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.