Document ID: chunk:federal_register_of_legislation:F2015L01011:body:0:p10
Version: federal_register_of_legislation:F2015L01011
Segment Type: other
Provision Reference: 
Character Range: 26528–29786

6 as the sum of the values reported in item 3 column 6.

                    The asset class types are: cash, fixed income, equity, property, infrastructure, commodities and 'other'.

                    The asset domicile types are: Australia domicile, international domicile and 'not applicable'. Where the asset domicile is not known, report asset domicile type as 'not applicable'. Asset domicile is the domicile of the assets identified when applying the look through requirements, not the domicile of the investment vehicle.

                    The asset listing types are: listed, unlisted and 'not applicable'. Report asset listing type as 'not applicable' for asset class type cash. Where the asset listing is not known, report asset listing type as 'not applicable'.

                    Investments in investment vehicles must be allocated to each combination of asset class type, asset domicile type and asset listing type represented in the underlying investments.

                    An investment must be reported as asset class type 'other' for reasons including, but not limited to, (a) an RSE licensee does not have sufficient information about an investment to classify it into the specified asset classes; or (b) an investment is in a different category than the combinations of: asset class type, domicile type and listing type.

                    Exclude from asset class type 'other' an investment in a multi-asset class investment vehicle including, but not limited to: cash management trust, life company guaranteed, life company investment linked, life company other, listed retail trust, pooled superannuation trust, unlisted retail trust and wholesale trust. Investments in these investment vehicles must be allocated to each asset class, domicile, currency and listing type represented in the underlying investment.

                    Examples of other investments include: hedge funds, mezzanine debt, convertible debt.

                    Examples of listed equity investments include: common shares, preference shares. ETFs and listed trusts are to be allocated to the asset class of the underlying asset. Include ETFs, and listed equity trusts in listed equity. Exclude non-equity ETFs and listed trusts such as: fixed income ETFs, commodity ETFs, listed property trusts and listed infrastructure trusts.

                    Examples of unlisted equity investments include: venture capital, private equity.

                    Examples of commodities include: precious metals, agricultural natural resources, energy, livestock, commodity ETFs, ETCs.

Effective exposure  Represents the sum of the value of all physical assets together with the equivalent asset position of the derivative instruments. The equivalent asset position of a derivative is the dollar amount of the underlying physical asset that needs to be held to generate the same return as holding the derivative.

Physical assets     Represents an item of economic, commercial or exchange value that has a tangible or material existence. Includes: precious metals, property, plant and equipment and oil.

Indirectly held investments by vehicle

Item 4 collects information about the investment vehicle type and investment vehicle domicile type for