The PRWIRE Press Releases http:// 2017-04-20T04:48:44Z Banking on a sustainable future for our regions 2017-04-20T04:48:44Z banking-on-a-sustainable-future-for-our-regions Through its partnership with Landcare NSW, Regional Australia Bank is continuing to lead the way in Corporate Social Responsibility, donating $1 for every member that switches to online statements. Over the last four years, Regional Australia Bank has donated over $18,000 to Landcare NSW, a contribution State Landcare Coordinator Sonia Williams says is vital to local Landcare groups. “Without Regional Australia Bank’s support, many local Landcare groups would not be able to undertake their environmental conservation, education and sustainable agricultural projects,” Ms Williams said. “Regional Australia Bank’s contribution not only helps us to assist groups showcase their projects and build connections with their community, it also helps us fund important training to show them how they can widen their net of potential funding to help deliver their projects.” This financial year alone, six local Landcare groups, across Regional Australia Banks service regions, were the recipients of this much-needed support - support that has ensured the success of their projects. They include Southern New England Landcare – Frog Dreaming project; Congewai Valley Landcare – Regent Honey Eater project; Wollombi Valley Landcare Field Day – Meeting of the Waters project; Landcare NSW - Crowd-Funding Training workshops; Manning Landcare - Farm Gate Tour and the Murrurundi Landcare Tidy Towns Committee – Page’s River Warrior project. Regional Australia Bank CEO Kevin Dupé said: “Regional Australia Bank is proud to have contributed to these worthwhile projects through our partnership with Landcare NSW.” “As a bank we are committed to setting ourselves significant sustainability goals that will help ensure the future of our communities. We also endeavor to inspire and empower our members to make ethical decisions of their own and it is heartening to see so many already doing so by making the switch to online statements.” Through partnerships like this, Regional Australia Bank is acutely aware of the role it can play by encouraging sustainability and it seems, others are now taking notice of this ingenuity too. “Recently, a member of our Executive Management Team, Darren Schaefer was awarded a scholarship to take part in the Prince of Wales Leadership in Sustainability Programme through the University of Cambridge,” said Mr Dupé. “This programme recognises influential senior leaders operating at a strategic level within sustainability and arms them with knowledge and techniques to address key sustainability challenges in a practical way.” The Bank also recently held its second Sector Sustainability Summit in Sydney with other like-minded institutions - discussing the establishment of sector benchmarks for sustainability reporting, reviewing best practice and exploring collaboration opportunities around the UN Sustainable Development Goals. Mr Dupé says this is all part of the bank’s ongoing focus to minimising its own impact on the environment and maximising social and environmental returns to its regional communities, in the same way its partnership with Landcare NSW has done. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Image caption: Lucinda Chapman (Landcare NSW) and Kevin Dupe (CEO, Regional Australia Bank) at the Armidale Creeklands Suite 4 Technology Park, Madgwick Dr, Armidale NSW 2350 Australia Phone: 02 6776 0000 MEDIA RELEASE: Moneytree Completes a JPY 1 Billion Funding Series B Funding Round 2017-03-21T21:30:00Z media-release-moneytree-completes-a-jpy-1-billion-funding-series-b-funding-round-2 MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp   Alternative asset growth supports Blue Sky’s 130 per cent profit surge 2017-02-09T22:50:08Z alternative-asset-growth-supports-blue-sky-s-130-per-cent-profit-surge Blue Sky Alternative Investments (ASX: BLA) today announced its results for the half year ending 31 December 2016, reporting a significant rise in revenue, profitability, cash flow, margins and fee-earning assets under management (AUM). Highlights include: underlying net profit after tax (NPAT) for 1H FY17 up 130 per cent to $10.1 million (1H FY16: $4.4 million); underlying EBITDA margins for 1H FY17 expanding to 41 per cent (1H FY16: 28 per cent) underlying income for the period up 53 per cent to $36.4 million (1H FY16: $23.8 million); and net operating cash flow for 1H FY17 up 200 per cent to $9.3 million (1H FY16: $3.1 million). The company maintained it was on track to deliver underlying NPAT of $24 to $26 million in FY17, representing approximately 50 per cent growth on FY16. Blue Sky’s fee-earning AUM at 31 December 2016 was $2.7 billion, with the company adding $1 billion in the last twelve months. The fund manager saw a significant rise in investments from Australian and overseas institutional investors, from 25 per cent to 37 per cent of its fee-earning AUM during the period – a trend that has continued in 2017 with Blue Sky announcing a new significant mandate in January. Fee-earning AUM is expected to be between $3.1 and $3.3 billion by 30 June 2017. The company confirmed it was on track to meet or exceed its longer-term target of $5 billion by 30 June 2019. The alternative asset manager outperformed market benchmarks in each of its asset classes – private equity and venture capital, private real estate, real assets and hedge funds – delivering investment performance of 16.4 per cent per annum net of fees since its inception more than ten years ago. Blue Sky reported a robust balance sheet with net tangible assets of $134 million including a net cash position of $52.1 million. The strength of Blue Sky’s balance sheet has become a key strategic asset for the business attracting and investing alongside institutional investors, seeding new ventures, and moving quickly to secure new investment opportunities. Blue Sky managing director Robert Shand said the company’s strong financial performance came down to three key drivers: the mainstreaming of alternatives, the company’s compelling ten-year track record and institutional backing. “We have returned 16.4 per cent per annum net of fees over ten years to investors, and have won the endorsement of major institutions,” Mr Shand said. “Long-term trends have seen investors increase their allocation to alternatives and we are benefiting from the same structural tailwinds as global alternative asset managers such as Blackstone and Partners Group.[1] “While we have done well to grow to $2.7 billion in fee-earning AUM in our first ten years, we have barely scratched the surface. Australia’s funds management industry has $2.8 trillion under management, and with alternatives forecast to be our largest asset class in the next decade, the opportunity in front of us is enormous.” [2] A McKinsey & Company report noted growth in alternative investments continued to outstrip that of traditional assets. “The alts boom is likely to be one of the richest asset management growth opportunities in the years to come,” the international report states.[3] Closer to home, Australia’s Future Fund allocates nearly 40 per cent of its portfolios to alternatives.[4] “We continue to […] seek out and access pockets of opportunity particularly in our private market and alternatives programs,” Future Fund managing director David Neal said.[5] ABS data shows that over the last decade, the value of listed equities has treaded water, increasing from $1.66 trillion to just $1.69 trillion. Over the same period, the value of unlisted equities has increased by almost 50 per cent, from $1.96 trillion to $2.95 trillion. The size of unlisted equities in Australia today is approximately 74 per cent more than listed equities. [6] “What investors have experienced in Australia over the last decade is that growth in private markets has far outstripped growth in public markets. As a business that has specialised in investing in private markets, we are uniquely positioned to capitalise on this growth,” Mr Shand concluded. ENDS Note to editor Blue Sky Alternative Investments Limited (Blue Sky) (ASX:BLA) is a leading diversified alternative investment asset manager. Blue Sky was listed on the Australian Securities Exchange in January 2012 and is the only listed fund manager in Australia focused on a diversified portfolio of alternative assets. Established in 2006, Blue Sky has generated strong returns uncorrelated with Australian listed equity markets. Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 80 and a broad investor base including institutional, wholesale and retail clients. Alternative assets include direct investment in private equity, real estate, infrastructure, hedge funds and other real assets. For real-time company announcements, investment opportunities and investment performance, download the Blue Sky Fingerprint app from the App Store or Google Play. www.blueskyfunds.com.au For more information please contact: Miette Lelievre | 0431 854 878 | mlelievre@agencynorth.com.au Celia Brightwell | 0423 949 727 | cbrightwell@agencynorth.com.au [1] From 2007 to 2016, Partners Group AUM has grown from EUR12.6 to EUR49.1 billion (1H 2016 interim report) and Blackstone from US$83.2 to US$277.1 billion (FY2009 report & FY2016 report) [2] Rainmaker Roundup Volume 20 Number 3 Sep Quarter 2016 [3] McKinsey & Company, Thriving in the New Abnormal - North American Asset Management, Nov 16 [4] Future Fund, Portfolio Update at 31 Dec 16 [5] Future Fund, Portfolio Update at 30 Jun 16 [6]Australian Bureau of Statistics, National Accounts; Finance and Wealth Sep 2016 Data Series Super Industry Continues to Transform and Refine Digital Engagement Levels 2016-12-01T22:30:00Z super-industry-continues-to-transform-and-refine-digital-engagement-levels Melbourne, 2 December 2016 – Specialist technology, operations and risk consultancy, IQ Group has released the findings of its third annual study of the Superannuation sector’s digital engagement with members and employers. The IQ Group Digital Engagement Study 2016 reveals the super industry has transitioned from a legislative compliance focus towards a more functional digital relationship with employers and members.   IQ Group researched the Top 50, retail, industry and public sector Superannuation Funds that represent $2 trillion in Funds under Management across over 21 million memberships.   The IQ Group Digital Engagement Study revealed the influence of SuperStream initiatives in driving industry efficiencies with the provision of a Roll Over Online functionality and a strong increase in social media engagement programs.   Engagement with Employers from a digital perspective did not progress any further, however a new emergency of digital advisory services was monitored by the Study for the first time.   IQ Group CEO, Brian Peters said: “Over the past three years the Study’s results have reflected the industry’s increasing focus to be ‘digital ready’ and now to speak fluently the ‘digital language’ of member engagement. Funds of all sizes have made commitments to digital engagement and in turn we have seen employers and members react positively.   The study clearly shows, the overwhelming future direction is digital and we have an interesting road ahead to deliver services, engage members and employers – and now keep pace with the wider fintech landscape, populated increasingly with smaller players,” he continued.   Within the 2016 statistics we see that the three greatest areas of change include mobile optimisation of websites, development of a member app and online fund join capabilities for employers and then members. Mobile optimisation remained the greatest growth area for digital engagement for superannuation funds for the second year in a row.   The IQ Group Digital Engagement Study has been expanded to include new trends such as direct ASX trading options, financial advice requests and online or robo-advice.   While many funds provide superannuation and retirement calculators (92 per cent) and the ability for members to request financial advice (52 per cent); funds are also now developing robo-advice that allows members to build their financial profile and seek financial advice through an interactive portal.   Currently 8 per cent of superannuation funds studied are actively using robo-advice and many others are looking to expand their advisory services by combining digital innovation with financial planner interactions to engage members. Of the Top 50 retail, industry and public sector Superannuation Funds 30 per cent currently offer a direct ASX trading option.  Key findings include:  18 percent increase in online join members, 74 percent – up from 56 per cent 10 percent increase in online join employers, 66 percent – up from 56 per cent no change in in employer online, 98 percent 26 percent increase in member app, 44 percent – up from 18 per cent 6 percent increase in switch online, 98 percent – up from 92 per cent Sound increases in social media usage with Twitter experiencing the largest gains and then LinkedIn as the most favoured digital engagement platforms for fund members Nil availability of employer app Peters said: “Understanding member interactions and creating digital opportunities through the customer journey will be key moving forward. This will also apply to how funds elect to digitally engage with employers.   For the third year running, our study has seen no development of an application specifically for employers by the Top 50 funds. With the implementation of SuperStream contribution functionality the development has clearly been focused on delivering the legislated requirements through employer online websites and third party applications.   However, the future enhancements for legislative reforms including the Employer Single Payments Platform functionality, requires funds to consider employer relationships and the development of the customer experience through employer interactions that are simple, quick and cost effective, particularly for small employers.    An app designed for small employers that makes use of key usability features such as smart navigation may be instrumental in supporting employer relationships in the future,” he concluded.   For a copy of the report please contact Cathryn van der Walt on 0402 327 633.  /Ends  About IQ Group - www.iqgroup.com.au IQ Group has helped Superannuation and Wealth Management clients through unprecedented change for more than 10 years in Australia.  From our offices in Melbourne, Sydney and Brisbane, over 80 specialist consultants are helping clients improve their operations and use of technology.  Our clients benefit from IQ Group’s domain experience and commitment to project delivery.  IQ Group is part of a global company with other offices in South Africa and USA.   Follow IQ Group: Our updates on Twitter at twitter.com/ @IQGroup_AUS Our insights on our Blog - http://www.iqgroup.com.au/intelligence/blog/  Media Enquiries:Cathryn van der Walt                     12 Worlds           0402 327 633                     cathryn@12worlds.com         All systems go at South Hill Armidale play space 2016-11-20T23:52:40Z all-systems-go-at-south-hill-armidale-play-space Regional Australia Bank, a proud supporter of the South Hill Armidale Play Space, is pleased to report that works have started on the highly anticipated project with completion now set for December 2016. The project, which is the brain-child of the Armidale District Netball Association, started six years ago, however it wasn’t until the project was posted on Regional Australia Bank’s ‘Heart of our Community’ website that it gained genuine traction. “We started this journey back in 2010, when we identified as part of our strategic plan, a need for a safe and secure play space for children, close to the netball courts,” said Rochelle Joyce, Armidale District Netball Association. “By 2013 a change in priorities saw us focus on the play space a little more and that’s when we decided to launch our plans and post it on the ‘Heart of our Community' website and then just like that, the project took off and we raised $125,000 in just under 12 months.” The idea behind the project was to make it easy for women to get back into or engage in sport and physical activity after having children so Rochelle says it’s great to see this vision finally taking shape. The Play Space will feature state of the art equipment including a 3.5 metre climbing cube, a fort, a birds nest swing, two spinners and an embankment slide. It will also offer children a sensory experience with textured plants, a nature area and a fully fenced pathway linking the netball courts to the play space. Kevin Dupé, CEO, Regional Australia Bank said: “The construction of the South Hill Armidale Play Space is wonderful news that will no doubt be welcomed by the entire community and we are pleased to see progress being made as a result of our contribution.” Mr Dupé added “It’s particularly rewarding for us as a Bank because one of the best things about our ‘Heart of our Community’ initiative is that there is no eligibility criteria for applying. You simply post your project, idea, or event and garner community support for it. The more votes, the higher the project ranks in that community, it’s as simple as that.” Regional Australia Bank is proud to have helped many wonderful community ideas come to life thanks to its ‘Heart of our Community’ initiative. Community members who are interested in the park’s progress should contact Armidale Regional Council or the Armidale District Netball Association. - Ends - Media enquiries: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank backs Warialda Play Park upgrade 2016-10-31T03:42:27Z regional-australia-bank-backs-warialda-play-park-upgrade Warialda locals are being encouraged to put their support behind the Warialda Play Park upgrade as part the Regional Australia Bank ‘Heart of our Community’ initiative. The initiative which was established in 2012 has already seen many wonderful ideas come to life thanks to community members posting an idea or project to the Banks Heart of our Community website and garnering support by fellow community members. Debbie Ford is the driving force behind the Play Park upgrade and says she is really excited about the prospect of funding from the Bank. “We’ve been working towards an upgrade to the park for a few years now. Some of the equipment was so old, it no longer met Australian standards so when the opportunity to post the idea on The Heart of our Community website came up, we jumped on it ,” said Debbie. Regional Australia Bank is likewise enthusiastic about this project and has committed up to $8,000 for the upgrade if the project receives enough votes of community support. “For every vote, Regional Australia Bank will contribute $40 toward the project and elevate the status of the project toward the top ranked ideas for that community,” says Matthew Hayes, Area Manager, Regional Australia Bank. “We will assess the votes at the end of December and hopefully the project will have received the 200 votes it needs to receive the full $8,000 from the Bank.” Plans for the upgrade include the addition of a swing with a seat belt for younger kids, appropriate equipment for kids over 10, a fence around the entire play area and additional seating in the area. Soft fall ground cover is also on the wish list. “Basically I want to make the play area as beautiful as the rest of the park, so that it becomes a place where children and their parents can spend time together outdoors but also a place where visitors want to stop off when they are passing through,” said Debbie. Community members can vote for this project by registering on Regional Australia Banks ‘Heart of our Community’ website www.heartofourcommunity.com.au. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank takes on the Challenge 2016-10-31T01:03:30Z regional-australia-bank-takes-on-the-challenge In the latest of a series of community partnership deals, Regional Australia Bank is throwing its support behind the Inverell Toughen Up Challenge with a three-year naming rights sponsorship. Alex Ribeiro, Inverell Branch Manager, Regional Australia Bank said: “partnering with the Inverell Toughen Up Challenge was a perfect fit for the Bank. It is an excellent event that puts value back into the community. It also draws a lot of people to the area from the surrounding region, which is great for the local Inverell economy and ultimately supports the Bank’s commitment to regional prosperity.” The Challenge which involves teams of four people completing a 9km square course throughout the Inverell CBD, sees people of ages from eight to eighty take part and has grown exponentially over the last five years. “When we first started out, we never envisaged the event would become so popular,” said Lynn Lennon, Inverell Toughen Up Committee Member. “Naturally, we sought out a like-minded organisation to partner with to support this growth and it made sense to approach Regional Australia Bank. We operate under the same ethos, with proceeds of the event going back into ‘bricks and mortar’ within the community in the same way the Bank puts 5% of its profits back into the community." On top of that Lynn says the Bank has been a great supporter of the event over the years and is already so involved in the community “they are just awesome” she added. The Challenge has both competitive and non-competitive divisions and has been designed with inclusion in mind so that people of all fitness and skill levels can participate. Lynn says it doesn’t matter if you’re not good at sports because there’s puzzles, swimming, tyre flipping – the works. It can be done by anyone. That’s the other thing that got the Banks attention explains Alex. “It is family orientated so both kids and adults alike can take part, in fact, my kids have done it twice now and it’s tons of fun.” The 2017 Regional Australia Bank Inverell Toughen Up Challenge takes place on Friday 10th March 2017 for the Juniors, with the main event on Saturday 11th March 2017 for the Adults. Registrations are now open and can be found at http://inverelltoughenup.net/ - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank continues revolutionary Community Partnership Program giving back over $4,000 to Bingara community 2016-10-04T00:08:22Z regional-australia-bank-continues-revolutionary-community-partnership-program-giving-back-over-4-000-to-bingara-community Monday, 4 October 2016 Regional Australia Bank continues revolutionary Community Partnership Program, giving back over $4,000 to Bingara community On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Bingara community by giving back $4,143.39 through its Community Partnership Program. After recently changing its name from New England Mutual to Regional Australia Bank, the transition was celebrated along with the donations. “The Community Partnership Program awards event presented a great opportunity to also celebrate the launch of our new brand, as the program reinforces just some of the ways we assist our customers and their communities.” said Kevin Dupé, CEO, Regional Australia Bank. “The Program continues to grow at over 30% each year as more and more people get on board.” The last 5 years has seen the Bank contribute over $1.5 million dollars to deserving community groups and it’s not stopping there. At Bingara Sporting Club, Regional Australia Bank awarded $4,143.39 to the Bingara community. Friends of Touriandi; Bingara Pony Club; Gwydir Rugby Club; and United Hospital Auxiliaries - Bingara, were just a few of the 19 groups to receive a donation. Alex Ribeiro, Branch Manager at Regional Australia Bank said: “we are passionate about giving back to our community and we are equally committed to empowering our customers to support local community groups they feel strongly about. That’s why we established the Community Partnership Program eight years ago.” The program that started out as one single account, has now been made available to all customers so that everyone can take part in what the Bank believes is a ‘revolution in community banking’. The Community Partnership Program works by customers opening a transaction account and selecting which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporter’s accounts and donates 1% of the total to the cause on the customers’ behalf, all without costing them a cent. “Because this program is an extension of our Community Support Program it comes at no cost to our customers and it authenticates our promise to operate in the best interests of our customers and communities,” explained Kevin “This customer owned structure means our customers not only benefit from fairer fees, competitive interest rates and the expertise from local specialists, they know they’re benefiting Regional Australia by helping it to prosper and thrive” he said. In addition to the Community Partnership Program, Regional Australia Bank also gives 5% of its net profits back to our community in sponsorships to local clubs, community organisations as well as contributing to regional infrastructure projects. “We’re immensely proud of our contribution to our community,” said Alex. “After all, it’s the opportunity to make a difference, to build communities and to create better places to live that drives so many of us – so it’s fitting that our customers, who are also members of our communities, lead the way in initiatives like this one” he added. Regional Australia Bank is pleased to be able to continue the Community Support Program so that it can also continue to deliver social and environmental returns to regional communities at every opportunity. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: Similar events have already been held in the following surrounding towns: Friday, 16 September in Moree with $24,747.35 donated to 50 local community groups Friday, 16 September in Mungindi with $2,061.99 donated to 11 local community groups Other similar events are also planned for the following surrounding towns: Tuesday, 11 October in Warialda with $3,231.12 to be donated to 18 local community groups It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. Regional Australia Bank continues revolutionary Community Partnership Program 2016-10-04T00:05:34Z regional-australia-bank-continues-revolutionary-community-partnership-program On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Inverell, Bundarra and Ashford communities by giving back $48,322.76 through its Community Partnership Program. After recently changing its name from New England Mutual to Regional Australia Bank, the transition was celebrated along with the donations. “The Community Partnership Program awards event presented a great opportunity to also celebrate the launch of our new brand, as the program reinforces just some of the ways we assist our customers and their communities.” said Kevin Dupé, CEO, Regional Australia Bank. “The Program continues to grow at over 30% each year as more and more people get on board.” The last 5 years has seen the Bank contribute over $1.5 million dollars to deserving community groups and it’s not stopping there. At The Inverell Club Regional Australia Bank awarded $48,322.76 to the Inverell, Bundarra and Ashford communities. Inverell Breast Cancer Support Group; Ashford Ageing Care Facility; Bundarra CWA; Inverell Prostate Cancer Support Group; Inverell East Bowling Club; and Bright Access, were just a few of the 83 groups to receive a donation. Alex Ribeiro, Branch Manager at Regional Australia Bank said: “we are passionate about giving back to our community and we are equally committed to empowering our customers to support local community groups they feel strongly about. That’s why we established the Community Partnership Program eight years ago.” The program that started out as one single account, has now been made available to all customers so that everyone can take part in what the Bank believes is a ‘revolution in community banking’. The Community Partnership Program works by customers opening a transaction account and selecting which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporter’s accounts and donates 1% of the total to the cause on the customers’ behalf, all without costing them a cent. “Because this program is an extension of our Community Support Program it comes at no cost to our customers and it authenticates our promise to operate in the best interests of our customers and communities,” explained Kevin “This customer owned structure means our customers not only benefit from fairer fees, competitive interest rates and the expertise from local specialists, they know they’re benefiting Regional Australia by helping it to prosper and thrive,” he said. In addition to the Community Partnership Program, Regional Australia Bank also gives 5% of its net profits back to our community in sponsorships to local clubs, community organisations as well as contributing to regional infrastructure projects. “We’re immensely proud of our contribution to our community,” said Alex. “After all, it’s the opportunity to make a difference, to build communities and to create better places to live that drives so many of us – so it’s fitting that our customers, who are also members of our communities, lead the way in initiatives like this one” he added. Regional Australia Bank is pleased to be able to continue the Community Support Program so that it can also continue to deliver social and environmental returns to regional communities at every opportunity. - Ends - Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559 Editor’s Note: Similar events have already been held in the following surrounding towns: Thursday, 1 September in Guyra with $15,340.86 donated to 26 local community groups Wednesday, 7 September in Walcha with $8,263.76 donated to 22 local community groups Wednesday, 7 September in Tenterfield with $19,517.80 donated to 13 local community groups Thursday, 8 September in Armidale with $76,662.77 donated to 96 local community groups Thursday, 15 September in Uralla with $12,703.75 donated to 13 local community groups Wednesday, 21 September in Glen Innes with $33,919.40 donated to 30 local community groups It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank. IQ Group Strengthens Consulting and Managed Services Capabilities with New Role Creation and New Hires 2016-09-04T22:30:00Z iq-group-strengthens-consulting-and-managed-services-capabilities-with-new-role-creation-and-new-hires Melbourne,  5 September  2016 – IQ Group, one of Australia’s most experienced consultancies in the superannuation and wealth management sector has completed a round of new hires and promotions to strengthen its Consultancy and Managed Services operations. To support the ongoing growth and strengthening of existing and new customer relationships a new role of Managing Principal has been created.  Filled by new hires, Regina Ugarte and Stuart Conboy, the role will match service opportunities creation to IQ Group IP for business technology strategy and solutions for existing and new clients.   For CEO Brian Peters, the recent additions to the team will support the strong demand for IQ Group’s specialist skills. “Our most recent financial year has resulted in strong results for IQ Group and this is both a reflection on the calibre of our people and the depth of our understanding for the wider financial services industry. The latest additions to our team will add to a broader capability of supporting banking, finance, super and wealth management organisations, plus assessing how the IQ Group IP can work in a traditional enterprise environment.” With over 16 years of experience in solution sales, consulting and customer service for recognised brands including Citi, Bloomberg, HSBC, Thompson Reuters and SunGard, Regina Ugarte will educate internal and external stakeholders on the benefits of the IQ Group catalogue of services and IP. Regina will be based in the Sydney office and will have national account responsibility. With over 30 years experience in IT consulting, Stuart Conboy will combine his history of consulting with IQ Group specialist superannuation industry expertise to support the challenges of regulatory, compliance and transformational change programs for superannuation offerings facing Australia’s banks. This role will see him lead a team renowned for being able to interpret superannuation-focused regulatory change and develop road maps for change with existing and new clients. According to Brian Peters, CEO of IQ Group Stuart and Regina are a fantastic addition to the team. “As we extend our services and specialist insights into the complex superannuation sector we need people who can analyse the ongoing transformational process and the new workloads required to effect change. Our team clearly understands how to integrate our specialist consultant skills into the process and this is already in demand.” Both Regina and Stuart are ideal candidates to work with IQ Group team to champion the changes that need to take place in the industry, and identify the larger and sometimes unknown challenges required to produce a successful transformation,” he said./Ends Note to Editors: Photo available on request. About IQ Group IQ Group has helped superannuation and wealth management clients to achieve better business outcomes, delivering independent advice on technologies, processes and regulatory change as well as first-rate project delivery for more than 15 years in Australia. In a time of unprecedented industry and market change for the superannuation and wealth management industries, IQ group understands the technological and regulatory forces impacting organisations. At IQ Group over 80 specialist consultants are helping clients prepare for tomorrow, today. “Intelligence. Applied.” Our motto sets the benchmark against which we measure our performance. Some think, some do - we do both. IQ Group is part of a global company with offices in South Africa and the USA. Follow IQ Group: Our updates on Twitter at twitter.com/ @IQGroup_AUS Our insights on our weekly Blog - http://www.iqgroup.com.au/intelligence/blog/ Media Enquiries: Cathryn van der Walt        12 Worlds    0402 327 633        cathryn@12worlds.com   Blue Sky announces new MD as founder Mark Sowerby steps down 2016-08-18T23:56:53Z blue-sky-announces-new-md-as-founder-mark-sowerby-steps-down Blue Sky announces new MD as founder Mark Sowerby steps down Ten years after starting Blue Sky Alternative Investments, founder Mark Sowerby will hand over the reins to the company’s current chief operating officer, Robert Shand, on 30 September 2016. Mr Shand has been with Blue Sky since 2010, was promoted to COO in 2013, and is well known to Blue Sky’s investor and associate network. He will replace Mr Sowerby as managing director, backed by the existing team. Mr Sowerby, who will remain an active advisor to the business and a significant shareholder, is stepping down to spend time with his family and increase his involvement in other projects with a positive social impact. Mr Sowerby founded Blue Sky a decade ago as a private equity business providing expansion capital to growing small businesses. The company has grown to become Australia's only listed fund manager solely focussed on diversified alternative assets, including private equity and venture capital, real assets (primarily water and agriculture), private real estate and hedge funds. Blue Sky listed on the ASX in 2012 and has grown its market capitalisation to nearly $600 million. Today Blue Sky has more than $2 billion in assets under management and has generated an internal rate of return (IRR) across its funds of 16.7 per cent per annum net of fees to the end of June 2016. Blue Sky chair John Kain said Mr Sowerby had achieved a remarkable feat building Blue Sky from the ground up. “Mark’s entrepreneurial vision and drive have shaped the business. To his great credit, Mark has built an extraordinary team with multiple layers of talent and experience, a team which can renew itself and continue to repay our investors’ trust through the decades ahead,” Mr Kain said. “Rob’s three years as COO give him an unparalleled understanding of what makes our business tick. His leadership, vision and clarity of decision-making qualify him to drive Blue Sky and build on the foundations of our first 10 years.” Mr Sowerby said Blue Sky had experienced incredible growth since inception. “We have created a business which is more than just sustainable – it is fast growing, scalable and defensive – a unique combination reflected in our 10 year track record and position as one of Australia's best performing listed companies over the past four and a half years,” Mr Sowerby said. “My decision reflects the ongoing growth and performance we see in the business and team, the foundations of a strong balance sheet and investments, and the incredible structural tailwinds in the sector. The last few years we have grown at 50 per cent per annum, and we see no reason for that to slow down. “The Blue Sky team has now unquestionably earned the right to take over the business. They are hard working, intelligent, empathetic and ethical. They understand why we are different, and the rules that made us who we are. They have lived it, experienced it, and now they own it.” ENDS Note to editor Blue Sky Alternative Investments Limited (Blue Sky) (ASX:BLA) is a leading diversified alternative investment asset manager. Blue Sky was listed on the Australian Securities Exchange in January 2012 and is the only listed fund manager in Australia focused on a diversified portfolio of alternative assets. Established in 2006, Blue Sky has generated strong returns uncorrelated with Australian listed equity markets. Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 80 and a broad investor base including institutional, wholesale and retail clients. Alternative assets include direct investment in private equity, real estate, infrastructure, hedge funds and other real assets. For real-time company announcements, investment opportunities and investment performance, download the Blue Sky Fingerprint app from the App Store or Google Play. www.blueskyfunds.com.au For more information please contact: Miette Lelievre | 0431 854 878 | mlelievre@agencynorth.com.au Blue Sky reports 57 per cent profit growth and $2.1 billion in Assets Under Management 2016-08-18T23:56:31Z blue-sky-reports-57-per-cent-profit-growth-and-2-1-billion-in-assets-under-management Blue Sky Alternative Investments Limited (ASX: BLA) today announced its results for the year ending 30 June 2016, reporting an underlying Net Profit After Tax (NPAT) of $16.3 million (up 57 per cent from $10.4 million in FY15) and a 44 per cent increase in revenue to $63.0 million (up from $43.6 million). The company will pay a fully franked dividend of 16 cents per share to shareholders (record date: 2 September 2016; payment date: 16 September 2016). Fee earning Assets Under Management (AUM) at 30 June 2016 grew to $2.1 billion, up from $1.35 billion at 30 June 2015. As expected, a number of investments in private equity and private real estate were successfully exited throughout the year. Since inception in July 2006, Blue Sky has generated an internal rate of return (IRR) across its funds of 16.7 per cent per annum net of fees to the end of June 2016. Managing director Mark Sowerby said the combination of a ten-year investment track record across the four major alternative asset classes, increased investor engagement across retail, wholesale and institutional clients, and continued strong deal flow would lead to further growth in fee earning AUM in FY17 and beyond. “Reaching $2 billion in AUM this year was an important milestone for us as a business.The fact that most of this is invested in illiquid funds differentiates us from other local fund managers and provides an incredibly solid foundation for our future growth,” Mr Sowerby said. “The Australian funds management industry has $2.6 trillion in funds under management today and this is anticipated to grow to $4.1 trillion over the next five years. By 2021, alternative assets are expected to be the largest investment class in Australia.” Blue Sky is Australia’s only listed fund manager focused on a range of diversified alternative investments, including private equity and venture capital, real assets (primarily water and agriculture), private real estate and hedge funds. ENDS Note to editor Blue Sky Alternative Investments Limited (Blue Sky) (ASX:BLA) was listed on the Australian Securities Exchange in January 2012 and is the only listed fund manager in Australia focused on a diversified portfolio of alternative assets. Alternative assets include direct investment in private equity, private real estate, hedge funds, infrastructure and other real assets. Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 80 and a broad investor base including institutional, wholesale and retail clients. For real-time company announcements, investment opportunities and investment performance, download the Blue Sky Fingerprint app from the App Store or Google Play. For more information please contact Miette Lelievre | 0431 854 878 | mlelievre@agencynorth.com.au A MODERN WORLD OF TOO MUCH CHOICE FOR 90% OF AUSSIES 2016-07-17T20:00:07Z a-modern-world-of-too-much-choice-for-90-of-aussies A new study has found almost 90 per cent of Aussies say they find making decisions increasingly difficult, due to more choice and less time, often resulting in ‘buyer’s remorse’. The ‘Decision Drivers Report by Choosi’ is the first in its series and aims to uncover generational shifts, barriers and drivers of our behavior in the modern world. The research uncovered Australians are more likely to seek advice from sources online than in person. In fact, the data shows we spend on average 50 minutes online seeking advice compared to 41 minutes receiving advice face to face. Further data shows we may be turning to online sources as a result of our increasingly busy lifestyles with more than half of Australians (51%) saying they have less time to make decisions nowadays. Senior Sales Manager and Choosi spokesperson Katrina Foster said, “Our research revealed an incredible amount about what is influencing not only how we spend our money, but who we trust to help us make the right choices,” she said. Advice from mum and dad fares the worst with the research showing they usually rank last as a decision making resource, while peers are usually chosen over family members as a source of information to make decisions (33% vs. 24%). “What is also interesting is how we rate ourselves as decision makers. While Baby Boomers strongly see themselves as the best decision makers compared to other age groups (86.1%), other generations do not agree. In fact they see Gen X as the best decision makers when it comes to purchasing both big and small ticket items,” said Mrs Foster. Despite the plethora of information available today, the research indicates the amount of choice we have access to may be making it harder to make decisions when it comes to purchasing in particular. “It is promising to see that less than 1 in 10 Australians feel out of control with regards to their finances with more than half (51.5%) putting a budget in place to purchase large ticket items. Whilst 54% of people would either put a budget in place (29.2%) or walk away (24.8%) from making a small purchase if they didn’t have the savings available,” said Mrs Foster. However, the data revealed that 50% of Australians are less rational with their spending and more frivolous when they are on holidays, whereas almost a third (32%) make more impulsive purchasing decisions whilst food shopping when they are hungry. Furthermore, the data revealed Australians are also less cautious with their spending when spoiling their children (24%) and shopping online (21%). Whilst it is clear emotions have a strong impact on our decision making, almost half of Australians (41%) admit that buying with our hearts instead of our heads is a key factor contributing to buyer’s remorse. One in three Australians (29%) say they have made a large purchasing decision that they have come to regret. Whilst another two in three Australians (70%) have bought things that they have never used. Michael Volkov, Consumer Behaviour Researcher from Deakin University said, “While history may tell us that family are our biggest influencers, as we’re spending less time at the dinner table and more time on our devices, we are increasingly placing our trust outside the family home.” “With access to so many websites, blogs, forums and social groups we are often faced with conflicting or too much information, which in turn causes analysis paralysis or worse, buyer’s remorse,” said Mr Volkov. It’s not only the big purchases we struggle with. For example, Choosi’s latest research shows buying a new tech gadget (36%) and even deciding on what to eat for dinner (28%) are more challenging than deciding where to live (22%). Choosing the right insurance however, tends to be the biggest struggle for most Australians according to the survey. Whilst we opt for online support to make our decisions most frequently, peer support is still highly valued with about three in five respondents (62.6%) claiming to have been influenced by someone, at least to some extent, when making a recent and important decision. “Online advice is so accessible and connects us to endless amounts of information in an instant, but it’s clear we risk making the wrong choice without the help from a source that we really trust,” said Mrs Foster. Supporting data is available at choosi.com.au https://www.choosi.com.au/blog/aussies-spoilt-for-choice-in-information-overload Media Enquiries Lucinda Bell Account Executive Hill + Knowlton Strategies p: 02 9286 1215 m: 0439 020 024 e: lucinda.bell@hkstrategies.com About Choosi Choosi provides information to help customers compare, choose and apply for a range of insurance products online and over the phone Choosi’s free comparison service lets you compare the benefits and prices of a range of popular insurers, so you can confidently choose cover that suits your needs, your budget and lifestyle. About the ‘Decision Drivers Report by Choosi’ In order to explore the role of decision making in modern Australian society, CoreData surveyed 1,000 typical Australians across the nation in mid-May 2016. The sample collection employed soft quotas to monitor representativeness of the Australian population. Hard quotas by state were also engaged to ensure all the main states were represented with sufficiently robust samples (NSW = 200, VIC = 200, QLD = 200, WA = 200, Remaining states/territories = 200). Are super-funded agri-businesses good for rural Australia? 2016-07-14T02:04:06Z are-super-funded-agri-businesses-good-for-rural-australia The Rural Focus 2016 symposium is to improve the link between commercial enterprise and the platform of education and research provided by UNE. The symposium, organised by the Robb College Foundation, comprises three themes; 1.     1.  Agri-business models 2.      2.  Employment and Careers 3.       3. Technology and efficiency Duncan Fraser, Chairman of the national Sheep Industry Co-operative Research Centre and a Director of industry rural and regional super fund Prime Super heads up the industry presenters and will address some of the larger distance-based owner-models that are spreading through rural Australia; ‘I am concerned that some of the regulatory controls imposed on Australian Super funds restrict their ability to invest more widely in longer term agricultural projects’, said Duncan. This adds support to the views of Nationals MP Barnaby Joyce who has been campaigning strongly for a greater share of the superfund pie to go into rural infrastructure. Large corporate models are not new in Australian agriculture and there have been many notable successes and failures. Duncan points out that finding new funding or business models is one of the seven strategic challenges recent industry reports have identified facing agriculture in Australasia. ‘Making a suitable rate of return for lenders and shareholders while managing the widely fluctuating weather, water, pest and market-prices facing agriculture in Australia is beyond the normal algorithms of the current investment market’. Some larger corporates do it well and Harvey Gaynor, CEO of Auscott, a large American owned, vertically integrated company supplying cotton and grain. has been operating successfully in Australia for over 55 years will also speak at the conference. Harvey will share some of the reasons why his company, which grew from family based values, has been so successful. He will identify the methods they have used to help reduce risk and will also cite some of the current issues he sees currently challenging the industry. Another strategic issue identified in industry reports for agriculture is how to retain a quality work-force. Andrew McConville, Head of Corporate Affairs for Syngenta, will share Syngenta’s best-practice methods for recruiting training and retaining a quality agricultural workforce. Primary producers, agricultural policy makers, rural investment brokers and agriculture students are all expected to attend what should be a highly informative symposium. To register for the symposium go to www.une.edu.au/ruralfocus. The symposium precedes the Farming Futures Expo held on campus on 29 July. Media contact: Geoff Perry, Chairman Robb College Foundation UNE Armidale. 0417 226 698 or ruralfocus@armidale.edu.au                                                               Plato Global Share Income Fund targets high income 2016-06-06T01:04:49Z plato-global-share-income-fund-targets-high-income ~~6 June 2016: The Plato Global Shares Income Fund (Fund) has distributed 4 per cent net income to investors in its first 6 months* and outperformed the benchmark by +1 per cent* net active performance since inception. Launched on 30th November 2015, the Fund is believed to be the first global share income fund in Australia that’s designed specifically for retirement income and is well positioned to meet its annual target of 6 per cent net income Managed by Plato Investment Management Limited, a retirement income equities specialist, the Fund is one of four high income equity funds managed specifically for the income needs of retirees in pension phase superannuation. Plato Managing Director, Dr Don Hamson said “We are delighted that we have to date proved our belief that global equities can deliver solid income without compromising returns. “Australian retirees and their advisers can be nervous about investing outside of domestic stocks, but this shouldn’t be the case. Global equities can provide excellent diversification out of Australia’s bank-heavy dividend market, and we believe the Plato Global Shares Income Fund will show that it is possible for global equities to provide strong income as well.  “With Australian interest rates low and the Australian equity market heavily dependent on a handful of stocks for its dividend income, global equities are a great way to balance out the home risk,” he added. To capitalise on the global opportunities, Plato has created two Funds - the Plato Global Shares Income Fund – an unhedged global developed equity income fund - and the Plato Global Shares Income Fund ( Managed Risk) which uses the Milliman Managed Risk Strategy™ to aim to stabilise portfolio volatility, capture growth in up markets, and defend against losses during major downturns.  These funds complement the existing Plato domestic equity income funds - the Plato Australian Shares Income Fund and the Plato Australian Shares Income Fund (Managed Risk). For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au *All data is as at 31 May 2016.  Benchmark is the MSCI World (ex Australia, Net Returns Unhedged). Returns are quoted for the Fund’s F Class units and are net of fees. Past performance is not a reliable indicator of future performance and investment returns of less than one year should not be relied upon as any guide to future performance. Actual returns may vary from any target returns described in this document. -ENDS- Media Enquiries: Louise Nealon, CallidusPR T: (02) 9283 4114/ 0403 569 177 E: louise@calliduspr.com About Plato Investment Management Limited Plato Investment Management Limited is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors.  Plato has a particular focus on managing money for retirees who have distinctive tax and income requirements.  Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au Interests in the Plato Global Shares Income Fund (ARSN 608 130 838), Plato Global Shares Income Fund (Managed Risk) (ARSN 610 438 269), Plato Australian Shares Income Fund (Managed Risk) (ARSN 126 577 820) and Plato Australian Shares Income Fund (ARSN 152 590 157) (‘Plato Funds’) are issued by Pinnacle Fund Services Limited, ABN 29 082 494 362 AFSL 238371, the Responsible Entity of the Plato Funds. The Responsible Entity is not licensed to provide financial product advice. A copy of the most recent Product Disclosure Statement (‘PDS’) for the Plato Funds can be located at www.plato.com.au/retail-funds.  You should consider the relevant PDS and consult your financial adviser before making an investment decision. Plato Investment Management Limited (ABN 77 120 730 136, Corporate Authorised Representative No. 304964) (‘Plato’) is the investment manager of the Fund. Pinnacle Fund Services Limited and Plato believe the information contained in this communication is reliable, however its accuracy, reliability or completeness is not guaranteed. Any opinions or forecasts reflect the judgment and assumptions of Plato and its representatives on the basis of information at the date of publication and may later change without notice. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice relevant to their particular circumstances, needs and investment objectives.