Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10e_7:p2
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10E cl 7 (pt 2/2)
Character Range: 2337896–2339754

Schedule 10), section 5 must give the following information for the investment option under which the entity has the most funds invested (whether or not section 5 gives that information for any other investment option):
 (a) the name of the option and a short description of it, including the type of investors for whom it is intended to be suitable;
 (b) a list of the asset classes in which the option invests, setting out the strategic asset allocation of the asset classes in the form of a range or otherwise;
 (c) a description of the investment return objective of the option;
 (d) the minimum suggested time frame for holding the investment;
 (e) a description, in the form of a summary, of the risk level of the option.
 (6) Section 5:
 (a) must make provision for each investment option which is not presented in section 5 in accordance with subclause (3), (4) or (5); and
 (b) may make provision for the option by applying, adopting or incorporating matter in a document that:
 (i) includes the information mentioned in subclause (3), (4) or (5); and
 (ii) presents it in the way mentioned in the subclause.
 (7) The responsible entity:
 (a) must provide information about how a member may switch the member's investments; and
 (b) must provide information about:
 (i) whether the simple managed investment scheme's investment options may be changed; and
 (ii) if so, how the options may be changed; and
 (c) must describe, in the form of a summary, the extent to which labour standards or environmental, social or ethical considerations are taken into account in the selection, retention or realisation of investments relating to the simple managed investment scheme; and
 (d) may provide the information in paragraphs (a) to (c), and any additional information about investment options, by applying, adopting or incorporating a matter in writing.