Summary of Key Information
Chimaera Super Franked Index
|Type of Investment||
The Chimaera Super Franked Index strategy operates as an Individually Managed Account (IMA). This means an appointed manager will constantly assess and determine the investments to be made on your account in accordance with a particular exposure or strategy. The assets within the IMA are not pooled with those of other investors, enabling an individualised cost base to be calculated for tax purposes.
IMAs combine the benefits of securing professional money management with the flexibility, portability, controls and potential tax advantages of direct entitlements in respect of individual securities.
Generate high levels of franked income from an index weighted blue chip Australian equity exposure. The IMA is a medium term investment and is designed to be held for a minimum period of between three to seven years.
The IMA seeks to replicate the sector weightings of the S&P / ASX 200 Accumulation by investing in ASX listed ordinary securities selected based on forecast dividend potential and other investability criteria. The use of derivatives and hybrid securities is prohibited. For further information please refer to the PDS.
|Responsible Entity Custodian||
Chimaera Capital Limited
Chimaera Private Limited
Fees and Costs
0.75% p.a. For full details of all fees and charges, refer to the Part 2 of the PDS.
0.10% per transaction
Quarterly if required
Online Access to stock holdings, transactions, activity statements, tax statements, and forms
An annual tax statement will be sent.