Too busy with life's routines to manage your own portfolio, want to lower your golf handicap or start that overdue home project? Now we can manage your SPA3 Portfolio for you!


There are times in everyone's life when there just isn't enough time in the day. We appreciate that so we have designed a service that will keep you in the market and liberate you to enjoy some other life pursuits.

It is with great pleasure that we announce the teaming up of ShareFinder and Commodity Broking Services to offer our customers SPA3 MPS - ShareFinder's SPA3 Managed Portfolio Service.

SPA3 MPS is a full turnkey service with all the SPA3 trade entry and exit scanning, trade execution, portfolio management and portfolio reporting done for you.

Your portfolio will be managed in a truly SPA3 mechanical way on your behalf. You are able to login at any time to view all trades executed for any period and will be able to monitor your portfolio profit using CBS's Falcon Trader.

The Investment Strategy will be based strictly on ShareFinder's SPA3 medium-term mechanical trading methodology. No discretion will be used on when the enter and exit positions or how much capital to place in a trade.

The Investment Objective is to deliver returns that outperform the ALL-ORDS Index by at least 7% CAGR (Compounded Annual Growth Return) over a 3 to 5 year period (for example, if the ALL-ORDS achieves 10% CAGR over a 5 year period we would expect, based on past performance, to achieve at least 17% CAGR over the same period).

SPA3's performance over the last 6 years to 30 June 2007 has outstripped the best managed and boutique funds in Australia and the ALL-ORDS Index by a large margin. The SPA3 Public Portfolio has achieved a compounded annual return of 25.97% compared to the ALL-ORDS achieving 10.72% over the 6 years.

Whilst past performance is no guarantee of future performance you can be rest assured that the SPA3 mechanical processes will be followed in an absolutely mechanical manner with minimal human discretion, just as SPA3 is intended to be traded.

The Minimum Investment is $125,000. Larger sums can be invested in multiples of $125,000.

Redemption:

  1. A 1% Early Redemption Fee of the then current portfolio value will be charged if redemption occurs within 12 months of starting the portfolio.
  2. One month's notice is required for redemption.
  3. One month's notice is required to withdraw smaller portions of capital.
  4. Partial capital withdrawals should not reduce the portfolio value to less than $125,000.

Fees:

  1. Establishment Fee: A fixed establishment fee of $110 for existing SPA3 users and $550 for non-existing SPA3 users.
  2. Competitive brokerage rates of $25 or 0.15% (excl. GST) per transaction, whichever is the larger, will be charged against your portfolio.
  3. No ongoing management fee.
  4. Performance Fee: 20% of all returns above the ALL-ORDS Index, measured and charged on a quarterly basis.

ShareFinder will receive licence fees from CBS for the use of the SPA3 methodology to provide this service.

Besides the potential portfolio performance you'll find the fees extremely competitive compared to other Managed Portfolio Services, Managed Funds or Managed Discretionary Account services, but as we always say “there's more to it than just money”.

To get going:

  1. A Commodity Broking Services Client Services Agreement must be completed.
  2. A Commodity Broking Services Power of Attorney Form must be completed.

These will be forwarded to you by Commodity Broking Services.

In the future we intend offering a SPA3 Caretaker service for customers who require temporary management of their SPA3 portfolio but will not initially offer this service. It will be a pre-requisite that you use the CBS as your online broker. We will make an announcement at the appropriate time.

You can register your immediate intent to start with the SPA3 MPS by sending an email to Karen and we will arrange for the necessary paperwork to be sent to you from Commodity Broking Services.

ShareFinder and Commodity Broking Services look forward to being of service to you.

Issued by ShareFinder Investment Services. ABN 46 066 441 405. FSR Licence No. 250900. This information is published as general information and should not be construed as advice without consulting a registered financial planner or fully considering the risks involved and your own financial position. It does not take into account the investment objectives, financial situation and needs of any particular person. ShareFinder accepts no liability for any loss or damage that may be suffered by any person, directly or indirectly through relying upon any information or statement in this newsletter. The securities recommended carry no guarantee with respect to return of capital or the market value of those securities. There are general risks associated with any investment in securities. Investors should be aware that these risks might result in loss of income and capital invested.