Statement of Advice
Superannuation

1d. Your risk profile and tolerance

Your overall risk tolerance is the lesser of the risk you are comfortable with and the risk your timeframe will allow you to take. The sample investment grid shows you how different investment risk scales work and how they could affect you. After our review, we have indentified investor.

Important note: Different combinations of investments, funds, and shares will alter the asset allocation. Your specific asset allocation will be outlined in this SoA &/or other advice documents. We recommend you read these documents carefully so you will know how your money will be allocated for each investment option.

2d. Why is my advice appropriate for you?

Superannuation

The above advice is to help you achieve your superannuation goals and outcomes.

Managed Funds also generally have higher fees than Exchange Traded Funds which erode your returns. Your superannuation is also a long term investment. As such, we have recommended Exchange Traded Funds which track or mirror the exchanges. Exchange Traded Funds are used to allow access to a range of exchanges both locally and internationally. This provides significant diversification advantages, high access to your funds (no waiting periods to withdraw) and have very low overall management fees. We believe that these investments will help you achieve your goal of increasing your superfund performance.

A key requirement was ease of access and transparency. Netwealth provides 24/7 access both online and via a phone app to your superfund. This gives you direct access to view not only your superfund balance, but also the investments and the individual returns for these investments.

We have identified investor.

Netwealth has a broad range of investments which allows your superfund to be highly tailored to your current circumstances. It also allows for changes and updates should your circumstances change or based on market conditions.

I embrace the concept of Best Interests Duty and give priority to your interests ahead of my own. My commitment is to act in the best interests of you my client and to act honestly, professionally, fairly and objectively in the provision of financial services. The processes I follow demonstrate the priority I give to your interests ahead of my own. This document also forms part of the process of meeting my obligations under the Best Interests Duty. So that I can provide you with appropriate advice it is important that the information your provide is correct and current. Please continue to update me if and when your needs change, so that I can ensure your advice is still current.

2e. Alternatives considered

In formulating my recommendations, I also considered the alternatives outlined below:

• We also investigated other platform providers however they were more expensive with little or no extra benefits.

2f. Does my advice have any disadvantages or risks?

As with any investment, there are risks associated, they are:

• Market Risk – The risk that markets (share/ investment markets) will go down.
• Industry Risk – The risk that a certain industry will underperform; this can also be applied to asset classes.
• Economic Risk – The risk that economic conditions change such as Interest Rates, Inflation and the general well being of the economy.
• Government/ Legislative Risk – The risk that the government may change its policy in relation to investments, taxation, free trade and more.
• Service Provider Risk – The risk that the fund manager / lender may default, experience high staff turnovers and loss of expertise.
• Interest Rate Risk – As with interest based investments, you may benefit or lose from movements of interest rates as these will affect your investment performances.
• Performance Risk – Future performance cannot be guaranteed.

3b. Other questions you might have

Am I restricted to an approved product list?
Yes. Advisers (like me) have an approved product and investment list. This means that I looked only with investments and products on the approved list when preparing your advice, and did not look at other investments or products available on the market. The approved product and investment list is put together by a research team and is regularly reviewed. Ask me for a copy of the list if you are interested.

Is Zenith Representatives associated with any recommended products?
No. Zenith Representatives is an independently owned Australian Financial Services Licensee and has no affiliation with any investment or product provider. This means we are free to offer advice that is in your best interests.

Do I guarantee the managed funds I have recommended?
No. By law, my recommendation to invest in these managed funds must be 'appropriate' for you. However, I cannot guarantee the performance of those managed funds.

Can you change your mind?
Yes. Even after you have paid for the products I have recommended, you might be able to get your money back if you are not happy (this is known as your 'cooling off' rights). Generally, for insurance products and managed funds, you can do this within 14 days of buying the product. The PDS for each product has more information about this.

Does my advice have a time limit?
Yes. My advice expires 30 days from the date of this ROA. You should not rely on my advice after that time if you haven't acted on it by then.

Is your personal information protected?
Yes. Information about you will not be given to anyone without your written permission unless the law says we must.