Product Disclosure Statement - Super Safeguard

1 Section 1: About Super SafeguardSuper Safeguard is a Product available from the Super Safeguard Fund, a regulated Eligible Rollover Fund (ERF) in accordance with the Superannuation Industry (Supervision) Act 1993 (SIS).The Product is designed to accept superannuation benefits from regulated superannuation funds or other arrangements as permitted by law. It helps guard low account balances and the account balances of lost members or other members transferred into the Fund against erosion by administration fees that are deductible directly from member accounts.

2 As a result of legislative requirements, all members benefits in Super Safeguard are protected under the Government s Member Benefit Protection Trustee of the Fund is The Trust Company (Superannuation) Limited, a professional trustee company with many years of experience. To satisfy capital requirements under superannuation legislation, the Trustee has the benefit of an approved guarantee of $5 million from a financial institution (in respect of the due performance of its duties).

3 A copy of the approved guarantee is available for perusal at the Trustee s offices. The Trustee uses various service providers in relation to the administration and operation of the Fund and the oversight of the Fund s investments. These service providers may change from time to time. The Fund Administrator is Primary Superannuation Services Limited (ABN 32 361 309 012, AFSL No. 238827. MLC Implemented Consulting (ABN 96002071749, AFSL 230692) provides asset consulting services to the Fund.)

4 MLC Implemented Consulting (MLCIC) is a division of MLC Limited (MLC). MLCIC is a manager of managers, meaning that it appoints and monitors specialist investment managers in asset classes and sectors. MLC has consented to any statements attributable to, or provided by, MLC appearing in this PDS. Section 2: How Super worksSuperannuation is a means of saving for retirement which is, in part, compulsory. There are different types of contributions available to a person (for example, employer contributions, voluntary contributions and government co-contributions) to help build retirement savings.

5 As an employee you may also have the right to choose into which your employer should direct their (compulsory) superannuation guarantee contributions (called Choice of Fund ). Further information about Choice of Fund is available from cannot accept contributions. This means that Super Safeguard cannot accept contributions from you or your receives concessional tax treatment, that is, tax savings are provided by the Government. Refer to Section 7 of this PDS for more you can ask us to transfer your benefit in Super Safeguard to another superannuation Product at any time, there are limitations on cash withdrawals from superannuation.

6 These limitations apply to all superannuation funds. Generally, you can access your superannuation savings once you retire on or after reaching your preservation age or in other circumstances permitted by law (for example, death, permanent incapacity and financial hardship) - called conditions of release . The conditions of release for temporary residents are more restrictive than those applicable to Australian citizens, New Zealand citizens or permanent residents of are also limitations on who can receive your benefit in the event of death.

7 Usually superannuation benefits can only be paid to a dependant (as defined in Government legislation) and/or legal personal representative of a deceased are certain circumstances in which superannuation benefits must be transferred by the Trustee to the Tax Office (for example, small or unidentifiable lost accounts, unclaimed benefits on or after age 65 and unclaimed benefits of former temporary residents). If you would like more information contact the information about Super is available from 3: Benefits of investing with Super SafeguardThis Product provides a low cost accumulation style arrangement where your account balance is made up of your initial and subsequent investments (if any), after taking into account any investment earnings, fees, costs and taxes that may is no choice of investment options available (all benefits are invested in a single investment pool).

8 This helps keep the costs of the Fund as low as reasonably possible. There are no insurance benefits available to members in this Product . Consolidate your Super within Super SafeguardIf you wish to roll in benefits from other superannuation funds or Retirement Savings Accounts please contact us and we will send you a form to complete with the other fund s details. Please make sure to contact your other fund about any fees or loss of benefits ( insurance) that may be associated with rolling in benefits from that fund before consolidating your Data MatchThe Administrator conducts regular searches using the personal information of members, to identify if any have recommenced contributing to their original superannuation fund or are contributing to other funds including funds which have nominated the Fund as their eligible rollover fund.

9 If a match is identified by the Administrator they will write to the member seeking their consent to have their benefit transferred back to their previous fund or other fund where they are once again contributing as an active member. If the member consents to the transfer, a written confirmation will be sent when the transfer has been completed. In line with the privacy policy, if you do not want your personal information to be used for this purpose you have the right to opt out by providing written notification to Super Safeguard addressed to Super Safeguard , GPO Box 3426, VIC, 3001 or by sending an email to your SuperWhen a member retires, or meets some other legislative condition for payment of their superannuation such as permanent incapacity, death or financial hardship.

10 Their account is payable as one or more lump StrategyThe investment strategy is to: preserve capital and avoid the risk of a negative return in any one financial year, whilst providing moderate growth; and as an ERF is a temporary vehicle rather than a long term investment, place an emphasis on defensive assets, while still having some limited exposure to growth Product s assets will be invested in accordance with the following table. The table outlines a Neutral Asset Allocation as well as the minimum and maximum allocations for Target Asset Allocations.