CP 208 ASX Managed Funds Service: Relief from the application form requirement

Released 30 May 2013. Comments closed 11 July 2013.

This consultation paper is for investors, responsible entities, ASX market participants, ASX settlement participants, dealers, platform operators and potential providers of similar facilities to the proposed ASX Managed Funds Service (AMFS).

The AMFS is a facility through which offers to acquire and dispose of financial products can made to the issuers of financial products (products).

This paper seeks feedback on our proposal to grant relief to ASX Limited from the requirement in s1016A of the Corporations Act 2001 (Corporations Act) that a retail investor must apply for financial products using an application form that was included in or accompanied the Product Disclosure Statement (PDS). This relief would apply to responsible entities of registered schemes for applications made through the AMFS.

Download CP 208 (PDF 293 KB) | Read the media release

- Attachment 1 to CP 208: Rice Warner Actuaries report - Managed Funds Transaction Cost Research (PDF 399 KB)

- Attachment 2 to CP 208: Rice Warner Actuaries supplementary report -Managed Funds Transaction Cost Research (PDF 403 KB)

Read the report on submissions


Association of Independently Owned Financial Professionals (PDF 153 KB)


BNY Mellon Investment Management Australia Limited (PDF 634 KB)


BT Financial Group (PDF 249 KB)


Eight Investment Partners Pty Limited (PDF 163 KB)


Financial Services Council (PDF 259 KB)


Investment Science Asset Management Pty Ltd (PDF 150 KB)


Legg Mason Asset Management Australia Limited (PDF 115 KB)


Praemium Australia Limited (PDF 111 KB)


Select Asset Management Limited (PDF 290 KB)


SMSF Professionals’ Association of Australia Limited (PDF 196 KB)


Stockbrokers Association of Australia (PDF 190 KB)


Last updated: 30/05/2013 12:00