Key things to know
1. Minimum share purchase
Each buy instruction to invest in stocks in a particular S&P/ASX200 company must be worth at least $1,500.
Applications to buy or sell stocks received by legalsuper before 1pm Friday (or by Sunday midnight if submitted via MemberAccess) will be implemented each Monday (or the next day in the event of a public holiday).
Note: Failure to comply with one or more of the ASX200 Shares Investment Option criteria will result in your application not being processed. legalsuper will advise you if this occurs.
2. Registration of shares
All shareholdings in the ASX200 Shares Investment Option will be registered in the name of National Custodian Services Limited, as the custodians of the Fund.
The Fund will issue letters confirming shares purchased, entry price per share, any changes to your investment choice and confirmation of the effective date.
You will receive information regarding dividends and any associated imputation credits in your member statements.
3. Dividends and distributions
Any dividends, distributions, or franking credits net of any taxes or charges will be added to your member account. Dividends received pursuant to a dividend reinvestment plan will not be reinvested.
4. Voting rights, and other important matters
National Custodians Limited will make the decisions associated with ownership, such as decisions regarding rights issues, buy-back offers and voting.