Sum Deposit Savings Program** Contribution Amount Contribution Fee $2,000 $1,000 $100 $100 Nil Contribution Fee $2,000 $1,000 n/a n/a Contribution Fee Fund Investment ($) Monthly Distribution Distribution Type* Distribution*** Amount Savings Plan** Type* Reinvest Paid to Fixed Payment $ per month (tick) Account (tick) ($) Australian Shares Fund $ $ n/a Growth Fund $ $ n/a Property Growth Fund $ $ n/a Conservative Fund $ $ Income Fund $ $ Global Shares Fund $ $ n/a Balanced Fund $ $ n/a Imputation Fund $ $ n/a Total Investment $ Investment Funds 13

20 Nil Contribution Fee Fund Investment ($) Distribution Distribution Type* Distribution*** Amount Type* Reinvest Paid to Fixed Payment (tick) Account (tick) ($) Australian Shares Fund $ $ n/a Growth Fund $ $ n/a Property Growth Fund $ $ n/a Conservative Fund $ $ Income Fund $ $ Global Shares Fund $ $ n/a Balanced Fund $ $ n/a Imputation Fund $ $ n/a Cash Fund $ $ n/a Total Investment $ *If no income distribution method is indicated, all distributions will be reinvested into the same Fund. ** For the Savings Plan you need to complete the Direct Debit Request Authority form. ***Distribution If you are investing at least $20,000 into either or both of the Suncorp Income Fund or the Suncorp Conservative Fund, you may utilise the Fixed Payment Plan. Please tick this box if you wish to have your Monthly Savings Plan amount increased in line with the Consumer Price Index All Groups Australia ( CPI ) each year. Indexation occurs in July based on the annual percentage movement in the CPI to March of the same year. SECTION 3 CHANGE OF FINANCIAL INSTITUTION DETAILS Name of Bank/Building Society/Credit Union: Branch Address: BSB Number: Account Number: Name/s of Account Owner/s: 14

21 SECTION 4 PRIVACY STATEMENT Suncorp is an Allfinanz group offering many different categories of financial products and services in banking, insurance, investments and advice on financial services. We need to collect personal information from our customers so we can, set up and administer a product for the customer; determine a customer s requirements and provide the appropriate product or service; assess a claim made by a customer under one or more of our products; assess our customers and their needs; and improve our financial products and services. Without this information, we cannot provide the product or service. Protecting the privacy of our customers is a key part of our normal operations. As one of a number of companies that form the Suncorp Group, we provide personal information about a customer to all the related companies within this group. We do not disclose personal information to any outside third party organisation, unless it is contracted to Suncorp to provide administrative services or activities on our behalf. In this case, we make sure that the third party is bound by the same privacy rules we follow. Sometimes, Suncorp might use personal information to make product related material on a range of financial products and services available to our customers. A customer may elect not to receive product related material by indicating below. Please do not send product related material on Suncorp s range of financial products and services. A customer may, change their mind at any time about receiving product related material; access the personal information that we hold about them; get more information about Suncorp; and obtain a copy of our Privacy Policy, by calling , or contacting us at suncorp.com.au or by visiting any of our branches. SECTION 5 CONFIRMATION AND ACKNOWLEDGMENTS I/We have read the Suncorp Investment Funds PDS with an effective date of 30 June 2006, the supplementary PDS with an effective date of 18 March 2008, the supplementary PDS dated 16 December 2008 and agree Your Company Seal goes here. to be bound by the terms and conditions of the PDS, supplementary PDS s and the Constitutions (as amended); I/We confirm that I/we received and accepted this offer in Australia and I am/we are residents of Australia. I/We acknowledge that where this PDS was received by me/us or my/our agent from the internet or by other electronic means, that I/we received it personally, or a paper print out of it, accompanied by or including this Application Form. I/We acknowledge that Suncorp-Metway Ltd and its subsidiaries and related companies (including SMIML) do not guarantee the repayment of capital or the investment performance of any of the Funds. I/We acknowledge that an investment in the Funds is not a bank deposit or other bank liability and is subject to investment risk including possible delays in repayment and loss of income and principal invested. I/We agree to release and indemnify SMIML, against all actions, claims, costs and demands and losses, arising from or in any way relating to, SMIML in good faith accepting or acting on any instructions (including any instructions to switch or withdraw investments) received by facsimile transmission which are, or are purported to be, signed by me/us (or any person authorised to sign any such instructions) or by s sent, or purported to be sent, from me/us. By signing this application, I/we agree to Suncorp collecting, using and disclosing my/our personal information, including sensitive and health information if applicable, in accordance with the Privacy Statement included in this Application Form and the Suncorp Privacy Policy. I/We confirm that if investing as trustee, on behalf of a trust, I/we are acting in accordance with my/our powers and authority under the trust deed. Before signing, applicants should read the PDS, and the supplementary PDS s in their entirety. Each applicant must sign this Additional Application Form. If you are signing under Power of Attorney, you must attach a certified copy of the Power of Attorney. Applications by a trustee/s must be signed by each trustee. Signature Investor No. 1: Print Name: Date (dd/mm/yyyy): / / Signature Investor No. 2: Print Name: Date (dd/mm/yyyy): / / Investment Funds 15

22 SECTION 6 ADVISER S SECTION Name: Referred by (if applicable): Adviser Number: Referrer Adviser Number (if applicable): Branch Number (if applicable): Referrer Branch Number (if applicable): Business Phone: Signature: Please Rebate % of my initial commission to the investor/s as additional units. (Full rebate = 100%) 16

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27 Suncorp Investment Funds Supplementary Product Disclosure Statement

28 Suncorp Investment Funds Supplementary Product Disclosure Statement Prepared: 18 March 2008 Issuer: Suncorp Metway Investment Management Ltd ABN: AFSL: Contact Details: Investment Funds Client Services Facsimile Number (07) Address Website Postal Address Registered Business Address suncorp.com.au Suncorp Investment Funds (LS035) GPO Box 1453, Brisbane QLD 4001 Level 18, Suncorp Centre 36 Wickham Terrace Brisbane QLD 4000 About this Supplementary Product Disclosure Statement This is a Supplementary Product Disclosure Statement ( SPDS ) for the Suncorp Investment Funds Product Disclosure Statement dated 30 June 2006 ( PDS ) issued by Suncorp Metway Investment Management Limited ( SMIML ) ABN , AFSL This SPDS must be read together with the PDS and covers the following funds: Suncorp Australian Shares Fund ARSN Suncorp Imputation Fund ARSN Suncorp Property Growth Fund ARSN Unless otherwise stated, terms defined in the PDS have the same meaning in this SPDS. How are the Funds invested? On page 7 of the PDS the following paragraph is to be inserted after the second paragraph as follows: Russell Investment Management Limited (Australian Financial Services Licence No ) ( Russell ) has been appointed by SMIML to manage the following underlying Suncorp Investment Management Trusts ( SIMTs ) on an interim basis: the Suncorp Investment Management Australian Equities Trust, Suncorp Investment Management Property Securities Trust and Suncorp Investment Management Imputation Trust. With the appointment of Russell, Suncorp Investment Management is offering clients a temporary reduction in the Ongoing Fee for the Suncorp Australian Shares Fund and Suncorp Imputation Fund. The fee reduction will take effect from 18 February 2008 until the interim management arrangements are terminated. The appointment of Russell does not affect the investment objective of the Suncorp Australian Shares Fund, Suncorp Imputation Fund or the Suncorp Property Growth Fund. Investment Options On page 11 of the PDS the Ongoing Fee for the Suncorp Australian Shares Fund and Suncorp Imputation Fund will decrease from 1.95% p.a to 1.45% p.a whilst the interim arrangements are in place. The Ongoing Fee for the Suncorp Property Growth Fund remains unchanged. Suncorp Imputation Fund On page 18 of the PDS the Ongoing Fee decreases from 1.95% p.a to 1.45% p.a. Suncorp Australian Shares Fund On page 19 of the PDS the Ongoing Fee decreases from 1.95% p.a to 1.45% p.a. 2

29 Fees and other costs On page 26 of the PDS under the heading Management Costs the management cost decreases from 1.95% p.a to 1.45% p.a for the Suncorp Australian Shares Fund and Suncorp Imputation Fund. Responsible Entity On page 49 of the PDS under the heading Directors of the Responsible Entity the new directors are as follows: D. P. Fox, BA, FIA, FIAA B. Himbury, Exec MBA (AGSM) K. L. Hooper, BBus, CPA On page 49 of the PDS under the heading Company Secretary of the Responsible Entity the following Company Secretary is to be added: D. C. Solomon, LLB Investment Funds 3

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31 Contents Summary of Features 4 About the Suncorp Group 5 Suncorp Wealth Management 5 Suncorp Investment Management 5 The benefits of wealth creation and protection 6 Contact details for the Fund 6 Managed Funds Overview 7 What is a managed fund? 7 How are the Funds invested? 7 The four main asset classes 7 Understanding investment risk 8 Which Fund is best suited to you 9 Managing investment risk by diversifying your investments 9 Understanding your investment profile 10 Investment Options 11 Suncorp Cash Fund 12 Suncorp Income Fund 13 Suncorp Conservative Fund 14 Suncorp Balanced Fund 15 Suncorp Growth Fund 16 Suncorp Property Growth Fund 17 Suncorp Imputation Fund 18 Suncorp Australian Shares Fund 19 Suncorp Global Shares Fund 20 Management of your Account 21 Establishing and transacting on your account 21 Additional features 22 Receiving income 23 How are your transactions processed? 24 Fees and Other Costs 25 Consumer Advisory Warning 25 Fees and costs table 26 Example of annual fees and costs for a balanced investment option 27 Withdrawal fee for Nil Contribution Fee option worked example 27 Additional explanation of fees and costs 28 Additional Information 29 Investment information 29 Performance calculations 29 Information on your investment 29 Taxation information 30 Registration of the Funds 30 Constitution 31 Authorised agent 31 Compliance Plan and Compliance Committee 31 Socially responsible investing 31 Disclosing entities 32 Disclosure of interest 32 Frequently Asked Questions 33 Complaint and Dispute Resolution 34 Completing the Application Form 36 The Application Form Direct Debit Request Form The Additional Application Form Investment Funds 3

32 Summary of features Investment options Fund details are on pages Diversified Funds Suncorp Income Fund Suncorp Conservative Fund Suncorp Balanced Fund Suncorp Growth Fund Single Sector Funds Suncorp Cash Fund Suncorp Property Growth Fund Suncorp Imputation Fund Suncorp Australian Shares Fund Suncorp Global Shares Fund Suncorp Investment Funds offer investors the choice of a Contribution Fee option or a Nil Contribution Fee option on all Funds except the Cash Fund, which is Nil Contribution Fee only. Features Explanation of features available on pages Minimum Payment Method Initial Investment $2,000 per Fund Cheque (or $100 under the Monthly Savings Plan) Additional Investment $1,000 per Fund Cheque (or $100 under the Monthly Savings Plan) Withdrawal $1,000 per Fund Cheque/Nominated account Switching $1,000 per Fund n/a Balance $1,000 per Fund n/a Monthly Savings Plan $100 per month per Fund Initial payment by cheque. (only available on Contribution Fee Option for each Fund) Ongoing payment via Direct Debit Fixed Payment Plan $20,000 initial investment Cheque (only available for investments in the Suncorp Income and Suncorp Conservative Funds) $200 payment per quarter for the Suncorp Conservative Fund Transfer to an account nominated by you $70 payment per month for the Suncorp Income Fund Distribution options Distribution details are on page 23 Payment Options Frequency Transferred to an account nominated by you or reinvested back in the Fund Monthly, quarterly, or half yearly depending on the Fund Who can invest? Individuals over 18 years old Companies Incorporated bodies (eg: strata bodies corporate, trade unions and some social or sporting associations) Trustees, including trustees of self managed super funds, unincorporated bodies and deceased estates Who can not invest? Overseas residents Investment in the Fund is only available to a person receiving the PDS in Australia who is an Australian resident at the time of application. The Fund is not available to applications from foreign residents as the Fund may not comply with foreign laws. 4

33 About the Suncorp Group The Suncorp Group comprises Australia s 6th largest bank and ranks in the top 4 general insurance groups*. Suncorp-Metway Limited, the parent company in the Suncorp Group, ranks in the top 25 Australian listed companies in terms of market capitalisation. The Suncorp Group provides financial solutions for individuals and businesses. Its diverse range of products and services, which include banking, insurance, wealth management, superannuation and financial planning, are provided through various companies in the Suncorp Group. Customers can access services through a network of retail branches and agencies, as well as via the Internet and telephone. *Source: KPMG Financial Institutions Surveys (Major and Regional Banks) 2005, General Insurance Industry Survey Suncorp Wealth Management The Suncorp Wealth Management division covers life insurance, superannuation and managed investments. This division also includes the funds management activities of Suncorp Investment Management ( SIM ). Products and services provided for Suncorp Wealth Management s retail consumers and small businesses include superannuation (personal, allocated pensions and employer sponsored), managed investments (unit trusts and Investor Directed Portfolio Services), life insurance (term life, trauma and income protection) and financial planning advice. Suncorp Investment Management Investment Management Expertise The investment management of the Suncorp Investment Funds is conducted by SIM. SIM is a business name owned and operated by SMIML. SIM is an investment manager with approximately $12.3 billion in funds under management (as at 31 December 2005), and over 40 investment professionals. SIM s Investment Style is their Strength SIM believes that it can deliver better investment returns than strictly relying on benchmark returns. In aiming to achieve superior returns, SIM may take positions in the Fund from time to time that deviate from the neutral benchmark position (refer Asset Class Indices table), through asset allocation and stock selection. Research is not an art, but a science. SIM s investment decisions are supported by detailed analysis of the securities and the key financial markets, with an eye on the global perspective. Risks are managed. There s no gain without possible pain, but SIM applies strict risk controls to minimise the exposure to downside risk. SIM uses processes that ensure the strategies it adopts for the Fund take into account potential risks to the Fund. Measuring Performance How can you tell if the professional management of SIM is meeting the investment objectives for each of the Funds? The answer is simple. You can compare each Suncorp Investment Fund s return against the neutral benchmark return for a given period. The performance of the five single sector Funds are benchmarked against a specific index constructed of the relevant asset class. For example the Suncorp Australian Shares Fund benchmarks its performance against the S&P/ASX 200 Accumulation Index. For the four diversified Funds however, there is no one relative index to benchmark against. Therefore we construct a Performance Index based on the neutral asset benchmark weight for each Fund. For example the Performance Index for the Suncorp Balanced Fund is constructed using: 25% of the Australian Shares Index 15% of the Overseas Shares Index 10% of the Listed Property Index 20% of the Australian Fixed Interest Index 10% of the Overseas Fixed Interest Index 20% of the Cash Index The weightings are taken from the neutral benchmark position of the Suncorp Balanced Fund. The neutral benchmark position for all the diversified Funds can be found on pages of this PDS. The table below contains details of the indices that we use as a benchmark for the performance of each asset class. The indices we use may change over time. Asset Class Indices Asset Class Market Index as at 31 Dec 2005 Cash UBSA Bank Bill Index Mortgage backed securities UBSA Bank Bill Index Australian fixed interest UBSA Composite Bond Index Overseas fixed interest JP Morgan Global Bond Index Ex-Australia Hedged in AUD Australian shares S&P/ASX 200 Accumulation Index Overseas shares Morgan Stanley Capital International (MSCI) World Index ex Australia (with net dividends reinvested) expressed in AUD (unhedged) Listed property S&P/ASX 200 Property Trusts Accumulation Index Investment Funds 5

34 About the Suncorp Group The benefits of wealth creation and protection Wealth creation involves saving and investing your money in order to achieve specific financial and lifestyle goals. Your goals might include growing your capital and generating regular income. It may also include protecting what you already have. There are many strategies and financial products you can use to create wealth, including superannuation and managed investments. You can also invest directly in shares, property, fixed interest and cash. Likewise, there are many life insurance products such as term life, trauma and income protection insurance to help protect your wealth against unforeseen events. The right approach to wealth creation and protection varies from person to person but the fundamentals remain the same setting goals and putting together a plan to ensure they are met. A properly accredited adviser can help you design a plan that is right for you, based on your personal situation, your goals, needs and objectives. Contact details for the Fund Phone Client services on am to 5pm (Queensland time, Monday to Friday on a Queensland business day.) Fax Client services on (07) Mail Internet Suncorp Investment Funds (LS035), GPO Box 1453, Brisbane, QLD 4001 direct@suncorp.com.au suncorp.com.au 6