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 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 Fundhost Limited (ABN 69 092 517 087, AFSL No. 233045) (Fundhost), which is our authorising licensee and the responsible entity and issuer of our managed funds.
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.
From time to time, AtlasTrend may run promotions, offers or incentives which:
- could include benefits such as discounting or waiving membership fees or providing additional goods or services free of charge;
- may be offered subject to eligibility criteria we determine in our discretion; and
- we will be solely responsible for administering and funding. Fundhost has no responsibility and no associated costs will be borne by any of our funds.
Members can invest in our funds through our online platform, and receive transparent information on where their 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. 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. About our funds
Fundhost acts as the responsible entity of each our funds. Our funds that are currently available for investment are:
- Big Data Big Fund (ARSN 607 700 167)
- Online Shopping Spree Fund (ARSN 607 699 098)
- Clean Disruption Fund (ARSN 626 109 635.)
- 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 responsible entity 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 we may receive
If you subscribe for our online services, we will receive remuneration in relation to your membership. Details of the remuneration we receive are set out in our membership agreement with you. Membership fees are either $10 per month or $108 per annum. If you invest in any of our funds, the membership fee will be waived.
We will also be paid fees in relation to an investment in any of our funds. From 7 June 2018 these fees include a management fee of 0.99% per annum plus a performance fee equal to 15% of the outperformance of the fund against the MSCI World Net Total Return Index (ex Australia) in Australian dollars, subject to a high watermark.
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. Details of the remuneration and expense recoveries we will receive are 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 out of the funds’ assets. Details of the remuneration and expense recoveries Fundhost will receive are 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 from you (which may be deducted from your investment) and typically, this will be disclosed in their FSG and SOA that they must give you. Neither we nor Fundhost will pay any commission to financial advisers.
Our employees who give you general advice do not receive specific payments or commissions for giving 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. You will not be charged for their remuneration. We pay for the costs of providing these services 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.
Members of the AtlasTrend board of directors, management team and staff may hold investments in our funds (on the same terms as all other investors). 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 which cover the financial services that we provide. In the first instance, you can make a complaint by calling +61 2 8223 5400 or by writing to:
PO Box N561
Grosvenor Place NSW 1220
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
AtlasTrend Pty Ltd (authorised representative)
Level 3, 478 George Street
Sydney NSW 2000
Phone: 1800 589 778
Fundhost Limited (authorising licensee)
PO Box N561
Grosvenor Place, NSW, 1220
Phone: +61 2 8223 5400