Commonwealth Coat of Arms of Australia

Financial Sector (Collection of Data) (reporting standard) determination No. 8 of 2025

Reporting Standard SRS 553.0 Investment Exposure Concentrations and Valuations

Financial Sector (Collection of Data) Act 2001

I, Andrew Robertson, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act), determine Reporting Standard SRS 553.0 Investment Exposure Concentration and Valuations, in the form set out in the Schedule, which applies to financial sector entities to the extent provided in paragraph 3 of that reporting standard.

Under section 15 of the Act, I declare that Reporting Standard SRS 553.0 Investment Exposure Concentration and Valuations shall begin to apply to those financial sector entities at the start of the day after the day this instrument is registered on the Federal Register of Legislation.

This instrument commences at the start of the day after the day it is registered on the Federal Register of Legislation.

Dated: 30 April 2025

Andrew Robertson

Chief Data Officer

Technology and Data Division

Interpretation

In this instrument:

APRA means the Australian Prudential Regulation Authority.

Federal Register of Legislation means the register established and maintained under section 15A of the Legislation Act 2003.

financial sector entity means financial sector entities of a kind referred to in paragraphs 5(2)(a) to (d) of the Act.

Schedule

Reporting Standard SRS 553.0 Investment Exposure Concentrations and Valuations comprises the document commencing on the following page.

Commonwealth Coat of Arms of Australia

Reporting Standard SRS 553.0

Investment Exposure Concentrations and Valuations

Objective of this reporting standard

This Reporting Standard sets out requirements for the provision of information to APRA relating to investment holdings and valuations of registrable superannuation entities (RSE), defined benefit RSEs pooled superannuation trusts.

It includes Reporting Form SRF 553.0 Material Listed or Liquid Unlisted Exposures, Reporting Form SRF 553.1 Material Unlisted Exposures, Reporting Form SRF 553.2 Investment Options and Country Exposures, Reporting Form SRF 553.3 Valuations, associated specific instructions and Appendix A: Reportable Exposure Illustration.

Authority

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose

2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It may also be used by the Australian Securities and Investments Commission.

Application

3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE and pooled superannuation trust (PST) within its business operations[1].

Commencement

4. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.

Reporting periods

5. The RSE Licensee must provide the information required by this Reporting Standard for the reporting periods, by the due dates, set out in the table below.

<table cellspacing="0" cellpadding="0" style="width:426pt; margin-left:18pt; margin-bottom:0pt; border:0.75pt solid #000000; border-collapse:collapse"><thead><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Reporting Form</span></p></td><td style="width:85.35pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Reporting Table</span></p></td><td style="width:68.15pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Reporting Period</span></p></td><td style="width:66.6pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Due Date</span></p></td><td style="width:71.6pt; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">First Reporting Period</span></p></td></tr></thead><tbody><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.0 Material Listed or Liquid Unlisted Exposures</span><span style="font-family:'Times New Roman', serif"> (SRF 553.0)</span></p></td><td rowspan="2" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Internally Managed – Material Listed or Liquid Unlisted Investments.</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Externally Managed – Material Listed or Liquid Unlisted Investments</span></p></td><td rowspan="2" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="2" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="2" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p></td></tr><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.1 Material Unlisted Exposures</span><span style="font-family:'Times New Roman', serif"> (SRF 553.1)</span></p></td><td rowspan="3" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Internally Managed – Material Unlisted Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Externally Managed – Material Unlisted Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 3: Externally Managed – Material Unlisted Investments (Valuations)</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p></td><td rowspan="3" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="3" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="3" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.2 Investment Option and Country Exposures</span><span style="font-family:'Times New Roman', serif"> (SRF 553.2)</span></p></td><td rowspan="2" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Investment Option Exposures</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Country Exposures</span></p></td><td rowspan="2" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="2" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="2" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.3 Valuations</span><span style="font-family:'Times New Roman', serif"> (SRF 553.3)</span></p></td><td rowspan="2" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Out Of Cycle Valuations – Material Unlisted Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Out Of Cycle Valuations – Material Impact On Investment Options</span></p></td><td rowspan="2" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="2" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="2" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td><td style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 3: RSE Valuation Profile</span></p></td><td style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td><td style="width:85.35pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 4: RSE Internally and Externally Managed Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p></td><td style="width:68.15pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each year ending on 30 June.</span></p></td><td style="width:66.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">For the first reporting period: 15 December 2025</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">For subsequent reporting periods: 3 months after the end of the relevant reporting period</span></p></td><td style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The year ending on 30 June 2025</span></p></td></tr></tbody></table>

Notices

6. If, having regard to the particular circumstances of an RSE, defined benefit RSE or PST, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE or PST.

7. Where APRA has changed the reporting periods under paragraph 6 the RSE licensee must provide the relevant information within the time specified by the notice in writing.

8. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs or PSTs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.

Note: For the avoidance of doubt, APRA’s expectation is that if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.

Form and method of submission

9. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.

Quality control

10. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE or PST to which the information relates[2]. This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:

11. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and

12. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).

13. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.

Authorisation

12. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.

13. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:

14. obtain from the agent a copy of the completed form with the information provided to APRA; and

15. retain the completed copy.

16. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:

17. the Chief Executive Officer of the RSE licensee; or

18. the Chief Financial Officer of the RSE licensee.

Minor alterations to forms and instructions

15. APRA may make minor variations to:

16. a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or

17. the instructions to a form, to clarify their application to the form,

without changing any substantive requirement in the form or instructions.

16. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.

Interpretation

17. In this Reporting Standard:

APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

Chief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[3].

Chief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.

defined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.

due date means the relevant due date under paragraph 5, 7 or, if applicable, paragraph 8 of this Reporting Standard.

MySuper product has the meaning given in subsection 10(1) of the SIS Act.

reporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6 of this Reporting Standard.

RSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, small APRA fund or single member approved deposit fund[4].

RSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.

RSE licensee has the meaning given in subsection 10(1) of the SIS Act.

SIS Act means Superannuation Industry (Supervision) Act 1993.

SRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.

Pooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.

18. In this Reporting Standard, unless an instrument is not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.

19. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.

Investment Exposure Concentrations and Valuations

Objective of this reporting standard

This Reporting Standard sets out requirements for the provision of information to APRA relating to investment holdings and valuations of registrable superannuation entities (RSE), defined benefit RSEs pooled superannuation trusts.

It includes Reporting Form SRF 553.0 Material Listed or Liquid Unlisted Exposures, Reporting Form SRF 553.1 Material Unlisted Exposures, Reporting Form SRF 553.2 Investment Options and Country Exposures, Reporting Form SRF 553.3 Valuations, associated specific instructions and Appendix A: Reportable Exposure Illustration.

Authority

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose

2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It may also be used by the Australian Securities and Investments Commission.

Application

3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE and pooled superannuation trust (PST) within its business operations[1].

Commencement

4. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.

Reporting periods

5. The RSE Licensee must provide the information required by this Reporting Standard for the reporting periods, by the due dates, set out in the table below.

<table cellspacing="0" cellpadding="0" style="width:426pt; margin-left:18pt; margin-bottom:0pt; border:0.75pt solid #000000; border-collapse:collapse"><thead><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Reporting Form</span></p></td><td style="width:85.35pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Reporting Table</span></p></td><td style="width:68.15pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Reporting Period</span></p></td><td style="width:66.6pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">Due Date</span></p></td><td style="width:71.6pt; border-left:0.75pt solid #000000; border-bottom:1.5pt solid #666666; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold">First Reporting Period</span></p></td></tr></thead><tbody><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.0 Material Listed or Liquid Unlisted Exposures</span><span style="font-family:'Times New Roman', serif"> (SRF 553.0)</span></p></td><td rowspan="2" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Internally Managed – Material Listed or Liquid Unlisted Investments.</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Externally Managed – Material Listed or Liquid Unlisted Investments</span></p></td><td rowspan="2" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="2" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="2" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p></td></tr><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.1 Material Unlisted Exposures</span><span style="font-family:'Times New Roman', serif"> (SRF 553.1)</span></p></td><td rowspan="3" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Internally Managed – Material Unlisted Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Externally Managed – Material Unlisted Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 3: Externally Managed – Material Unlisted Investments (Valuations)</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p></td><td rowspan="3" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="3" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="3" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.2 Investment Option and Country Exposures</span><span style="font-family:'Times New Roman', serif"> (SRF 553.2)</span></p></td><td rowspan="2" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Investment Option Exposures</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Country Exposures</span></p></td><td rowspan="2" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="2" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="2" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-style:italic">Reporting Form SRF 553.3 Valuations</span><span style="font-family:'Times New Roman', serif"> (SRF 553.3)</span></p></td><td rowspan="2" style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 1: Out Of Cycle Valuations – Material Unlisted Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 2: Out Of Cycle Valuations – Material Impact On Investment Options</span></p></td><td rowspan="2" style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td rowspan="2" style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td rowspan="2" style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td><td style="width:85.35pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 3: RSE Valuation Profile</span></p></td><td style="width:68.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year</span></p></td><td style="width:66.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">40 calendar days after the end of the relevant reporting period</span></p></td><td style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The calendar quarter ending on 31 December 2025</span></p></td></tr><tr><td style="width:79.55pt; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif; font-weight:bold"></span></p></td><td style="width:85.35pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Table 4: RSE Internally and Externally Managed Investments</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif"></span></p></td><td style="width:68.15pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">Each year ending on 30 June.</span></p></td><td style="width:66.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">For the first reporting period: 15 December 2025</span></p><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">For subsequent reporting periods: 3 months after the end of the relevant reporting period</span></p></td><td style="width:71.6pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p class="BodyText" style="margin-top:6pt; margin-left:0pt; margin-bottom:0pt; text-indent:0pt; text-align:left; widows:0; orphans:0; font-size:12pt"><span style="font-family:'Times New Roman', serif">The year ending on 30 June 2025</span></p></td></tr></tbody></table>

Notices

6. If, having regard to the particular circumstances of an RSE, defined benefit RSE or PST, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE or PST.

7. Where APRA has changed the reporting periods under paragraph 6 the RSE licensee must provide the relevant information within the time specified by the notice in writing.

8. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs or PSTs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.

Note: For the avoidance of doubt, APRA’s expectation is that if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.

Form and method of submission

9. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.

Quality control

10. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE or PST to which the information relates[2]. This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:

11. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and

12. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).

13. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.

Authorisation

12. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.

13. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:

14. obtain from the agent a copy of the completed form with the information provided to APRA; and

15. retain the completed copy.

16. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:

17. the Chief Executive Officer of the RSE licensee; or

18. the Chief Financial Officer of the RSE licensee.

Minor alterations to forms and instructions

15. APRA may make minor variations to:

16. a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or

17. the instructions to a form, to clarify their application to the form,

without changing any substantive requirement in the form or instructions.

16. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.

Interpretation

17. In this Reporting Standard:

APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

Chief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[3].

Chief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.

defined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.

due date means the relevant due date under paragraph 5, 7 or, if applicable, paragraph 8 of this Reporting Standard.

MySuper product has the meaning given in subsection 10(1) of the SIS Act.

reporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6 of this Reporting Standard.

RSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, small APRA fund or single member approved deposit fund[4].

RSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.

RSE licensee has the meaning given in subsection 10(1) of the SIS Act.

SIS Act means Superannuation Industry (Supervision) Act 1993.

SRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.

Pooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.

18. In this Reporting Standard, unless an instrument is not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.

19. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.

Reporting Form SRF 553.0

Material Listed or Liquid Unlisted Exposures

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 553.0 Material Exposures (SRF 553.0). This form collects information relating to material exposures of RSEs to listed or liquid unlisted investments.

General directions and notes

Reporting level

SRF 553.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).

Reporting tables

Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement

Report all items on SRF 553.0 in accordance with the Australian Accounting Standards, except where otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee may use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns to APRA.

Items on SRF 553.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Amounts in SRF 553.0 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Table 1: Internally Managed – Material Listed or Liquid Unlisted Investments

Instructions

Complete this table for material internally managed investments in listed or liquid unlisted assets that underlie internally managed investment options.

Report the:

 20 largest reportable exposures of the RSE, defined benefit RSE or PST to listed or liquid unlisted assets, and

 Any other reportable exposures to listed or liquid unlisted assets of at least 0.5% of total investments of the RSE, defined benefit RSE or PST.

For purposes of reporting in this table, listed or liquid unlisted assets include assets with the following characteristics:

• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income’, ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is ‘Fixed Income Private Debt’; or
• Investment Strategic Sector Type of Cash.

For Cash assets, measure the reportable exposure to each Authorised Deposit-taking Institution.

For Fixed Income assets, measure the reportable exposure to each issuer or counterparty (i.e. aggregate all fixed income assets under the same issuer or counterparty for the purposes of determining if it falls within the top 20 largest exposures of the RSE, defined benefit RSE or PST or at least 0.5% of total investments of the RSE, defined benefit RSE or PST).

Refer to the illustration in Appendix A for additional guidance on the reportable exposures to be measured and reported.

Where the same internally managed investment in listed or liquid unlisted asset is held across various internal vehicles, report reportable exposures on the asset separately for each vehicle.

Reporting Form SRF 553.0

Material Listed or Liquid Unlisted Exposures

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 553.0 Material Exposures (SRF 553.0). This form collects information relating to material exposures of RSEs to listed or liquid unlisted investments.

General directions and notes

Reporting level

SRF 553.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).

Reporting tables

Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement

Report all items on SRF 553.0 in accordance with the Australian Accounting Standards, except where otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee may use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns to APRA.

Items on SRF 553.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Amounts in SRF 553.0 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Table 1: Internally Managed – Material Listed or Liquid Unlisted Investments

Instructions

Complete this table for material internally managed investments in listed or liquid unlisted assets that underlie internally managed investment options.

Report the:

 20 largest reportable exposures of the RSE, defined benefit RSE or PST to listed or liquid unlisted assets, and

 Any other reportable exposures to listed or liquid unlisted assets of at least 0.5% of total investments of the RSE, defined benefit RSE or PST.

For purposes of reporting in this table, listed or liquid unlisted assets include assets with the following characteristics:

• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income’, ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is ‘Fixed Income Private Debt’; or
• Investment Strategic Sector Type of Cash.

For Cash assets, measure the reportable exposure to each Authorised Deposit-taking Institution.

For Fixed Income assets, measure the reportable exposure to each issuer or counterparty (i.e. aggregate all fixed income assets under the same issuer or counterparty for the purposes of determining if it falls within the top 20 largest exposures of the RSE, defined benefit RSE or PST or at least 0.5% of total investments of the RSE, defined benefit RSE or PST).

Refer to the illustration in Appendix A for additional guidance on the reportable exposures to be measured and reported.

Where the same internally managed investment in listed or liquid unlisted asset is held across various internal vehicles, report reportable exposures on the asset separately for each vehicle.

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 553.0 Material Exposures (SRF 553.0). This form collects information relating to material exposures of RSEs to listed or liquid unlisted investments.

Reporting Form SRF 553.0

Material Listed or Liquid Unlisted Exposures

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 553.0 Material Exposures (SRF 553.0). This form collects information relating to material exposures of RSEs to listed or liquid unlisted investments.

General directions and notes

Reporting level

SRF 553.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).

Reporting tables

Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement

Report all items on SRF 553.0 in accordance with the Australian Accounting Standards, except where otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee may use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns to APRA.

Items on SRF 553.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Amounts in SRF 553.0 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Table 1: Internally Managed – Material Listed or Liquid Unlisted Investments

Instructions

Complete this table for material internally managed investments in listed or liquid unlisted assets that underlie internally managed investment options.

Report the:

 20 largest reportable exposures of the RSE, defined benefit RSE or PST to listed or liquid unlisted assets, and

 Any other reportable exposures to listed or liquid unlisted assets of at least 0.5% of total investments of the RSE, defined benefit RSE or PST.

For purposes of reporting in this table, listed or liquid unlisted assets include assets with the following characteristics:

• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income’, ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is ‘Fixed Income Private Debt’; or
• Investment Strategic Sector Type of Cash.

For Cash assets, measure the reportable exposure to each Authorised Deposit-taking Institution.

For Fixed Income assets, measure the reportable exposure to each issuer or counterparty (i.e. aggregate all fixed income assets under the same issuer or counterparty for the purposes of determining if it falls within the top 20 largest exposures of the RSE, defined benefit RSE or PST or at least 0.5% of total investments of the RSE, defined benefit RSE or PST).

Refer to the illustration in Appendix A for additional guidance on the reportable exposures to be measured and reported.

Where the same internally managed investment in listed or liquid unlisted asset is held across various internal vehicles, report reportable exposures on the asset separately for each vehicle.

Reporting level

SRF 553.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).

Reporting tables

Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement

Report all items on SRF 553.0 in accordance with the Australian Accounting Standards, except where otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee may use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns to APRA.

Items on SRF 553.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Amounts in SRF 553.0 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Reporting Form SRF 553.0

Material Listed or Liquid Unlisted Exposures

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 553.0 Material Exposures (SRF 553.0). This form collects information relating to material exposures of RSEs to listed or liquid unlisted investments.

General directions and notes

Reporting level

SRF 553.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).

Reporting tables

Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement

Report all items on SRF 553.0 in accordance with the Australian Accounting Standards, except where otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee may use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns to APRA.

Items on SRF 553.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Amounts in SRF 553.0 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Table 1: Internally Managed – Material Listed or Liquid Unlisted Investments

Instructions

Complete this table for material internally managed investments in listed or liquid unlisted assets that underlie internally managed investment options.

Report the:

 20 largest reportable exposures of the RSE, defined benefit RSE or PST to listed or liquid unlisted assets, and

 Any other reportable exposures to listed or liquid unlisted assets of at least 0.5% of total investments of the RSE, defined benefit RSE or PST.

For purposes of reporting in this table, listed or liquid unlisted assets include assets with the following characteristics:

• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income’, ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is ‘Fixed Income Private Debt’; or
• Investment Strategic Sector Type of Cash.

For Cash assets, measure the reportable exposure to each Authorised Deposit-taking Institution.

For Fixed Income assets, measure the reportable exposure to each issuer or counterparty (i.e. aggregate all fixed income assets under the same issuer or counterparty for the purposes of determining if it falls within the top 20 largest exposures of the RSE, defined benefit RSE or PST or at least 0.5% of total investments of the RSE, defined benefit RSE or PST).

Refer to the illustration in Appendix A for additional guidance on the reportable exposures to be measured and reported.

Where the same internally managed investment in listed or liquid unlisted asset is held across various internal vehicles, report reportable exposures on the asset separately for each vehicle.

Instructions

Complete this table for material internally managed investments in listed or liquid unlisted assets that underlie internally managed investment options.

Report the:

 20 largest reportable exposures of the RSE, defined benefit RSE or PST to listed or liquid unlisted assets, and

 Any other reportable exposures to listed or liquid unlisted assets of at least 0.5% of total investments of the RSE, defined benefit RSE or PST.

For purposes of reporting in this table, listed or liquid unlisted assets include assets with the following characteristics:

• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income’, ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is ‘Fixed Income Private Debt’; or
• Investment Strategic Sector Type of Cash.

For Cash assets, measure the reportable exposure to each Authorised Deposit-taking Institution.

For Fixed Income assets, measure the reportable exposure to each issuer or counterparty (i.e. aggregate all fixed income assets under the same issuer or counterparty for the purposes of determining if it falls within the top 20 largest exposures of the RSE, defined benefit RSE or PST or at least 0.5% of total investments of the RSE, defined benefit RSE or PST).

Refer to the illustration in Appendix A for additional guidance on the reportable exposures to be measured and reported.

Where the same internally managed investment in listed or liquid unlisted asset is held across various internal vehicles, report reportable exposures on the asset separately for each vehicle.

Table 2: Externally Managed – Material Listed or Liquid Unlisted Investments

Instructions

Complete this table for material externally managed investments in listed or liquid unlisted assets that underlie internally managed investment options.

Report the:

 20 largest reportable exposures of the RSE, defined benefit RSE or PST to listed or liquid unlisted assets, and

 Any other reportable exposures to listed or liquid unlisted assets of at least 0.5% of total investments of the RSE, defined benefit RSE or PST.

For purposes of reporting in this table, listed or liquid unlisted assets include:

1. Investments with the following characteristics:

• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income', ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is 'Fixed Income Private Debt'; or
• Investment Strategic Sector Type of Cash.
  1. investment vehicles with a total exposure of greater than 80% to the following investments:
• Investment Strategic Sector Listing Type of ‘Listed’; or
• Investment Strategic Sector Type of ‘Fixed Income', ‘Fixed Income Excluding Credit’ and ‘Credit’, other than where the Investment Asset Class Characteristics 2 Type is 'Fixed Income Private Debt'; or
• Investment Strategic Sector Type of Cash.

For Cash assets, measure the reportable exposure to each Authorised Deposit-taking Institution.

For Fixed Income assets, measure the reportable exposure to each issuer or counterparty (i.e. aggregate all fixed income assets under the same issuer or counterparty for the purposes of determining if it falls within the top 20 largest exposures of the RSE, defined benefit RSE or PST or at least 0.5% of total investments of the RSE, defined benefit RSE or PST).

Refer to the illustration in Appendix A for additional guidance on the reportable exposures to be measured and reported.