Financial Services Guide
STRACHAN CORPORATION PTY LTD
Issue Date: 20th August 2005
ACN 079 812 945
Australian Financial Services Licence No: 259730
15 Florence Street
Cottesloe WA 6011
Phone: 08 9272 6555
Fax: 08 9272 5556
Purpose of a Financial Services Guide
This Financial Services Guide (FSG) is intended to inform you of certain basic matters relating to our relationship, our charges, how we are remunerated, how we can be contacted, the type of advice and services we are authorised to provide you, details of any conflicts of interest and what you can do if you have a complaint about our services.
We provide you this information prior to us providing you with a financial service, to enable you to make an informed choice as to whether you wish to use any of the services described in this FSG. References in this FSG to ‘Strachan Corporation, ‘we’, ‘us’ or ‘our’ are references to Strachan Corporation Pty Ltd.
What Financial Services are we Authorised to Provide?
Pursuant to our Australian Financial Services licence, we are authorised to carry on a financial services business to:
(a) provide financial product advice in securities.
deal in financial products by:
issuing, applying for, acquiring, varying or disposal of a financial product in respect of the following class of a financial product;
applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products
to retail and wholesale clients.
Provision of General Advice only
Although we are authorised by the Australian Investment and Securities Commission to provide financial product advice we limit our advice to General advice. General advice includes information contained in our report called the StockAnalysis and information about the outlook of the markets. The information provided in the StockAnalysis or on our website does not provide advice about products suitable for your particular needs, objectives or financial circumstances, even if we may have commented in view of the current or future market conditions or prospects for the securities.
This information does not constitute personal investment advice and it has been prepared without taking into account your objectives, financial situation or needs.
You should always consider the appropriateness of the advice, in light of your own objectives, financial situation or needs before acting on the advice. You should consider and discuss this information with your financial adviser before making your own investment choice.
What are the main risks associated with investing in listed equity securities?
Although we do not provide personal financial product advice you should be aware of the main risks associated with investing in listed equity securities. Some of these risks are outlined below:
1. Overall market risk - This is the risk of loss by reasons of movements in a market sector. These can be caused by any number of factors including political, economic, taxation or legislative. Specific examples include changes in interest rates, political changes, changes in superannuation laws, internal crises or natural disasters. Market risk can be minimised by having a spread of investments across different types of assets.
2. Global risk - This is the vulnerability of an investment to international events or market factors. This would include movements in exchange rates, changes in trade or tariff policies and changes in international or bond markets.
3. Sector risk – The risks associated with an industry’s specific products or services such as, demand for the product or service; commodity prices; the economic and industry cycles; changes in consumption patterns; lifestyle and technology changes, This may be minimised by detailed research to identify quality investments, reviewing their performance and their place in a portfolio.
4 Equity specific asset risk - Risks associated with the specific investment, for example, quality of the company’s directors; the strength of management and key personnel; profitability and asset base; debt level and fixed-cost structure; litigation; competition levels; liquidity of the investment..
5 Timing Risk - The possibility that you enter the market at a bad time, for example, just before a fall in the share market. This can be minimised by not investing all of your funds into the market at one time.
6. Speculative Risk - If an investment is described as speculative you should be aware that the investment could rise significantly but also fall by the same degree. You should not invest in speculative investments unless you understand and accept the risks fully and are prepared to accept any resultant loss.
How are we paid?
We are paid by the subscription fee we charge you. For further information about our subscription fee please go the following web page:
We do not receive any other form of remuneration from the production of the StockAnalysis such as referral commissions, brokerage fees, etc.
Do you have any relationships or associations with Financial Product issuers?
No. Strachan Corporate is an independently owned company and is not influenced or tied by any Financial Product issuer when providing general advice and/or recommendations.
We are committed to addressing the concerns of our clients. This has led to us to develop a privacy statement to inform clients on how we endeavor to keep their information secure and in what manner we use their personal information.
Strachan Corporate is bound by the National Privacy Principles that form part of the Privacy Act 1988. This determines the ways in which we must treat personal information and covers personal information that may be gathered through the internet, telephone, fax or post.
A copy of our privacy statement is available above. If you would like further information regarding this statement, please contact the Privacy Officer at the address shown above.
Should you require access to the personal information we hold about you, please contact the Privacy Officer at the address shown above.
Complaints or Suggestions
We value your business and are continually improving the service to our clients If you have any suggestions on how our services can be improved, if you have a concern or complaint, or if you would like to compliment us on our service you may take one of the following steps:
1. Write to the Compliance Manager at Strachan Corporate at 15 Florence Street , Cottesloe WA 6011 providing the details. If you have not received a satisfactory response or 45 days have elapsed you may refer the matter to Financial Industry Complaints Service (‘FICS’).
2. Strachan Corporate is a member of Financial Industry Complaints Service (FICS). They can be contacted on 1300 780 808 or P0 Box 579 Collins Street West, Melbourne VIC 8007. This service is provided to you free of charge. FICS is the dispute resolution scheme authonised to deal with complaints in relation to life insurance, superannuation, funds management, financial advice, investment advice and sales of financial or investment products.
3. You may choose to refer the matter to the Australian Securities & Investments Commission (‘ASIC’). ASIC may be contacted on their freecall Infoline on 1300 300 630.