You may use the 2020 DIRECTINVEST website www.2020directinvest.com.au and any related websites subject to the following terms and conditions of use. By progressing further or by downloading any information you agree to be bound by these terms. Please read the following terms and conditions relating to access of www.2020directinvest.com.au services.

These terms and conditions of use together with any additional terms, conditions, notices and disclaimers found elsewhere on the 2020 DIRECTINVEST website and any related websites form the conditions of supply of material on, use of, and access to the 2020 DIRECTINVEST website and any related websites. Your continued use of the 2020 DIRECTINVEST website and any related websites constitutes an affirmative acknowledgment and agreement by you that you accept and agree to abide and be bound by these terms and conditions, including any modifications.

Should you object to any of these conditions or any subsequent modifications your only recourse is to immediately discontinue your use of the 2020 DIRECTINVEST website and any related websites.

This site is directed to and available for Australian residents only.

General

Any information displayed on this website is general information only. To the extent that any information contained on this website is financial or investment advice, it is general advice and does not take into account the particular financial situation, objectives or needs of individual investors. Investors should consider whether the advice is appropriate in light of their particular financial circumstances before investing, and if necessary seek professional advice. Accordingly any comments or statements made are not a recommendation that a particular course of action is suitable for you and should not be regarded as investment advice.

Before making any investment decision on the basis of any reports or information provided you must read the product disclosure document in full and carry out your own research into the accuracy, reliability and completeness of this information. You should also seek expert professional advice about any offer in light of your particular financial situation and particular investment needs and objectives because the information provided has no regard to your investment needs, objectives or circumstances (financial or otherwise), nor is it an exhaustive list of the investment opportunities that may be available.

No warranty is given as to the accuracy of information provided on the 2020 DIRECTINVEST website, and you rely on it at your own risk.

Offers of financial products published on the website will be made in, or accompanied by, a copy of the product disclosure document. Anyone wishing to acquire financial products will need to complete the application form that will be in or will accompany the product disclosure document. Any person who gives another person access to the application form must at the same time and by the same means give the other person access to the relevant product disclosure document and any supplementary product disclosure document. Please note applications to invest can only be made on application forms attached to current product disclosure statements.

Financial products will be allocated at the discretion of the offering company and the underwriter (if applicable) in accordance with the Corporations Act and the product disclosure document. 2020 DIRECTINVEST cannot guarantee that applicants will successfully receive an allocation.

2020 DIRECTINVEST will not, and does not vet, authorise or endorse the reliability, accuracy or completeness of any information provided on the website, and it does not it vet, authorise, endorse or accredit any advertisers, sellers or sponsors using this service. 2020 DIRECTINVEST makes no recommendation as to the merits of any investment opportunity referred to in this website.

2020 DIRECTINVEST is an authorised representative (AR 336649) of Mason Stevens Limited (AFSL 351578).

Accuracy of Information and Limitation of Liability

All information which appears in relation to an offer of financial products on this website or other publications has been provided by third party content providers or the offering company. 2020 DIRECTINVEST has not independently verified this information and simply acts as a publisher of information.

2020 DIRECTINVEST gives no assurances or guarantees that the information published on this website or any of its publications is accurate, complete or current.

You acknowledge that all copyright and intellectual property rights of whatever nature remains vested in 2020 DIRECTINVEST, the offering company, or third party content providers, as the case may be. All rights in relation to copyright are reserved.

To the extent permitted by law, 2020 DIRECTINVEST and its officers, employees or agents:

(a) disclaim all liability for loss or damage caused as a result of information provided  to users of the website; and

(b) are not liable to compensate you or any other person for any loss, damage, cost or expense sustained or incurred in connection with any opinion, advice, recommendation, representation or information expressly or impliedly published in, or contained on this website, or in any disclosure document to which you are provided access, or in connection with any application you make through the website for financial products notwithstanding any error or omission including negligence.

2020 DIRECTINVEST reserves the right to amend, vary, withdraw, suspend or cancel any other promotional offer at any time without notice.

Hyperlinks and pointers to websites operated by third parties will appear on 2020 DIRECTINVEST websites from time to time. These websites do not form part of 2020 DIRECTINVEST websites and are not under the control of 2020 DIRECTINVEST or its related bodies corporate and neither 2020 DIRECTINVEST nor its related bodies corporate have any responsibility for the contents of any such hyperlink or linked website. If you link to any such websites you leave 2020 DIRECTINVEST websites and do so entirely at your own risk.

2020 DIRECTINVEST websites may display third party advertisements, which may or may not contain hyperlinks or referral buttons to websites operated by third parties. The display of such advertising does not in any way imply a recommendation or endorsement by 2020 DIRECTINVEST or its related bodies corporate of the relevant advertiser, its products or services or any such linked website.

If you contact a third party using functionality provided on the 2020 DIRECTINVEST website or any related websites, including via e-mail, 2020 DIRECTINVEST accepts no responsibility for any actions taken by that third party in response to your communication or for any transactions entered into between you and the relevant third party.

Investment Risks

2020 DIRECTINVEST:

• Does not guarantee the performance of any fund or trust included on the site and makes no representation as to the success or otherwise of any such fund or trust;

• Has not authorised and is not responsible for the issue of any product disclosure statement or material (in whole or in part) included on the 2020 DIRECTINVEST website; and

• Does not make an offer or a recommendation with respect to any investment or superannuation fund interests in respect of which a product disclosure statement or material is included on this site.

• Does not guarantee the repayment of capital or the performance of any of the funds or any particular rate of return from the funds, or any taxation consequences of, any investment in any of those funds which is made under the product disclosure statements available from this site.

All indications of performance returns are historical and can not be relied upon as an indicator for future performance

Fund Data

The fund data in the Investment Opportunities area of this site is subject to the following disclaimers:

Fund data provided by Morningstar

Fee Disclosure

2020 DIRECTINVEST rebates up to 100% of all entry fees paid to them by fund managers to the investor by way of additional units within the fund or in some cases via cheque. This occurs when the fund manger pays a trailing commission and applies to offers of managed funds superannuation funds, allocated pension funds. In the case of funds or offers that do not pay 2020 DIRECTINVEST a trailing commission we will rebate up to 80% of the fees received by us. You should refer to the details of each individual product webpage to determine the applicable rebate.

The trailing commissions we receive on some funds are based on the level of the investors’ funds (as introduced by 2020 DIRECTINVEST) under management with the Fund Manager and range from 0.20% pa (for cash management trusts) to 0.60%pa for master trusts and wrap accounts. The average trailing commission is approximately 0.40% pa (e.g. $20 per year on a $5,000 investment). Trailing commissions are paid by the fund manager and are not an additional charge to the investor.

2020 DIRECTINVEST may receive fees for advertising on the site and within email newsletters.

2020 DIRECTINVEST will usually have a financial interest in the outcome or success of the offers of financial products mentioned in this website by way of commission payment for subscribed financial products obtained through disclosure documents downloaded from the website.

For more information please refer to our Financial Services Guide

Your conduct

As a condition of your use of the 2020 DIRECTINVEST website or any related websites and any services on the 2020 DIRECTINVEST website or any related websites, you warrant to 2020 DIRECTINVEST that you will not use the 2020 DIRECTINVEST website or any related websites for any purpose that is unlawful or prohibited by these terms & conditions or any other terms, conditions or notices appearing anywhere on the 2020 DIRECTINVEST website or any related websites. You agree to abide by all applicable laws and regulations.

In particular, you agree not to:

• Use the 2020 DIRECTINVEST website or any related websites to defame, abuse, harass, stalk, threaten or otherwise offend others;

• Publish, distribute, e-mail, transmit or disseminate any material which is unlawful, obscene, defamatory, indecent, offensive or inappropriate;

• Use any automated scripting tools or software;

• Engage in or promote any surveys, contests, pyramid schemes, chain letters, unsolicited e-mailing or spamming via the 2020 DIRECTINVEST website or any related webste ;

• Impersonate any person or entity;

• Upload, post, e-mail, transmit or otherwise make available using the 2020 DIRECTINVEST website or any related websites any material that you do not have a right to make available under any law or contractual obligation or which contains viruses, or other computer codes, files or programs designed to interrupt, limit or destroy the functionality of other computer software or hardware;

• Breach any applicable laws or regulations.

2020 DIRECTINVEST has no obligation to monitor any visitor's use of the 2020 DIRECTINVEST website or any related websites, however 2020 DIRECTINVEST retains the right at all times to monitor, retain and disclose any information as necessary to satisfy any applicable law, regulation, legal process or governmental request.

You will indemnify 2020 DIRECTINVEST if 2020 DIRECTINVEST or its related bodies corporate suffer any loss or damage or incur any costs in connection with any breach of these conditions or any other legal obligation by you or your use of or conduct on the 2020 DIRECTINVEST website or any related websites.

Your Responsibility

You cannot and may not rely on any information provided on the 2020 DIRECTINVEST website or any related websites in deciding whether to acquire or dispose of a financial product, but must make your own investigations and if you consider appropriate, obtain advice.

You acknowledge that information provided by 2020 DIRECTINVEST, whether verbally or in marketing and supporting material is simply published by it and not prepared by it. It is provided for guidance only and may not be relied upon as advice.

You will not reveal your user name or password to any other person.

You will not reproduce, republish, broadcast or otherwise distribute information from the website without the prior written permission of 2020 DIRECTINVEST.

Jurisdiction

This agreement is governed by the laws of NSW, Australia. You submit to the jurisdiction of the Courts of New South Wales.

The clauses relating to the limits of liability, governing law and legal jurisdiction shall survive the ending of this agreement.

You are an Australian resident, or if not an Australian resident, you will not treat the information provided as an offer or invitation to subscribe for or buy a financial product.

You will comply with the laws applicable in your place of residence and in Australia.

Other Information

A copy of the product disclosure statement (PDS) for each fund included in the site has been lodged with the Australian Securities and Investments Commission if required by law.

An application for securities or superannuation interests to which any product disclosure statement key features statement relates can only be made on completion of an application form attached to the PDS or key features statement or in the case of securities accompanied by an electronic version of the PDS.  A copy of any PDS or key features statement can be obtained from us by sending a request. A request is sent by following the instructions for ‘download’ or ‘mail order’ a PDS. The issue date of all PDS is included in the Fund Profile for each fund.