- Legal disclaimer
The information on the Man Investments Australia Limited ("MIAL") website:
- should not be distributed to any third party in whole or in part without the prior written consent of MIAL; and
- has been obtained from sources believed to be accurate and MIAL does not give any representation or warranty as its reliability, accuracy or completeness.
- General advice
The web site contains general information and does not purport to take into account any investor's particular financial circumstances. Man Investments Australia recommends that all potential investors seek independent financial, taxation and legal advice. To the maximum extent permitted by law, Man Investments Australia disclaims liability for any errors or omissions whether caused by the negligence of Man Investments Australia or otherwise. Man Investments Australia does not accept any legal responsibility for material published on third party linked sites. Past performance is not a reliable indicator of future performance.
- Description of website
Access to and use of the maninvestments.com.au website (the "Site") and the materials found on it (the "Content"), including the investment products referred to on it (the "Investment Products") are subject to the following terms and conditions (these "Terms"). By clicking the confirmation at the bottom of these Terms, you signify that you have read, understood and accepted these Terms. MIAL may update, revise, delete or modify information on this Site without notice. Information should only be considered current as of the time of initial publication on this Site or as otherwise stated on this Site without regard to the date on which you may access the information.
- Restricted access
This Site, the Content and the Investment Products are not directed at or intended for distribution to any person (or entity) who is a citizen or resident of (or located or established in) any jurisdiction where the use of the Site (or the purchase or sale of the Investment Products) would be contrary to applicable law or regulation or would subject Man to any additional registration or licensing requirement in such jurisdiction.
- No offer
The Content is provided for information purposes only and does not constitute a solicitation or offer, or advice or recommendation, to buy or sell interests in any Investment Products, to effect any transactions, or to conclude any transaction of any kind whatsoever. Potential investors should read the terms and conditions in the relevant offering materials carefully before any investment decision is made.
- Monitoring by MIAL
Your use of the services on this Site may be monitored by MIAL, and the resultant information may be used by MIAL or its affiliates for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organisation.
- No warranties and exclusion of liability
Whilst MIAL shall use reasonable efforts to obtain information from sources which we believe to be reliable, MIAL gives no warranty as to the accuracy, completeness or reliability of any information, opinions or forecasts contained on the Site, nor does it undertake to ensure that this Site will be available or accessible at all times. MIAL shall have no liability (whether in contract, tort or otherwise) for any direct, indirect, consequential or special losses or damages of any kind whatsoever arising from or in connection with the access to, use of or linking to other websites ("Linked Websites") from this Site or any reliance on any of the Content. MIAL is not responsible for the content of any Linked Websites and accordingly accepts no liability with respect thereto or for any reliance placed upon such Linked Websites. MIAL is not liable for persons or matters beyond its reasonable control (such as telephone and other communications networks, the internet or your internet service provider). These exclusions of liability do not apply to the extent that such exclusions are invalid or ineffective under any law or regulation applicable to MIAL.
- Investment Performance
Potential investors should note that investments can involve significant risks and the value of an investment may go down as well as up. The Investment Products on this Site typically use alternative investment strategies and may invest in derivatives of any kind. The prices of futures, options and other instruments in which the products may invest may fall in value as rapidly as they may rise and it may not be possible to liquidate the positions in the relevant markets before a loss is sustained. Price fluctuations may be substantial because of leverage. No assurance can be given that the investment objective of any Investment Product will be achieved or that substantial losses will not be suffered. There is no guarantee of trading performance and past or projected performance is not necessarily a guide to future results. Movements in exchange rates between currencies may affect the value of an investment.
- No Reliance
Nothing contained on this Site constitutes investment, legal, tax or other advice or a recommendation to purchase or sell any investment. You should not rely on any of the Content in making an investment or other decision but should obtain relevant and specific professional advice and read the terms and conditions contained in the relevant offering prospectus carefully before any investment decision is made.
- Material Interests
Any one of MIAL or its affiliates or their directors, officers, employees, agents or representatives may have or have had an interest or holding, relationship or other arrangement with the Investment Products which may be material. Potential investors should refer to the applicable offering documents for any Investment Product and in particular, the potential conflicts of interest discussed therein.
- Financial Services Guide
Common Reporting Standard (CRS)
What is CRS?
The Common Reporting Standard (CRS) is a regulation initiated by the Organisation for Economic Cooperation and Development (OECD), which is aimed at preventing tax evasion and leading to a global automatic exchange of information between countries that have agreed to implement the CRS.
Increased globalisation is making it easier for taxpayers to make, hold and manage investments through financial institutions outside their country of residence. The possibility exists that significant amounts of money are kept offshore and are untaxed in their home jurisdiction. Offshore tax evasion is a serious problem for countries all over the world and these countries have a shared interest in maintaining the integrity of their tax systems. Cooperation between tax administrations is critical in the fight against tax evasion and in protecting the integrity of tax systems. A key aspect of that cooperation is exchange of information.
Under the CRS over 100 countries (CRS-participating jurisdictions) have now agreed to exchange information with each other, with approximately half of these countries being early adopters with first reporting due in 2017. The full list can be found at: www.oecd.org/ctp/exchange-of-tax-information/Status_of_convention.pdf
Who is within the scope of CRS?
The CRS regulation applies to any Financial Institution located in a CRS-participating jurisdiction and obliges those Financial Institutions to identify residents of other CRS-participating jurisdictions. CRS applies to both individuals and entities.
For the purpose of identifying CRS-participating jurisdiction residents, Financial Institutions are required to obtain self-certifications from their investors. Among others, self-certifications information must include the country or countries of tax residence and the tax identification number(s) (TIN).
What is required by CRS?
In order to comply with CRS regulations, Man funds must establish the tax residence of investors and may from time to time request further information and/or documentation to confirm the tax residence of investors.
What is required by CRS for investors?
For New Investors: Man is required to obtain investors tax residence(s) for tax purposes, and their TIN. Without this information, Man is not authorized to create a new investor account.
For Pre-existing Investors: Man will contact all customers subject to CRS review to obtain a self-certification form in which they determine their residence for tax purposes and provide their tax identification number.