Macquarie Prime Additional Products Application Form

Transcription

1 Macquarie Prime Additional Products Application Form For individual, joint and sole trader applicants only Please complete this Application Form if you are an individual, sole trader or joint applicant, or a duly authorised financial adviser of such applicants, applying for Additional Products within a Macquarie Prime Facility, including a Loan Facility, a Shorting Facility, and/or a CFD Trading Facility. If you are applying on behalf of a company, partnership, superannuation fund, trust or managed investment scheme, please apply online at macquarie.com.au/applyforprime. Before completing this form, please ensure you have read and understood the following Transaction Documents as relevant to your application, which are available from macquarie.com.au/offerdocs: All clients: Macquarie Prime Client Agreement Macquarie Prime Account PDS Macquarie Equities Limited Financial Services Guide Macquarie Bank Limited Financial Services Guide If you are applying for a Loan Facility: Macquarie Prime Loan Facility PDS If you are applying for a CFD Trading Facility: Macquarie CFD PDS If you are applying for a Short Selling Facility: Macquarie Shorting PDS If you already have a Macquarie Prime Facility, when you apply for additional products (a Loan Facility, a Shorting Facility, or a CFD Trading Facility) the current terms and conditions of your settlement bank account (your Macquarie Prime Account) and your trading facility (your Macquarie Prime Facility) will be replaced by the Macquarie Prime Client Agreement and the Macquarie Prime Account PDS. Please ensure that you have reviewed both of these documents as they will apply to your Macquarie Prime Facility once you have access to Loan Facility, Shorting Facility, or CFD Trading Facility. If you have any questions, or would like assistance to complete this Application Form, please contact the Macquarie Prime Client Service Team on Checklist THIS FORM Macquarie Prime Facility Application Additional Features Application Form Share Transfer and Refinance Form CFD Qualification Questionnaire All applicants applying for a Macquarie Prime Facility must complete this form. Only applicants wishing to apply for a Loan Facility, CFDs or short selling are required to complete this form. Applicants wishing to transfer stock from another broker or refinance an existing loan must complete this form. Only applicants applying for a CFD Trading Facility are required to complete this form. Please ensure you have completed all fields within this form marked as mandatory (*) and signed section 5 then return to: Macquarie Prime, PO Box 3466, Sydney NSW 2001

2 2 of 8 1 Applicant Details For joint Investors, only one applicant is required to complete this section. Prime Facility Number (if you have one): Do you have a Macquarie Access Code ( MAC )? No Yes MAC: Title*: First name(s)*: Last name*: Date of birth*: Gender: Male Female Home phone number: Mobile phone number: Work phone number: Please provide at least one contact number address*: 2 Product Details 2a. Additional Products Selection For new Clients, this Additional Products Application Form should accompany your Macquarie Prime Facility Application Form. Please indicate below the additional features you wish to apply for. I want to: borrow from Macquarie to invest in shares (open a Loan Facility ) sell shares I borrow from Macquarie (open a Shorting Facility ) trade CFDs (open a CFD Trading Facility ) 2b. Risk Limit Details Your Risk Limit is the maximum amount you want us to lend you (on a net basis) within your Macquarie Prime Facility across your share and CFD trading. You only pay interest on the loan amount that you drawdown i.e. if you have no net loan, you pay no interest. Please note that the minimum Risk Limit available for a Macquarie Prime Facility is $50,000. Please nominate a Risk Limit for your Macquarie Prime Facility: $

3 3 of 8 3 Financial Details 3a. Personal Details Nature of occupation*: Full Time Part Time Casual/Temp Self-employed Other Full Time Part Time Casual/Temp Self-employed Other If nature of occupation is Other, please provide a description in the fields below: Marital status*: Single Married/De facto Separated Divorced Widowed Single Married/De facto Separated Divorced Widowed Do you have any dependants*? If yes, how many? What are your living arrangements? Owner occupied Renting Living with parents Other Owner occupied Renting Living with parents Other If other, please provide details:

4 4 of 8 3b. Income and Asset Details Annual Income PAYG: A$ A$ Self-employed: A$ A$ Rental income: A$ A$ Investment income: A$ A$ Other income: A$ A$ If you have entered Other income, please provide details: Do you foresee any changes to the income you have stated above that will decrease your ability to meet your obligations under this facility in the reasonable foreseeable future (eg. pending retirement, work changes due to family circumstances, returning to study etc)? If yes, please provide details: Annual Expenses Rent: A$ A$ Mortgage repayments: (owner occupied) Mortgage repayments: (investment) Other debt payments: (incl. Credit cards, store cards, personal loans, investment loans) A$ A$ A$ A$ A$ A$ Other living expenses: A$ A$ Other expenses: A$ A$ If you have entered Other expenses, please provide details: Do you foresee any material changes to the expenses you have stated that will decrease your ability to meet your obligations under this facility in the reasonable foreseeable future (eg. pending retirement, work changes due to family circumstances, returning to study etc)? If yes, please provide details:

5 5 of 8 For shared or joint assets, please only specify the proportion you own. Assets Cash: A$ A$ Owner occupied property: A$ A$ Investment property: A$ A$ Shares & managed funds: A$ A$ Superannuation: A$ A$ Other assets: A$ A$ If you have entered Other assets, please provide details: Liabilities For shared or joint, liabilities, please only specify the proportion of which you are liable for. Owner occupied mortgage (balance): A$ A$ Owner occupied mortgage (limit) A$ A$ Investment mortgage (balance): A$ A$ Investment mortgage (limit): A$ A$ Credit cards & personal loans (balance): A$ A$ Credit cards & personal loans (limit): A$ A$ Margin loans (balance): A$ A$ Margin loan (limit): A$ A$ Other liabilities: A$ A$ If you have entered Other liabilities, please provide details: Macquarie Debt Do you have any other loan facilities with Macquarie? If yes, please provide details:

6 6 of 8 Have you taken out a loan to fund your margin obligations or the securities you transferred to establish the facility? (This is sometimes referred to as double gearing ) If yes, what is the value of the loan? A$ A$ Has that loan been secured by your primary residential property?

7 7 of 8 4 Consents and Acknowledgements There are significant risks involved with shorting, leverage and derivatives. The following section requires that you acknowledge these risks explicitly. The Macquarie Prime Facility involves geared investments for experienced investors I/We acknowledge that I/We should not enter into CFD, Loan Facility or Short Selling positions using a Macquarie Prime Facility, unless I am/we are experienced with equity derivatives, geared investing and can tolerate a reasonable level of risk. If trading CFDs or Short Selling you will be entering a contact directly with Macquarie and not a securities exchange, which carries Macquarie credit, procedures and systems risks that are higher degree than when trading shares on an exchange. Investment losses can be significant and more than the money in your Macquarie Prime Bank Account I/We understand that a Macquarie Prime Facility can allow me/us to open a position with a high degree of gearing. These positions may be speculative. This gearing can have the effect of significantly magnifying losses as well as profits. These losses may exceed the amount of any funds in my/our Macquarie Prime Bank Account. My Margin Obligations and my Positions may be closed out I/We understand that if I/we enter into a CFD, Loan Facility or Short Selling position, if there is an adverse market movement I/we may need to pay money to Macquarie under a Margin Obligation on very short notice. I/We also acknowledge that if I/we fail to maintain sufficient funds in my/our Prime facility to meet the Margin Obligation or if there is a dramatic adverse market movement, my/our open Positions may be Closed-Out at Macquarie s discretion and on no notice, and that this could result in a significant loss to me/us for which I am/we are responsible. Available Funds must be maintained to meet any required payments I/We acknowledge that I/we must keep sufficient Available Funds to meet payments (including applicable Mark to Market Payments) in my Macquarie Prime Bank Account and should maintain sufficient liquid assets to meet any losses greater than the amount I/we have on deposit in my/our Macquarie Prime Account at any given time. Access to the internet I/We understand that I/we need to constantly monitor my/our positions and need to have access to the internet to manage my/our investment and the associated risks, and my personal address to receive notifications, including margin breach.

8 8 of 8 5 Signatures and Authorisations I/We authorise this application to be submitted at macquarie.com.au/prime, and acknowledge that I/we may review this application at any time by using my/our MAC and password to log in to macquarie.com.au/login. In duty authorising this application to be submitted on my/our behalf, I/we declare that the answers on this application form are true and correct, I/we confirm that I/we have read and understood the entire Application Form and have received, read and understood all relevant Transaction Documents. signature: signature: Name: Name: Date: Date: 6 Next steps To verify the financial information you have provided throughout the application, we are required to ask you to provide the documents below. If you cannot provide these documents, please contact us on or us at prime@macquarie.com. Two consecutive payslips (with the latest payslip not older than two months); For self-employed applicants, full financial accounts for the past two financial years; More options: A recent letter from your employer stating length of employment and current base income; Your last two full tax returns, with the latest not more than 12 months old; The most recent year s PAYG summary and a payslip not more than two months old; OR For self-employed applicants, two consecutive business tax returns, with the latest not more than 12 months old. If you are applying for a CFD Trading Facility, please ensure you complete the CFD Qualification Questionnaire available from macquarie.com.au/applyforprime, and attach it to this Application Form. If you are wishing to transfer in CHESS Sponsored shares, or Issuer Sponsored shares, please ensure you complete the Macquarie Prime Share Transfer and Refinance form, available from macquarie.com.au/applyforprime, and attach it to this Application Form. Once you have completed this form, ensuring that all fields marked with an asterisk ( * ) have been completed, and signed in section 5 above, please return the signed form together with any other relevant forms, to: Macquarie Prime PO Box 3466 SYDNEY NSW 2001 If you have any questions, or would like assistance with your application, please contact the Macquarie Prime Client Service Team on