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Adviser Part B: Brokerage

Our primary source of income is from the brokerage paid on transactions made through your Australian Financial Service Licensee (Adviser) and other Companies when using our services. These can generally range from 0.11% (brokerage on Equities and Warrants) to 0.55% (brokerage on Exchange Traded Options). Remaining charges over and above our minimum brokerage will be paid to your Adviser and attributed to any additional advice fees and/or service fees charged to you by your Adviser (where applicable). Refer to your Adviser for further details.
Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades.

Our primary source of income is from the brokerage paid on transactions made through your Australian Financial Service Licensee (AFSL) (Adviser) and other Companies when using our services. These brokerage charges, inclusive of GST, will range from a minimum of $27.50 or 0.121% (which ever is greater) for Equities and Warrants, and from a minimum of $33 or 0.275% (whichever is greater) for brokerage on Exchange Traded Options. We may amend these brokerage charges from time to time if we have a legitimate business purpose to do so. If we change these charges, we will notify you accordingly. Remaining charges over and above our minimum brokerage after deducting any clearing and registration costs will be paid to your Adviser and attributed to any additional advice fees and/or service fees charged to you by your Adviser (where applicable). Refer to your Adviser for further details.
Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades.

Other product offerings resulting in an ongoing fee

In some cases we may refer you to a product provider whose product may complement ours. In these instances we may receive a fee or other fee for service ranging from 0.25% to 3%, depending on the nature and amount of business being referred. Further information about each product is shown in the appropriate PDS.
If we have referred you to a third party who has a vested interest in maintaining an ongoing relationship with you, a fee may be paid. If a third party refers you to us, we may earn a fee.
If you are referred to us by another approved party, we may share with them our fees, or pay them a fee for each trade you place that uses our services. These may vary depending on the nature of the agreement, the products being offered, and the extent of business you have with us that is being referred.
Typically, a fee may be in the form of rebates on the trades you make, or a percentage of your portfolio or account balance.
Your transaction instruction details may be provided by your Australian Financial Services licensee adviser over the telephone or through electronic means. If we receive your instructions by telephone, your transaction will be governed by our standard telephone Terms and Conditions. If your instruction is provided through electronic means, you should review the Terms and Conditions for such. Your Australian Financial Service Licensee adviser can provide you with the appropriate Terms and Conditions, or contact us if you would like to review a copy.

In some cases we may refer you to a product provider whose product may complement ours. In these instances, we may receive a fee ranging from 0.25% to 3%, depending on the nature and amount of business being referred. Further information about each product is shown in the appropriate Product Disclosure Statement (PDS).
If we have referred you to a third party, we may earn a fee from the third party. If this is the case, we will disclose this arrangement to you.
If you are referred to us by another approved party, we may share with them our fees, or pay them a fee for each trade you place that uses our services. These fees may vary depending on the nature of the agreement we have with the third party, the products being offered, and the extent of business you have with us that is being referred.
Typically, a fee may be in the form of rebates on the trades you make, or a percentage of your portfolio or account balance.
Your transaction instruction details may be provided by your Australian Financial Services licensee adviser over the telephone or electronic means. If we receive your instructions by telephone or electronic means, your transaction will be governed by our standard Share Trading Terms and Conditions. Your Australian Financial Service Licensee adviser can provide you with the Share Trading Terms and Conditions, or contact us if you would like to be provided with a copy.