Investment Ratings

Financial Services Guide



Financial Services Guide

AUSTRALIA RATINGS ANALYTICS PTY LTD
ABN 95 616 254 294

What is the purpose of this Financial Services Guide?

This Financial Services Guide (FSG) provides you with information about Australia Ratings Analytics Pty Ltd (Australia Ratings Analytics) to help you decide whether to use the services it offers.

It explains:

  • the services offered by Australia Ratings Analytics;
  • how instructions may be provided to Australia Ratings Analytics;
  • how Australia Ratings Analytics is remunerated; and
  • the details of Australia Ratings' Analytics internal and external complaints handling procedures and how you can access them.

Australia Ratings Analytics acts for itself and has authorised the distribution of this FSG to you.

Who is Australia Ratings Analytics?

Australia Ratings Analytics Pty Ltd (ABN 95 616 254 294) is a newly established specialised research house. It provides investment ratings on managed funds and other investments services to fund managers and investment product sponsors It also provides services to individual investors, self managed superannuation funds, financial planners and others who require its services to evaluate investment risks for various financial products (Services).

Australia Ratings Analytics value proposition is to provide independent, understandable, timely and accessible service to assist investors gauge investment risk and complexity of products sold in the Australian investment market.

Australia Ratings’ Australian Financial Services (AFS) licence number is 494552. Australia Ratings Analytics acts for itself when providing the services under the AFS licence.

What services can Australia Ratings Analytics provide?

Under its AFS licence, Australia Ratings may only carry on a financial services business to provide general advice by issuing investment ratings and research reports to retail and wholesale clients.

It is intends to provide investment rating services in respect of the following products and entities:

  • Australian equity funds;
  • International equity funds;
  • Credit and fixed income funds;
  • Property and real estate investment trusts;
  • Exchange traded funds (ETFs);
  • Listed investment companies (LICs);
  • alternative investments including hedge funds; and
  • Structured notes.

Investment ratings and product complexity assessments will be assigned according to published objective methodology.

What are Investment Ratings and Product Complexity Indicators?

An investment rating reflects Australia Ratings’ current opinion of a fund’s or investment’s ability to achieve its stated investment objectives in the medium term. The rating expresses a view on the expected consistency of the fund’s or investment’s performance within the peer/style groups and the ability of the manger to produce superior performance amongst its peers in the medium term. The rating of the fund or investment is intended to give an investor a general guide as to the appropriateness of an investment.

The objective of an investment rating from Australia Ratings is to identify funds and investment opportunities that are among “best in class” on a forward-looking basis.

The product complexity indicator is a colour coded indicator that is designed to differentiate debt securities which may have similar credit attributes but may help explaining complexity in the terms and conditions of the security that could arise due to unanticipated variability or change in the returns from the investment.

Details and explanation of the investment rating scale and the product complexity indicators can be found on our website.

A dedicated website, www.australiaratings.com, provides:

  • an explanation of investment rating symbology;
  • disclosure of investment rating methodologies;
  • the listing of current investments ratings;
  • timely distribution of research reports; and
  • disclosure of up to date information relevant to the product.

Australia Ratings bases its research on information provided by the fund manager or product sponsor or obtained from sources considered reliable. Australia Ratings does not perform an audit or conduct any form of due diligence in connection with any investment rating and may rely upon unaudited information.

Investors should make their own inquiries. Information obtain subsequent to the investment rating being assigned may cause the rating to be changed or withdrawn at any time. Investors should refer to our website for the most recent rating and rating report.

Will you provide me with advice which is suitable to my needs and financial circumstances?

The provision of the investment rating services will entail the provision of general advice only. That is, the issuing of an investment rating will not take into account a client’s personal circumstances, financial situation or needs.

Before deciding whether to invest in a fund or a financial product rated by Australia Ratings Analytics, you must assess whether the information or general advice is appropriate to your particular needs, objectives and financial circumstances. If you would like assistance with this, you should consult an appropriately authorised financial advisor or broker before making any investment decision.

How do I give information to Australia Ratings Analytics?

You can give us information by telephone, post or email, using the details provided in this Guide. In some cases, however, you will need to provide us with your personal information to enable us to identify you and to provide our Services to you.

How will I pay for the Services?

Australia Ratings will post current investment ratings and rating reports to its website. There is no charge to access the site or this information.

How does Australia Ratings Analytics get paid?

Australia Ratings' revenue will be generated from engagement by fund managers and product sponsors to have managed investment schemes rated. A rating fee plus incidentals will be charged for a rating and a surveillance fee will be charged on each anniversary of the initial rating engagement. The fees generated may ultimately benefit the employees, directors or other associates of Australia Ratings Analytics. The remuneration of Australia Ratings personnel is not related to the performance of any rated funds or investment products.

What fee does the person who referred me receive?

We do not pay any fee or commission to any person who refers you to use our Services.

Disclosure of Interest

Australia Ratings Analytics does not have any relationships or associations which might reasonably be expected to be capable of influencing the way we provide our Services to you.

Compensation Arrangements

Australia Ratings Analytics is covered by a professional indemnity insurance in place that complies with section 912B of the Corporations Act and ASIC Regulatory Guide 126.

Who can I complain to if I have a complaint about the Services provided to me?

If you have a complaint about the Services provided to you, you should take the following steps:

  1. Contact us and tell us about your complaint.
  2. Alternatively, you can put your complaint in writing and forward it to:

  3. The Complaints Manager
    Australia Ratings Analytics Pty Ltd
    Level 2, 420 Collins Street
    Melbourne Victoria 3000

  4. We will endeavour to investigate and resolve your complaint and communicate our decision to you within 45 days. If you still do not get a satisfactory outcome, or if we fail to resolve your complaint within 45 day, you may be able to lodge a complaint with the Financial Ombudsman Service (FOS). You can write to FOS at GPO Box 3, Melbourne VIC 3001 or call them on 1300 780 808 or visit www.fos.org.au.

Privacy Policy

When using Australia Ratings’ website or any of our Services, you will be providing us with your personal information. During the course of your relationship with us, we will also gather information about products and services provided to you.

Your personal information will be treated strictly in accordance with National Privacy Principles in the Australian Privacy Act. At any time, upon request, you may gain access to the information Australia Ratings holds about you in accordance with the National Privacy Principles.

We have requested the information to manage and administer the Services provided to you and to keep you updated whilst you are a user of our Services and possibly other activities of Australia Ratings Analytics.

We may also be required to provide your personal information to the Australian Securities & Investments Commission, AUSTRAC, ATO and other regulatory and government bodies from time to time.

We may also disclose your personal information to:

  • our agents, employees and representatives;
  • financial institutions and other similar organisations in connection with its corporate activities or that are nominated by you;
  • external service providers and professional advisers that provide services to us;
  • any organisation which you request us to or any persons acting on your behalf, including your financial adviser, broker, solicitor or accountant.

Australia Ratings Analytics takes all reasonable steps to protect your personal information from misuse, loss, unauthorised access, modification or disclosure.


Share:

 

© Copyright 2017 Australia Ratings. All Rights Reserved
Site developed by manageWeb
This website is published by Australia Ratings Pty Ltd (ABN 90 141 393 375), holder of AFS licence 346138 and Australia Ratings Analytics Pty Ltd (ABN 95 616 254 294), holder of AFS licence 494552. The information contained in this website is of a general nature only, and does not take into account your objectives, financial situation and needs. You should consult your own professional advisers before making an investment decision.

Melbourne, 25 September 2017

Australia Ratings is pleased to inform that we’ve made some changes to our website. The new menu layout coincides with the release of Investment Ratings – our new fund ratings and research service - and is designed to help you gain quick and easy access to related content.

Some important changes include

  • ASX Research, Listed Debt Indices & Fund Credit Rating Reports now located under Credit Ratings
  • Operational Capability Assessments, Private Analytical Services & Training located under Analytical Services
  • Login process remains the same and should not be affected.

For further details, please click here

Investment rating reports are only available to our premium subscribers.
To upgrade your subscription, please contact the Australia Ratings investment team on (03) 8080 6684 during business hours, or email us at info@australiaratings.com