Document ID: chunk:federal_register_of_legislation:F2024C00737:body:0:p2
Version: federal_register_of_legislation:F2024C00737
Segment Type: other
Provision Reference: 
Character Range: 3558–6435

ETF (short for exchange traded fund) means a registered scheme or a sub-fund of a CCIV in relation to which all of the following are satisfied:

           (a) interests in the scheme or sub-fund are in a class that is able to be traded on a financial market operated by ASX or Cboe, but the scheme or sub-fund is not listed on either of those markets;

           (b) the responsible entity or CCIV has the power and approval to issue interests in that class on any day that those interests are able to be traded on the relevant financial market;

           (c) the responsible entity or CCIV allows applications for, and redemptions of, interests in that class on any day that those interests are able to be traded on the relevant financial market.

       interest in a sub-fund of a CCIV means a share in the CCIV that is referable to the sub-fund.

Part 2—Declaration

5 Information required in a periodic statement

       Part 7.9 of the Act applies in relation to an interest in a registered scheme or a sub-fund of a CCIV that is:

           (a) a quoted ED security; or

           (b) an interest in an ETF;

           Note:  Part 7.9 of the Act applies to a CCIV subject to the modifications set out in Division 4 of Part 8B.7: see section 1241 of the Act.

           as if section 1017D were modified or varied as follows:

           (c) after paragraph (5)(f), insert:

              "(fa) if the financial product is a quoted ED security or an interest in an ETF (within the meaning of ASIC Corporations (Periodic Statement Relief for Quoted Securities) Instrument 2024/14), the address of a website on which information about the performance of the scheme or sub-fund relative to the investment objectives of the scheme or sub-fund is available for an holder to make an informed assessment of the performance of the scheme or sub-fund;";

           (d) after subsection (8) (as notionally inserted by regulation 7.9.16O of the Corporations Regulations 2001), insert:

               "(8A) If the financial product is an interest in a registered scheme or a sub-fund of a CCIV that forms part of a stapled security, the periodic statement:

                   (a) despite section 1010A, must include the information required by subsections (4), (5) and (5A) as affected by regulations 7.9.16O, 7.9.60B, 7.9.74A and 7.9.75 of the Corporations Regulations 2001 (the Regulations)) and set out such information in the manner and using the terminology and descriptions required by subregulations 7.9.16O(2) and 7.9.60B(7) of the Regulations as if:

                      (i) costs, fees, amounts and other information required in relation to the product were required, and determined, in relation to the stapled security; and

                      (ii) costs, fees, amounts and other information required in relation to the scheme or sub-fund were