Table 1: Investment and transaction feesTable 1: Investment and transaction fees and costs

Table 1: Investment and transaction fees and costs

Report the total investment and transaction fees and costs, for each investment manager and internally incurred, for the reporting period.

For internally incurred investment and transaction fees and costs, report the total fees and costs for each fee type against the RSE licensee.

For each investment manager, report the Asset Class Sector Type, Investment Listing Type and Investment Domicile Type that most closely aligns to the investment with each fund or asset portfolio managed by that investment manager.

For each contract with an investment manager, select one Asset Class Sector Type that best represents the asset sector, listing type and domicile assigned to the investment manager, e.g. if single sector, select the sector, if multi sector, report multi sector. No look through on asset allocation is required.

The investment and transaction fees and costs should align to fees and costs disclosed to members to meet the Australian Securities and Investments Commission’s Regulatory Guide 97 (‘Disclosing fees and costs in PDSs and periodic statements’) obligations for superannuation products in relation to fees and costs disclosure requirements for periodic statements. For superannuation platform operators, it is expected that RSE licensees should also utilise fees and costs information required to meet reporting obligations under Reporting Standard SRS 705.0 Components of net return (SRS 705.0). For all RSEs, it is expected the total fees and costs reported under SRF 332.1 will broadly reconcile to the weighted average of investment and transaction fees and costs reported under SRS 705.0.