Document ID: chunk:federal_register_of_legislation:F2021C00160:body:0:p19
Version: federal_register_of_legislation:F2021C00160
Segment Type: other
Provision Reference: 
Character Range: 50546–53456

out of your investment
Exit fee2
The fee to close your investment
Switching fee
The fee for changing investment options

1. [If there are other service fees, such as advice fees or special request fees, include a cross‑reference to the "Additional explanation of fees and costs".]
2. This fee includes an amount payable to an adviser. (See Division 4, "Adviser remuneration" under the heading "Additional explanation of fees and costs".)

    202A Fees and Costs Summary for single fee structure—collective investment products

    Fees and other costs
    This section shows fees and other costs that you may be charged. These fees and costs may be deducted from your money, from the returns on your investment or from the assets of the managed investment scheme as a whole.
    Taxes are set out in another part of this document.
    You should read all the information about fees and costs because it is important to understand their impact on your investment.
    [If relevant] Fees and costs for particular investment options are set out on page [insert page number].

    Fees and costs summary
[Name of collective investment product]
Type of fee or cost                                                                                                   Amount  How and when paid
Ongoing annual fees and costs
Management fees and costs
The fees and costs for managing your investment2
Performance fees
Amounts deducted from your investment in relation to the performance of the product
Transaction costs
The costs incurred by the scheme when buying or selling assets
Member activity related fees and costs (fees for services or when your money moves in or out of the scheme)1
Establishment fee
The fee to open your investment
Contribution fee2
The fee on each amount contributed to your investment
Buy-sell spread
An amount deducted from your investment representing costs incurred in transactions by the scheme
Withdrawal fee2
The fee on each amount you take out of your investment
Exit fee2
The fee to close your investment
Switching fee
The fee for changing investment options

1. [If there are other service fees, such as advice fees or special request fees, include a cross‑reference to the "Additional explanation of fees and costs".]
2. This fee includes an amount payable to an adviser. (See Division 4, "Adviser remuneration" under the heading "Additional explanation of fees and costs".)

    Division 3—How to fill in the summary

    203 The preamble

        The material in the preamble to the summary should only include matters that are relevant to the product.

    204 Column 2—presentation of amounts

            (1) This clause, clause 205 and clause 206 are subject to regulations 7.9.15A, 7.9.15B and 7.9.15C.

            (2) If a particular fee or cost is not charged, "nil", "zero", "0" or "not applicable" (if it would not be misleading) must be written in column 2 opposite the