Download - DJ Carmichael

DJ CARMICHAEL PTY LIMITED
Client Profile Form
To enable us to provide appropriate advice based on your personal circumstances, needs and objectives please complete :
PART A – Risk Profile - Please note that you MUST complete all questions in the Risk Profile Section of this form.
PART B – Financial Information - You have a right to decline to provide this information to us. Where you do not wish to provide us
with the required information, please tick the checkbox indicating you decline to provide any financial information.
Where you have not provided us with complete and accurate information, you risk acquiring financial products that are inappropriate for
you. Additionally, the onus is upon you, before acting on the advice to consider the appropriateness of the advice, having regard to
your own relevant personal and financial circumstances. This risk profile primarily relates to investments in the share market and your
risk tolerance to that asset class. The risk profile may be relied on to recommend other financial products that have a lower risk profile.
Should you require holistic financial planning advice, please contact your adviser and we will refer you to one of our specialist financial
planners.
Adviser Code :
Trading Account Number:
Trading Account Name
1.
PERSONAL INFORMATION
Client 1 / Director 1
Full Name
Date of Birth
Marital Status
State of Health
Type of Centrelink Payment
Eligibility
Retirement Status
PART A
a. Retired
b. Retire in 5 years
c. More than 5 years from
retirement
Client 2 / Director 2
a.
b.
c.
Retired
Retire in 5 years
More than 5 years from
retirement
KRISK PROFILE - The responses to the Questions below are MANDATORY.
Your responses to the following questions should relate only to the advice you are seeking in relation to monies you provide
to us. Where you have only provided us with a portion of your portfolio to invest, the responses should relate to that portion
only. If this is a joint account or there is more than one applicant to the account, your responses should take into account all
parties to the account. Advice will be prepared based on the responses you provide below.
Investment Risks
Q1
Compared to others, how would you rate your willingness to take financial risks?
a)
b)
c)
d)
e)
Very high risk taker
High risk taker
Average risk taker
Low risk taker
Very low risk taker
Q2
a)
b)
c)
d)
How familiar are you with the share market?
I am experienced with all asset sectors and understand the various factors that influence
portfolio performance
I understand that markets fluctuate and that different market sectors offer different income,
growth and taxation consequences
I have just enough experience to understand some aspects of share market investments
I have very little experience of share market investments
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2
3
4
5
2
3
4
5
Investment Time Frame
Q3
a)
b)
c)
d)
e)
f)
If you are more than 5 years from retirement, what is your expected time-frame before you will
need to access capital once investments have been placed?
Not applicable – I’m a retiree or within 5 years of retirement. (Please proceed to Q4 and
0
select one of the following answers a – d)
Longer than 7 years
1
Between 5 & 7 years
2
Between 3 & 5 years
3
Between 2 & 3 years
4
Less than 2 years (would like to invest some money for short term use)
5
OR
Q4
a)
b)
c)
d)
If you are a retiree or within 5 years of retirement, what is your expected time-frame before you will
need to access capital once investments have been placed?
Not applicable – I am at least 5 years to retirement. (If you select this response you must select
0
one of the answers a – d for Q3)
Longer than 5 years
1
Between 3 & 5 years
3
Between 1 & 3 years
5
Inflation
Q5
a)
b)
c)
Inflation is best represented by a rise in the price of general goods over time.
How much risk are you prepared to take to counter the effects of inflation?
I am comfortable with short and medium term capital losses in order to beat inflation over the
longer term
I am conscious of the effects of inflation, but would prefer a position that limits short and
medium term capital losses
Inflation may erode my savings but I have little tolerance for short and medium term capital
losses
1
3
5
Volatility
Q6
a)
b)
c)
d)
e)
Q7
a)
b)
c)
d)
e)
Share market investments can fluctuate both up and down, this is referred to as market volatility.
How much volatility would you be comfortable with? Assuming an initial investment of $10,000:
More than 75% - portfolio fluctuates between $2,500 and $17,500
1
Up to 50% - portfolio fluctuates between $5,000 and $15,000
2
Up to 25% - portfolio fluctuates between $7,500 and $12,500
3
Up to 10% - portfolio fluctuates between $9,000 and $11,000
5
Any fall in value of my investments would make me feel concerned and anxious
6
What would your reaction be if 6 months after placing your investment(s) you discover that, in line
with what is happening in the financial markets generally, your investments have decreased by
20%?
I would invest a large amount of additional funds expecting future growth
1
I would invest a small amount of additional funds, expecting future growth
2
I would leave the investment in place and wait to see if the investment improves
3
I would cut my losses and transfer some of my funds into more secure market sectors
4
I would cut my losses and transfer all of the funds into more secure assets, as I did not intend
5
to take any risks
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Investment Performance
Q8
a)
b)
c)
d)
e)
Q9
a)
b)
c)
d)
e)
What level of risk are you prepared to take in order to achieve your desired return?
I am comfortable trying to maximise potential returns regardless of risk
I would consider a high degree of risk as acceptable for a large increase in potential returns
I would consider a moderate degree of risk as acceptable for a medium increase in potential
returns
I would consider a small degree of risk as acceptable for a slight increase in potential returns
Security of capital is required regardless of potential returns
What are your future income requirements from your investments?
I require no amount of investment income as the focus for me is capital growth
I require a small amount of investment income as I wish to focus on capital growth
I require an equal focus on getting an even combination of income and capital growth
I require investments to generate a higher level of income but would like some exposure to
capital growth
I require investments to focus solely on income generation as capital growth is not required
1
2
3
4
5
1
2
3
4
5
Borrowed Money
Q10
a)
b)
c)
Have you ever borrowed money to make an investment?
I have borrowed money to invest in direct shares and/or managed funds and/or structured
products
I have only borrowed money to purchase an investment property or rental property
I have never borrowed money to invest except in my own home
Total Points (Question 1 – 10)
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INVESTOR RISK PROFILE SUMMARY
Defensive (indicative weighting 30/70% Growth to Defensive shares )
Total points
You are a Defensive investor. You are prepared to experience some risk, but risk must be
relatively low and you are prepared to accept lower returns to lessen the risk to your capital. The
negative effects of tax and inflation do not overly concern you provided the capital value of your
initial investment is broadly kept intact in the medium term.
36+
□
31-35
□
21-30
□
16-20
□
13-15
□
0-12
□
Balanced (indicative weighting 50/50% Growth to Defensive shares)
You are a Balanced investor who wants a balanced share portfolio seeking better returns than
those achievable by a Defensive portfolio.
Moderate Growth (indicative weighting 65/35% Growth to Defensive shares )
You are a Moderate Growth investor seeking better than balanced returns and a moderate level
of risk. You require a share portfolio which will cope with the effects of tax and inflation. A
reasonable level of volatility and risk will be acceptable to you to achieve higher than basic cash
and fixed interest returns.
Growth (indicative weighting 75/25% Growth to Defensive shares)
You are a Growth investor, earning sufficient income outside your proposed share portfolio to
meet your household expense needs and able to invest a surplus into capital growth focused
investments. You are prepared to accept higher volatility and higher risks which can include
capital losses. Your primary concern is to accumulate growth assets over the medium to long
term.
High Growth (indicative weighting 85/15% Growth to Defensive shares)
You are a High Growth investor prepared to compromise share portfolio balance to pursue
potentially greater long-term returns. Your investment choices are diverse, but carry with them
the highest level of risk. The short to medium term security of capital is secondary to the potential
for capital appreciation. You are prepared to accept, and can financially accept a capital loss of a
significant part of your share portfolio.
Speculative (indicative weighting 100/0% Growth to Defensive shares )
You are a Speculative investor prepared to trade off share portfolio balance to pursue potentially
greater short and long-term returns. Your investments carry with them the highest level of risk.
The short to medium term security of capital is secondary to the potential for wealth accumulation.
You are prepared to accept, and can financially accept a total capital loss of your share portfolio.
The nature of speculative investment means that it is likely that you will experience a total capital
loss.
Client Risk Profile Acknowledgement
I agree with the category assigned above and understand that this profile will be
considered for advice purposes (please proceed to client authorisation section)
□
I disagree with the category assigned above and want to change my investor profile for
the investment advice I wish to receive (please complete next section)
□
Client Risk Profile Variation
Please make the following variation to my proposed risk profile and update
to the following:
Defensive
Balanced
Moderate Growth
Growth
High Growth
Speculative
Reason for variation:
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□
□
□
□
□
Q11 INVESTMENTS
INVESTMENT PREFERENCE
Please insert either 1, 2 or 3 in each box. Use the scale where 1 is no experience and 3 is highly experienced.
Equities
Derivatives
Speculative
Options
ASX 200
Warrants
Seed Capital
Other
Initial Public
Offerings
Margin Lending
Fixed Interest
Managed Funds
Money Market
Derivatives
Margin Lending
Fixed interest
……………………...
Other
…………….............
INVESTMENT PREFERENCE
Please tick one or more of the investments that interest you.
Australian
Equities
International
Equities
Listed Managed
Funds
Speculative
Options
ASX 200
Warrants
Seed Capital
Other
Initial Public
Offerings
……………………...
Other
…………….............
INVESTMENT STRATEGY (Compulsory completion for a Superannuation Fund Account)
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To enable us to provide appropriate advice based on your personal circumstances, needs and objectives please complete the section
below. You have a right to decline to provide this information to us. Where you do not wish to provide us with the required information,
please tick the checkbox below indicating you decline to provide this information.
PART B
K FINANCIAL INFORMATION
I decline to provide you with any personal Financial Information (Please tick to indicate)
DO YOU HAVE ANY FINANCIAL DEPENDENTS? YES / NO
Dependent 1
If yes, complete this section:
Dependent 2
Dependent 3
Full Name
Date of Birth:
Relationship:
Type of Support:
Value ($) of Support:
•
Please combine the assets and liabilities of all applicants to the account.
Assets:
Liabilities:
Cash
Shares
Managed Funds
Overdrafts
Mortgage
Other Loans &
Liabilities
Credit Cards
Margin Lending
Other Liabilities
Total Liabilities (L)
Derivatives
Fixed Term Investments
Superannuation Funds
Principal Residence
Investment and other Real
Estate
Other Assets
Total Assets (A)
NET WORTH (A – L)
Income
Client 1
Client 2
Client 1
Client 2
Annual income after tax
Sources of income (e.g. selfemployed, salary, investment, retired
investments, pension)
Expected changes to income in the
next 12 months
Expenses & Savings
Annual savings per annum
Annual ordinary living expenses
Expected changes in ordinary living
expenses in the coming 12 months
Capital needs in the next 12 months
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Client Risk Profile Declaration
I/We confirm that the details recorded in the client risk profile questionnaire are correct and are a true reflection
of my/our attitude towards risk. I/We confirm that I/We have read and understood my/our agreed risk profile and
additionally I/We understand that this profile will be considered in the advice process.
The information sought from you in this form will be used to determine your holistic risk profile and may contain
references to a broad range of financial products and assets. It will also be used to help determine the proportion
of your overall investment portfolio that can and should be exposed to Australian share market investments.
WARNING:
Please be advised that DJ Carmichael and your Adviser need your personal information to ensure that
recommendations are appropriate for you. You have a right to decline to provide this information to us.
However, where we have been provided with inaccurate or incomplete information by you, you risk acquiring
financial products that are inappropriate for you. Where the information provided is either incomplete or
inaccurate, or both, the onus is upon you, before acting on the advice to consider the appropriateness of the
advice, having regard to your own relevant personal and financial circumstances.
CLIENT DECLARATION & AUTHORISATION
Client (1): Full name
Signature
Date
/
□ Director
Position (if applicable)
Client (2): Full name
□ Secretary
□ Trustee
□ Authorised Officer
Signature
Date
/
□ Director
Position (if applicable)
DJC Office Use Only:
Input to Complii
□ Secretary
Document Scanned
/
□ Trustee
□ Authorised Officer
Document Saved to
Complii Scans
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DJ CARMICHAEL PTY LIMITED
ABN 26 003 058 857
Australian Financial Services Licence No 232571
Level 14, Parmelia House
191 St Georges Terrace
PERTH WA 6000
PO Box Z5186
PERTH WA 6831
Telephone: (61 8) 9263 5200 Facsimile: (61 8) 9263 5280
Email: [email protected]
Webpage: www.djcarmichael.com.au
Note: All our forms, Privacy Agreement and Terms and Conditions
can be downloaded from our website.
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