GLOSSARY

Account

Each investors Investment Portfolio including all cash and non-cash assets and any other minimum cash assets required by the RE

Model Portfolio

A portfolio of assets constructed by an Investment Manager according to the Mandate of the model portfolio

Capital Protected

The percentage of the investors capital secured by the SPP Swap Contract, in the case of the LCPSMA this is equal to 80% of the highest value achieved by the Investment Portfolio. Further details are contained in the PDS of the Scheme.

Investment Manager

An Investment Manager either constructs or provides advice to the LMA on the construction of the Model Portfolios.

Target Exposure

The percentage allocation to the Model Portfolio and Cash under the predefined algorithm.

Lock-in Level

The value of your Investment Portfolio against which Capital Protection is provided

SPP Swap Contract

The derivative contract entered into between the Responsible Entity and the SPP Swap Provider

GST

Australian Goods and Services Tax pursuant to the A New Tax System (Goods and Services) Tax Act 1999

CGT

Capital Gains Tax

Online Client Access

An internet website secured by a User ID and Password to view your Account details

LVR

Loan to Value Ratio

PDS

A product disclosure statement, including any supplementary product disclosure statement

S&P/ASX Index

A stock market index of Australian stocks listed on the Australian Securities Exchange published by Standard & Poor’s

IDPS

Investor direct portfolio service

Application Form

The Application Form included in a PDS to be used by persons wishing to invest in a Scheme

SMSF

Self managed superannuation fund

In-specie Transfer

A transfer of securities where there is no change in the beneficial ownership of the securities

Linear

Linear Asset Management Limited ABN 11 119 757 596, also referred to as Responsible Entity, Linear Asset Management and LAM

Linear Financial

Linear Financial Holdings Pty Limited ABN 11 118 723 023

LMA

Linear Managed Accounts ARSN 128 111 857

Custodian

The custodian appointed by the Responsible Entity to hold the assets of the Scheme.

National Privacy Principles

The National Privacy Principles set out in Schedule Three of the Privacy Act 1988 (Cth)

ABN

Australian Business Number

Mandate

The instructions of the Investment Manager on how to manage each Model Portfolio according to that Model Portfolio’s risk and return profile and in order to achieve a stated investment objective

Dynamic Rebalancing

The process of re-weighting your Investment Portfolio between Cash and the Model Portfolio.

LPFS

Linear Property Fund Services, a property and administration service for external clients investing in property.

AFSL

Australian Financial Services Licence

Standard & Poor’s

A division of McGraw-Hill that publishes indices, financial research and analysis on stocks and bonds.

Investment Portfolio

Includes the Model Portfolio as instructed by your investment instructions and any cash required by the Investment Manager or by the Dynamic Rebalancing process.