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APN Funds Management Limited ACN 080 674 479 ADSL No. 237500 ISSUE DATE: 30 JUNE 2014 ARSON 090 467 208 P R O D U C T D I S C L O S U R E S TAT E M E N T Contents 1. About APN Funds Management Ltd
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How to fill out product disclosure statement
How to fill out a product disclosure statement:
01
Start by gathering all relevant information about the product or service being disclosed. This may include details about the company, its financial performance, associated risks, and any terms and conditions that apply.
02
Carefully review and understand the requirements and guidelines set by regulatory bodies or industry standards for creating the product disclosure statement. This will ensure compliance and accuracy throughout the process.
03
Use clear and concise language to communicate the necessary information to the target audience. Avoid technical jargon and explain any complex terms or concepts in a way that is easily understood.
04
Structure the disclosure statement in a logical manner, using headings and subheadings to separate different sections. This helps readers navigate through the document and locate information easily.
05
Include all relevant details about the product or service, such as its features, benefits, fees, charges, and any associated risks. Be transparent and provide accurate information to enable informed decision-making by potential customers.
06
Ensure that the disclosure statement is compliant with any legal or regulatory requirements governing such documents. This may include specific formatting, font sizes, and other specifications that must be adhered to.
07
Proofread and edit the document thoroughly to eliminate any spelling or grammatical errors and to improve its overall readability. Consider seeking input or feedback from colleagues or industry experts to ensure accuracy and effectiveness.
08
Once the product disclosure statement is complete, make it easily accessible to the intended audience. This may involve publishing it on a website, including it in marketing materials, or distributing it to potential customers directly.
09
Regularly review and update the disclosure statement as needed to reflect any changes in the product, service, or regulatory requirements. It is essential to keep the information accurate and up-to-date at all times.
Who needs a product disclosure statement:
01
Companies or organizations that offer financial products or services typically require a product disclosure statement. This may include banks, insurance companies, investment firms, and others.
02
Any individuals or entities considering purchasing or investing in a financial product or service should be provided with a product disclosure statement. This helps them make informed decisions and understand the associated risks.
03
Regulatory bodies or government authorities often mandate the use of product disclosure statements to ensure transparency and consumer protection within the financial industry. Compliance with these regulations is necessary for companies operating in these sectors.
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What is product disclosure statement?
The product disclosure statement is a document that provides details about a financial product to help consumers make informed decisions.
Who is required to file product disclosure statement?
Financial institutions and companies offering financial products are required to file product disclosure statements.
How to fill out product disclosure statement?
To fill out a product disclosure statement, provide accurate and comprehensive information about the financial product being offered.
What is the purpose of product disclosure statement?
The purpose of a product disclosure statement is to ensure transparency and help consumers understand the risks and benefits of a financial product.
What information must be reported on product disclosure statement?
Information such as fees, risks, and benefits associated with the financial product must be reported on the product disclosure statement.
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