This Financial Services Guide (FSG) is an important document. It is designed to assist you in deciding whether to use any of the financial services and products offered by AtlasTrend Pty Ltd (ABN 83 605 565 491) (AtlasTrend, we or us). As the provider of financial services, we are required to provide you with this FSG.
This FSG provides you with important information about:
- the types of services and products we can offer you
- how we (and other relevant persons) are remunerated for these services and products
- our external complaints handling procedures and how you can use them
- how you can contact both us and our responsible entity, Fundhost Limited.
Other disclosure documentsAbout AtlasTrend
Before you can invest in one of our retail financial products we are required to provide you with a product disclosure statement (PDS). The PDS contains important information regarding the features, benefits, risks and fees applicable to an investment in that financial product, and should be read carefully to enable you to make an informed decision about whether to invest in the financial product. You should consult with your licensed financial adviser if required.
A Statement of Advice (SOA) will normally be given to you when you are provided with any personal advice, which takes into account your objectives, financial situation and needs. We do not provide personal advice. Therefore, we will not provide you with an SOA. An intermediary (such as a financial planner, stockbroker or dealer group) may provide you with an SOA.
AtlasTrend has been created with a mission to provide simple worldwide investing for everyone. The founders of AtlasTrend believe that the opportunity to invest worldwide should be accessible to as many people as possible. We bring you an engaging and transparent way to invest in trends worldwide such as the surge in online shopping.
Using AtlasTrend’s proprietary investment technology system, AtlasTrend’s investment team can rapidly assess an investment universe of approximately 5,000 large listed international companies with a relatively small team. As a result, we employ less people in the investment management team and can charge lower fees while still maintaining a highly robust investment management system.
To take advantage of AtlasTrend’s services, you must hold an AtlasTrend membership. Membership provides you with our insights on the leading world trends for investment and research on the underlying companies we have selected which benefit from these trends. Our standard terms of conditions for membership can be found here.
Members can invest in our funds through our online platform, and receive transparent information on where your money is invested on a daily basis.
AtlasTrend operates an outsourced service provider model, which allows our key personnel to concentrate on portfolio management (that is choosing the right stocks for our funds) and providing quality research information to unit holders of the funds.
AtlasTrend is a corporate authorised representative of Fundhost Limited (ABN 69 092 517 087, AFSL No. 233045) (Fundhost). Our corporate authorised representative number is 001233660. Any financial services offered are provided by our representatives on behalf of Fundhost. Apart from Fundhost, we do not act as a representative of any other licensee.
Fundhost’s contact details are at the end of this FSG. Fundhost has authorised the distribution of this FSG.
4.3 Membership fees are payable by credit or debit card. By agreeing to be a member of AtlasTrend, you authorise us to debit your nominated credit or debit card monthly or yearly (as applicable). We will continue to do this until you contact us and tell us in writing that you no longer wish to be a member. About our funds
Fundhost acts as the responsible entity of each our funds, being the:
- Big Data Big Fund (ARSN 607 700 167)
- Online Shopping Spree Fund (ARSN 607 699 098)
- Healthy Lifestyle Fund (ARSN 607 699 687)
- Splurging Baby Boomers Fund (ARSN 607 698 411)
Fundhost provides services including compliance, administration, and reporting services relating to the AtlasTrend funds. Our financial services and financial products
We are authorised to provide the following financial services with respect to the following financial products:
Giving general advice about:
- Interests in managed investment schemes limited to own managed investment schemes only for which Fundhost acts as the RE or Trustee
with respect to retail and wholesale clients; and
Dealing in a financial product by applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products:
- Deposit and payment products limited to basic deposit products
- interests in managed investment schemes excluding investor directed portfolio services
- Foreign exchange contracts
with respect to wholesale clients. Remuneration or other benefits received by us
If you subscribe for our online investment management services, we will receive remuneration in relation to your membership. Details of the remuneration we receive depend on the level of membership you choose and are set out in our membership agreement with you. Fees range from $108 to $1,188 per annum.
We may also be paid fees in relation to an investment in any of our funds. Fees are linked to the performance of your investment in a fund, but are only payable on withdrawal of your monies from a fund. The withdrawal fee is currently 15% of any pre-tax net gain on your investment in a fund. So if you invested $10,000 in a fund at the beginning of the year and at the time you wish to withdraw your investment it is worth $15,000, then you would pay $750 (being 15% of the pre-tax $5,000 net gain).
Transaction fees may also apply to an investment in the funds. We may also be entitled to recover expenses incurred on behalf of the funds. The remuneration and expense recoveries we will receive will be set out in the PDS for the funds.
We generally pay for Fundhost's services including responsible entity, compliance, administration, custodian oversight and reporting services out of our own monies. Fundhost may also be entitled to recover expenses incurred on behalf of the funds. The remuneration and expense recoveries Fundhost will receive will be set out in the PDS for the funds.
Apart from our membership fees, we do not receive any fees, nor do we charge you additional fees, for providing financial product advice.
Financial advisers and intermediaries may also receive fees by you and typically, this will be disclosed in their FSG and SOA that they must give you. No commission will be paid by us to financial advisors.
Our employees who give you general advice do not receive specific payments or commissions for the giving of that advice. These employees and our directors receive salaries, bonuses and other benefits from us. Bonus payments and other benefits are discretionary, and based on achievement of predetermined objectives.
Various members of Fundhost and AtlasTrend and their directors and employees provide certain financial, information technology, human resource and other services to us to enable us to provide the services described in this FSG. They will not be separately remunerated by you. The costs of providing these services will be paid by us from the fees we receive.
Neither Fundhost nor AtlasTrend receive any remuneration for referring another person to Fundhost, us or the funds. Compensation arrangements
Fundhost and AtlasTrend have professional indemnity insurance cover in place in respect of financial services provided to our clients. This insurance covers claims in relation to the conduct of our past and present representatives. These arrangements comply with the requirements of section 912B of the Corporations Act 2001 (Cth). Disclosure of relevant conflicts of interest
Neither we nor Fundhost have any relationships or associations which might influence us or them in providing you with any of our financial products and services. Privacy
Your right to privacy is important to Fundhost and us. A statement explaining your privacy rights and our rights and obligations in relation to your personal information is contained in the PDS for each of our financial products. Complaints handling
Fundhost has established procedures for dealing with complaints. In the first instance, you can make a complaint by calling +61 2 8223 5400 or by writing to Fundhost Limited, PO Box N561, Grosvenor Place, NSW 1219, Australia. Fundhost will acknowledge your complaint within 45 days of receipt. Complaints will be investigated with the aim to provide a response (if not a resolution to the complaint).
If you are ultimately dissatisfied with the outcome of your complaint you may refer the matter, free of charge, to the Financial Ombudsman Service (FOS), which is an external dispute resolution scheme. The contact details for FOS are:
Phone: 1300 780 808
Mail: Financial Ombudsman Service, GPO Box 3, Melbourne VIC 3001 Record keeping
Fundhost will seek to ensure that comprehensive and accurate records of all transactions and investments undertaken, and documentation executed, are properly maintained. Contacting us
PO Box N561
Grosvenor Place, NSW, 1220
Phone: +61 2 8223 5400
AtlasTrend Pty Ltd
Level 25, 88 Phillip Street
Sydney NSW 2000
Phone: 1800 589 778