Buying and selling investments and receiving income are likely to have taxation consequences. Because you are the beneficial owner of the assets held within the Fund, all income, dividends, capital gains and capital losses, and their taxation consequences, pass directly to you. The Fund itself is not taxed. 

You will receive an annual statement, known as an Attribution Managed Trust Member Annual (AMMA) statement. This statement will help you, or your accountant if you use one, to complete your tax return. It details the amount of income and taxation attributable to you and the source. 

Please refer to section 7 of the relevant PDS and section 6 of the Additional Information Document (AID) for more information on how managed investment schemes are taxed.

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