Time to take another look at your share sponsorship?

In 1998, Australian investors were asked to move from a paper based share certificate system to an electronic share trading system and were given the choice of becoming either issuer or broker sponsored. Issuer sponsorship represented the closest approximation to the old system and was therefore a natural choice for many investors.

Since the electronic trading system was introduced, both issuer and broker-sponsored investors have enjoyed a fast, secure and efficient service.

If you are currently issuer sponsored we would like to highlight the advantages of switching to broker sponsorship.

Advantages for you include:-

• Ease of settlement – no need to locate issuer statements every time shares are sold. One unique Holder Identification Number (HIN) for all your shareholdings - helping you avoid fail fees
• Less administration – each time you purchase shares your TFN is automatically forwarded to the appropriate share registry
• Change of address – you only need to advise your broker (in writing) and not individually for each company that you own shares in
• Accurate portfolio updates – our system automatically reconciles with CHESS holdings
• Corporate action paperwork – such as takeovers and buybacks -- is sent to the broker for checking and your instructions can be forwarded electronically to companies