Document ID: chunk:federal_register_of_legislation:F2024L00653:body:0:p40
Version: federal_register_of_legislation:F2024L00653
Segment Type: other
Provision Reference: 
Character Range: 166872–170713

analytics or research including the cost of subscriptions used for research and data analytics.
Reserve Bank Of Australia (RBA) (type of counterparty)  Means Australia's central bank.
Responsible persons                                     Has the meaning as in Prudential Standard SPS 520 Fit and Proper.
Retail Trust (investment vehicle type)                  Means a collective investment vehicle which provides exposure to a diversified portfolio of investments and can be accessed by retail clients.
Retirement (product phase)                              Means that the associated superannuation product is not in the accumulation phase and is designed to pay superannuation income streams in the retirement phase as defined in section 307-80 of the Income Tax Assessment Act 1997.
Return margin                                           Means the annual margin by which the return objective aims to exceed the value of the benchmark.
Return measurement                                      Means the type of return of the investment option that is compared to the benchmark return plus return margin for the purpose of assessing whether the investment option has achieved its return objective. Possible values are:
                                                            * Gross Investment Return;
                                                            * Gross Investment Return Net Of Fees;
                                                            * Net Investment Return; and
                                                            * Net Return.
Return objective                                        Means a 'return objective' referred to under paragraph 16(b)(i) of SPS 530.
Return objective target return (%)                      Means the investment objective return for the investment option, as measured by the return of the benchmark, plus the return margin.
Return objective target return description              Means a description of the benchmark and return margin used for the purpose of determining the return objective target return.
RG 97 version                                           RG 97 version is an indicator variable referencing the version of 'ASIC Regulatory Guide 97: Disclosing fees and costs in PDSs and periodic statements' (RG 97) referenced when determining fees and costs.
                                                        The RG 97 version options are:
                                                            * 2017;
                                                            * 2020; and
                                                            * Not Applicable.
Risk And Compliance (expense type)                      Means the expense incurred for risk management and compliance, including implementation of remediation programs, regulatory change and regulatory reporting not otherwise classified.
RSE, DB RSE, PST or ERF                                 Means an indicator to designate that reporting is at an RSE, DB RSE, PST or ERF level.
RSEL (service provider relationship type)               Means the service provider is the RSE licensee
RSE licensee                                            Has the meaning given in subsection 10(1) of the SIS Act.
RSE licensee (Investment Option Strategy Setting type)  Means the RSE licensee engages in activity relating to the setting of asset allocation targets in respect of the investment option.

S

Securities (collateral type)                           Means a financial instrument that represents an ownership in a corporation or a creditor relationship with a borrower.
Separately managed account                             Means a managed investment scheme as defined under the Corporations Act 2001 that is registered and non-unitised, containing a portfolio of investments that are beneficially owned