MLC MasterKey Super & Pension Fundamentals - …

1 MLC MasterKey Super & Pension FundamentalsPreparation date: 1 July 2014 MLC Nominees Pty Limited (MLC) ABN 93 002 814 959 AFSL 230702 RSE L0002998 The Universal Super Scheme ABN 44 928 361 101 RSE R1056778 MLC MasterKey Super Fundamentals USI 44928361101007 Application FormMLC MasterKey Super FundamentalsMLC MasterKey Super Fundamentals Application Form | 1 of 20We can only accept your request if the form is correctly information in this document forms part of the Product Disclosure Statement, dated 1 July 2014. Together with the Fee Definitions Flyer, Investment Menu and Investment Protection Guide, these documents should be considered before making a final decision to informationBefore sending this Application Form to MLC, please check that you have completed: all the questions on the Application Form (as appropriate) by printing clearly in the spaces provided and have signed the relevant sections.

2 Any Consolidate your Super forms and they are signed by of Identity MLC is required to verify your identity before you can access your money. You may choose to provide your proof of identity with this application. If you are applying for this product via a financial adviser, they will verify your identity. If you are applying for this product directly to MLC please attach certified copies of relevant proof of identity documents as outlined on the Proof of Identity form on you are making a contribution by cheque, please make it payable to MLC Nominees Pty Limited, crossed Not negotiable . Please forward everything to: MLC, PO Box 200, North Sydney NSW 2059 Your application details1. Are you also submitting an MLC MasterKey Pension Fundamentals Application Form?Ye s No 2. Personal details Existing MasterKey Customer number (if known) Title First nameMr Mrs Miss Ms Other Middle name Family name Date of birth (DD/MM/YYYY) GenderMale Female 1 Preparation date 1 July 2014 Issued by The Trustee MLC Nominees Pty Limited (MLC)ABN 93 002 814 959 AFSL 230702 The Fund The Universal Super Scheme ABN 44 928 361 101 MLC MasterKey Super & Pension FundamentalsProduct Disclosure StatementAbout MLC MasterKey Super & Pension FundamentalsThis Product Disclosure Statement (PDS) is a summary of significant information and contains references to further important information in the Fee Definitions Flyer, Investment Menu, Investment Protection Guide and Application Forms (each of which forms part of the PDS).

3 You should consider all information before making a decision to invest in this information is general and doesn t take into account your personal financial situation or individual recommend you obtain financial advice for your own personal you are in life, MLC MasterKey Super & Pension Fundamentals can help you retire with more. It s the one account that s with you when you re: working to save for retirement in the tax effective environment of Super moving towards retirement and continuing to grow your Super while receiving income from your Pension , and enjoying retirement while receiving a tax effective income no matter where you re at in your working life, we can help you structure your Super to build a better retirement. With 125 years of experience in looking after Australians financial needs, you know you re with one of Australia s most trusted and awarded wealth managers.

4 We offer a diverse range of multi and single sector investment options managed by MLC as well as other investment MasterKey Super & Pension Fundamentals is part of The Universal Super Scheme, a Master Trust with more than $42 billion in funds under management (at 31 March 2014), invested on behalf of more than a million members. The MLC group of companies is the wealth management division of National Australia Bank (NAB).MLC provides Super , investment and insurance solutions and works closely with you and your financial adviser, to help grow and protect your wealth. You can find out more about MLC MasterKey Super & Pension Fundamentals and the available investment options online at more information For more information please contact us, speak with your financial adviser, or go to the online copy of this document on to in the online copy of this document link directly to the additional information About MLC MasterKey Super & Pension Fundamentals 12 How Super works 23 Benefits of investing with MLC MasterKey Super & Pension Fundamentals 24 Risks of Super 35 How we invest your money 36 Fees and costs 47 How Super is taxed 68 How to open an account 79 Other information 81.

5 Product Disclosure StatementInformation on your MLC MasterKey Super & Pension Fundamentals Super Fundamentals Application FormApplication Form for MLC MasterKey Super date: 1 July 2014 MLC Nominees Pty Limited (MLC) ABN 93 002 814 959 AFSL 230702 RSE L0002998 The Universal Super Scheme ABN 44 928 361 101 RSE R1056778 MLC MasterKey Pension Fundamentals USI 44928361101007 Application FormMLC MasterKey Pension FundamentalsMLC MasterKey Pension Fundamentals Application Form | 1 of 24We can only accept your request if the form is correctly information in this document forms part of the Product Disclosure Statement, dated 1 July 2014. Together with the Fee Definitions Flyer, Investment Menu and Investment Protection Guide, these documents should be considered before making a final decision to informationBefore sending this Application Form to MLC, please check that you have completed: all the questions on the Application Form (as appropriate) by printing clearly in the spaces provided and have signed the relevant sections.

6 Any Consolidate your Super forms and they are signed by of Identity MLC is required to verify your identity before you can access your money. You may choose to provide your proof of identity with this application. If you are applying for this product via a financial adviser, they will verify your identity. If you are applying for this product directly to MLC please attach certified copies of relevant proof of identity documents as outlined on the Proof of Identity form on you are making a contribution by cheque, please make it payable to MLC Nominees Pty Limited, crossed Not negotiable . Please forward everything to: MLC, PO Box 200, North Sydney NSW 2059 MLC MasterKey Super & Pension FundamentalsFee Definitions FlyerPreparation date 1 July 2014 Issued by The Trustee MLC Nominees Pty Limited (MLC) ABN 93 002 814 959 AFSL 230702 The Fund The Universal Super Scheme ABN 44 928 361 101 The information in this Fee Definitions Flyer forms part of the Product Disclosure Statement (PDS), dated 1 July 2014.

7 Together with the Investment Menu and Investment Protection Guide, these documents should be considered before making a final decision to invest. They are available at flyer defines the fees shown in Section 6 of the PDS. We re required by law to provide these to usFor more information visit or call us from anywhere in Australia on 132 652 or contact your financial address PO Box 200 North Sydney NSW 2059 Registered office Ground Floor, MLC Building 105 153 Miller Street North Sydney NSW 2060 Defined feesActivity fees A fee is an activity fee if:a. the fee relates to costs incurred by the Trustee that are directly related to an activity of the Trustee:i. that is engaged in at the request, or with the consent, of a member; orii. that relates to a member and is required by law; andb. those costs are not otherwise charged as an administration fee, an investment fee, a buy-sell spread, a switching fee, an exit fee, an advice fee or an insurance fees An administration fee is a fee that relates to the administration or operation of the Fund and includes costs incurred by the Trustee that:a.

8 Relate to the administration or operation of the Fund; andb. are not otherwise charged as an investment fee, a buy-sell spread, a switching fee, an exit fee, an activity fee, an advice fee or an insurance fees A fee is an advice fee if:a. the fee relates directly to costs incurred by the Trustee because of the provision of financial product advice to a member by:i. the Trustee; orii. another person acting as an employee of, or under an arrangement with, the Trustee; andb. those costs are not otherwise charged as an administration fee, an investment fee, a switching fee, an exit fee, an activity fee or an insurance spreads A buy-sell spread is a fee to recover transaction costs incurred by Investment Managers in relation to the sale and purchase of assets of the investment fees An exit fee is a fee to recover the costs of disposing of all or part of members interests in the cost ratio The indirect cost ratio (ICR) is the ratio of the total of the indirect costs for the investment option, to the total average net assets of the Fund attributed to the investment : A dollar-based fee deducted directly from a member s account is not included in the indirect cost fees An investment fee is a fee that relates to the investment of the assets of the Fund and includes:a.

9 Fees in payment for the exercise of care and expertise in the investment of those assets (including performance fees); andb. costs incurred by the Trustee that:i. relate to the investment of assets of the Fund; andii. are not otherwise charged as an administration fee, a buy-sell spread, a switching fee, an exit fee, an activity fee, an advice fee or an insurance fees A switching fee is a fee to recover the costs of switching all or part of a member s interest in the Fund from one class of beneficial interest to Nominees Pty Limited ABN 93 002 814 959 AFSL 230702. Part of the National Australia Bank Group of Companies. An investment with MLC is not a deposit or liability of, and is not guaranteed by, Pension Fundamentals Application FormApplication Form for MLC MasterKey Pension Fee Definitions FlyerDefinitions of the fees shown in Section 6 of the Product Disclosure Statement.

10 We are required by law to provide these definitions to date: 1 July 2014 MLC Nominees Pty Limited (MLC) ABN 93 002 814 959 AFSL 230702 RSE L0002998 The Universal Super Scheme ABN 44 928 361 101 RSE R1056778 MLC MasterKey Super Fundamentals MLC MasterKey Pension Fundamentals USI 44928361101007 Transfer your MLC MasterKey Pension Fundamentals account | 1 of 16 Transfer your MLC MasterKey Pension Fundamentals accountMLC MasterKey Super & Pension FundamentalsWe can only accept your request if you have an existing MLC MasterKey Pension Fundamentals account and the form is correctly information in this document forms part of the Product Disclosure Statement, dated 1 July 2014. Together with the Fee Definitions Flyer, Investment Menu and Investment Protection Guide, these documents should be considered before making a final decision to transfer your account informationBefore sending this form to MLC, please check that you have completed all questions on the form (as appropriate) by printing clearly in the spaces provided and have signed the relevant you are making a contribution by cheque, please make it payable to MLC Nominees Pty Limited, crossed Not negotiable.