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Important Information:

This email contains general information for advisers only and does not take into account any individual objectives, financial situation or needs. This information has been prepared by Australian Investment Exchange Limited (Ausiex) ABN 71 076 515 930 AFSL 241400 under the brand CommSec Adviser Services (CAS). CAS is a brand of Commonwealth Bank of Australia (the Bank) ABN 48 123 123 124 AFSL and ACL 234945. Ausiex and CAS are wholly owned but non-guaranteed subsidiaries of the Bank. Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 and a Participant of the ASX Group & Chi-X Australia. Both entities are incorporated in Australia with limited liability.

Lending products under the CAS brand are provided by CBA. Investment loans are administered by its wholly owned but non-guaranteed subsidiary Commonwealth Securities Limited (CommSec) ABN 60 067 254 399 AFSL 238814, a participant of the ASX Group and Chi-X Australia. Unless expressly disclosed in the disclosure documents, the Bank and its subsidiaries do not guarantee performance of products or the repayment of capital.

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