Zenith Representatives Pty Ltd
ABN:64 606 833 434
AFSL #479263
1300 725 889
support@realwealthsuper.com.au
S36 L4, 194 Varsity Parade
Varsity Lakes QLD 4227

Zenith Representatatives Pty Ltd Trades as Real Wealth Queensland.

Statement of Advice

My aim is to ensure that you are provided with quality advice tailored to your specific requirements. This SoA contains information about the advice and clearly articulates the recommended financial planning strategies and product recommendations including relevant information and disclosures.

Prepared for:

Date Prepared:

Prepared by:

Authorised Representative Number:

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Authorised Representative of ZenithRepresentatives AFSL#479263

Important information about you

After our discussions and based on what you have told me, using your words and language your reasons for seeking advice are:

After talking to you further, we also discussed the importance of:

Your Personal Information

Occupation:

Date of Birth:

Marital Status:

Financial Dependents:

Your Current Superfund(s):

*Please note that the current superannuation information is based on either the information provided by the ATO directly and/or based on your information and therefore may not be complete. As your superannuation balance fluctuates daily, amounts shown can only be considered as a guide.

Scope of advice

This advice is provided in the following areas only: Superannuation Rollovers, consolidation and the investing of the superannuation monies only.

We have also briefly touched on insurance, however this will be recommended under a separate statement of advice. No advice has been provided at this time.

Although advice around insurance has not been given at this time, we are recommending your maintain any insurances currently in place and therefore recommend a partial rollover.

You therefore must make sure you continue to comply with any of your old super fund’s rules for the payment of insurance including time limits, minimum balances and minimum contributions. It is your obligation to monitor the old super fund’s rules to ensure the insurances remain in place. We are not required to monitor the old super fund’s rules to ensure the insurances remain in place and are not liable if for any reason you are not able to claim a benefit under the old super fund’s insurance arrangements

It is important that our advice is based on complete and accurate information relating to your personal circumstances. If you have provided incomplete or inaccurate information relating to your relevant personal circumstances, our advice may not be appropriate and you should consider the appropriateness of our advice, having regard to your objectives, financial situation and needs before acting on it.

If you feel that you would like advice in any other areas, please contact us and we will be happy to assist. Alternatively, we can provide a referral to one of our many partners who specialise in other areas

Your investor profile

Based on the answers to your risk profile questions, you are considered to be a investor.

Our advice to you

After considering your needs and objectives and examining your current superannuation arrangements I believe that transferring (referred to as ‘rolling over’) your current superannuation entitlements to an alternative superannuation fund would be appropriate. My examination highlighted deficiencies in the ability of your current superannuation funds to adequately meet your specific requirements.

I recommend that your superannuation benefits should be rolled over to HUB24 and invested as per the details below. Initially, I recommend leaving the minimum balance with your current superfunds to maintain any insurance it may hold. Once your new insurance is in place, we will transfer the remaining funds to your HUB24 account.

A partial rollover has been recommended to maintain your insurance as your current insurance has not been reviewed.

Product Replacement

Product/Underwriter	All current funds
To be replaced with:	HUB24
Exit Fees Brokerage Fees	HUB24 currently charges a brokerage fee of $20 per trade. You will incur this fee each time you buy or sell an ASX listed investment.
Reasons for Replacement	To achieve your retirement goals and objectives and based on the reasons above, we have recommended the rollovers.
Differences in Benefits - GAINS:	View underlying investments Access to underlying investments View underlying investments performance Investments tailored to your current circumstances. Ongoing advice and portfolio monitoring Portfolio re-balancing You will gain access to more investment options
Differences in Benefits - LOSSES	Death And TPD - Benefit of Guaranteed Future Insurability is lost. Salary Continuance - The ability to retain cover for Income Protection without evidence of health by transferring benefit to another division of provider will be lost.
Alternative Strategy	your current super fund was considered and compared to the New Fund and we determined that the New Fund is more appropriate for you. We also reviewed other alternatives to HUB24, however they were more expensive without extra features.

Investments

To invest in-line with your risk profile and to help you achieve your needs and objectives I recommend using a mix of Exchange Traded Funds to create a portfolio:

Outcomes and Advantages

HUB24offers one or more of the following relevant features and benefits which are not available in your current fund: Access to a range of investments such as ETFs and Managed funds, better transparency to see your balance, returns and the individual investments. HUB24 also allows us to tailor your investments specifically to your risk profile.

HUB24 allows you to see individual costs as they are taken from the account. Other providers build their costs into the balance of your account making it difficult to determine the effective total costs.

Exchange Traded Funds allow access to a wide range of both local and international exchanges. Exchange Traded Funds have lower fees than typical managed funds. Using Exchange Traded Funds will help you achieve your objective of increasing your current return.

Risks and Disadvantages

This recommendation may require trade-offs as all strategies contain both advantages and disadvantages. The important potential risks and disadvantages that may arise from this recommendation include:

Rolling over superannuation from one superannuation fund to another may incur management expenses and costs, including a taxation liability arising from the sale of the underlying investments represented in your superannuation account. You current superfund(s) may also charge you an exit fee of between $45 and $90.

When rolling over your existing superannuation you will generally lose entitlement to existing insurance coverage in that fund. Replacement insurance through your new superannuation fund may be more costly or even unobtainable, depending on the level of cover required, your age, and current state of health. Existing insurance arrangements should not be cancelled until such time as replacement insurance has been confirmed.

Where investments held in your current superannuation fund are sold prior to rolling over your benefit to another superannuation fund, a rising investment market may result in less investments being purchased within your replacement superannuation fund.

If you have made superannuation contributions to your current superannuation fund, and intend to claim a personal tax deduction for all or part of those contributions, it is imperative that you provide your current superannuation fund with a “notice of intention to claim a tax deduction” (as required under section 290-170 of the Income Tax Assessment Act 1997) and that the notice be acknowledged before you roll your current superannuation over to the proposed fund. Failure to lodge this notice will result in the loss of a tax deduction.

All forms of investing involve risk. These investments are the same. There is no guarantee of a return, nor that the Exchange Traded Funds will meet your return objective. Past performance is not a reliable indicator of future performance

A partial rollover has been recommended to maintain your insurance as your current insurance has not been reviewed. This means at this time your superannuation will not be completely consolidated into one fund.

Why my Advice is Appropriate

The above advice is to help you achieve your superannuation goals and outcomes.

Managed Funds also generally have higher fees than Exchange Traded Funds which erode your returns. Your superannuation is also a long term investment. As such, we have recommended Exchange Traded Funds which track or mirror the exchanges. Exchange Traded Funds are used to allow access to a range of exchanges both locally and internationally. This provides significant diversification advantages, high access to your funds (no waiting periods to withdraw) and have very low overall management fees. We believe that these investments will help you achieve your goal of increasing your superfund performance.

A key requirement was ease of access and transparency. HUB24 provides 24/7 access both online and via a phone app to your superfund. This gives you direct access to view not only your superfund balance, but also the investments and the individual returns for these investments.

HUB24 has a broad range of investments which allows your superfund to be highly tailored to your current circumstances. It also allows for changes and updates should your circumstances change or based on market conditions.

I embrace the concept of Best Interests Duty and give priority to your interests ahead of my own. My commitment is to act in the best interests of youmy clientand to act honestly, professionally, fairly and objectively in the provision of financial services. The processes I follow demonstrate the priority I give to your interests ahead of my own. This document also forms part of the process of meeting my obligations under the Best Interests Duty. So that I can provide you with appropriate advice it is important that the information your provide is correct and current.

What are our fees

Entity Charged	Super Balance	Initial %	Initial $	Annual %	Annual $
Superfund	$	4.40%	$	2.20%	$
Total	$	4.40%	$	2.20%	$

Advice fees are paid from your super fund.

You will have to pay other product fees for the underlying investments recommended. Make sure you read the PDS and ask us any questions you may have.

Remuneration allocation

100% of the fees charged are paid directly to Zenith Representatives Pty Ltd which then passess on 20% to