Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations"actual return" has the meaning given by regulations 9AB.11 and 9AB.12.
"adjusted index" has the meaning given by subregulation 9AB.5A(7).
"administration fee cap" , of a Part 6A product in relation to a financial year, means the Part 6A product's fee cap (for the administration fee type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"administration fee flat amount" , of a Part 6A product in relation to a financial year, means the Part 6A product's dollar amount (for the administration fee type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"administration fee percentage" , of a Part 6A product in relation to a financial year, means the Part 6A product's percentage of member balance (for the administration fee type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"asset allocation standard" means:
(a) the Financial Sector (Collection of Data) (reporting standard) determination No. 42 of 2023 ; or
(b) an analogous legislative instrument (whether or not the legislative instrument is in force).
"assumed annual fee" has the meaning given by regulation 9AB.17.
"assumed index" has the meaning given by regulation 9AB.17.
"assumed rate of tax" has the meaning given by regulation 9AB.17.
"benchmark RAFE" , for a Part 6A product in relation to a financial year, has the meaning given by regulation 9AB.16.
"benchmark return" has the meaning given by regulations 9AB.13 and 9AB.14.
"covered asset class" has the meaning given by regulation 9AB.17.
(a) of a standard Part 6A product in relation to a quarter, means the Part 6A product's currency exposure in relation to the quarter, as reported to APRA in accordance with the applicable asset allocation standard; and
(b) of a lifecycle Part 6A product in relation to a lifestage and a quarter, means the Part 6A product's currency exposure in relation to the lifestage and the quarter, as reported to APRA in accordance with the applicable asset allocation standard.
(a) the Financial Sector (Collection of Data) (reporting standard) determination No. 47 of 2023 ; or
(b) an analogous legislative instrument (whether or not the legislative instrument is in force).
"gross investment return net of fees" :
(a) of a standard Part 6A product in relation to a quarter, means the Part 6A product's gross investment return net of fees in relation to the quarter, as reported to APRA in accordance with the applicable investment performance standard; and
(b) of a lifecycle Part 6A product in relation to a lifestage and a quarter, means the Part 6A product's gross investment return net of fees in relation to the lifestage and the quarter, as reported to APRA in accordance with the applicable investment performance standard.
"hybrid platform TDP" means a platform TDP that is offered through one or more investment menus of the generic type or the lifecycle option type (in addition to investment menus of the platform type), as reported to APRA in accordance with the applicable RSE structure standard.
"IEH percentage" , IEU percentage and IFI percentage have the meanings given by subregulation 9AB.5A(6).
"index" has the meaning given by regulation 9AB.5A.
"indirect cost ratio" , of a Part 6A product in relation to a financial year, means the Part 6A product's indirect cost ratio in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"initial quarter" of a Part 6A product means the first quarter in relation to which the trustee of the superannuation entity that offers the Part 6A product reported to APRA, in accordance with the applicable investment performance standard, a net investment return or gross investment return net of fees of the Part 6A product.
"investment fee cap" , of a Part 6A product in relation to a financial year, means the Part 6A product's fee cap (for the investment fee type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"investment fee flat amount" , of a Part 6A product in relation to a financial year, means the Part 6A product's dollar amount (for the investment fee type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"investment fee percentage" , of a Part 6A product in relation to a financial year, means the Part 6A product's percentage of member balance (for the investment fee type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
"investment pathway" : if there is a choice of different ways of investing in a Part 6A product, as reported to APRA in accordance with the applicable RSE structure standard, each of those ways is an investment pathway of the Part 6A product.
"investment pathway weight" has the meaning given by subregulation 9AB.4A(9).
"investment performance standard" means:
(a) the Financial Sector (Collection of Data) (reporting standard) determination No. 45 of 2023 ; or
(b) the Financial Sector (Collection of Data) (reporting standard) determination No. 46 of 2023 ; or
(c) an analogous legislative instrument (whether or not the legislative instrument is in force).
"lifecycle Part 6A product" has the meaning given by regulation 9AB.3.
"lifestage weight" has the meaning given by regulation 9AB.4.
"lookback period" , for a Part 6A product in respect of a financial year, has the meaning given by regulation 9AB.6.
"net investment return" , of a Part 6A product in relation to a quarter, means the Part 6A product's net investment return in relation to the quarter, as reported to APRA in accordance with the applicable investment performance standard.
"net return" , of a Part 6A product in relation to a quarter, means the Part 6A product's net return in relation to the quarter, as reported to APRA in accordance with the applicable investment performance standard.
"performance measure" , for a Part 6A product for a financial year, has the meaning given by subregulation 9AB.10(3).
"platform TDP" means a trustee - directed product that is offered through one or more investment menus of the platform type, as reported to APRA in accordance with the applicable RSE structure standard.
"representative administration fees and expenses" or RAFE has the meaning given by regulation 9AB.4A.
"RSE structure standard" means:
(a) the Financial Sector (Collection of Data) (reporting standard) determination No. 43 of 2023 ; or
(b) the Financial Sector (Collection of Data) (reporting standard) determination No. 44 of 2023 ; or
(c) an analogous legislative instrument (whether or not the legislative instrument is in force).
"standard fees and costs arrangement" , of a Part 6A product in relation to a period, means the Part 6A product's standard fees and costs arrangement in relation to the period, as reported to APRA in accordance with the applicable investment performance standard and applicable RSE structure standard.
"standard Part 6A product" : a Part 6A product is a standard Part 6A product if it is not a lifecycle Part 6A product.
"standard platform TDP" means a platform TDP that is not a hybrid platform TDP.
"strategic asset allocation" has the meaning given by regulation 9AB.5.
transaction costs cap ", of a Part" 6A product in relation to a financial year, means the Part 6A product's fee cap (for the transaction costs type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
transaction costs flat amount ", of a Part" 6A product in relation to a financial year, means the Part 6A product's dollar amount (for the transaction costs type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
transaction costs percentage ", of a Part" 6A product in relation to a financial year, means the Part 6A product's percentage of member balance (for the transaction costs type of fee) in relation to the end of the financial year, as reported to APRA in accordance with the applicable fees standard.
trustee-directed product has the meaning given by regulation "9AB.2."