LM Savings Plan

Established in July 2011.

The LM Savings Plan is a cost-effective savings product. Designed to provide wealth accumulation through regular savings, the LM Savings Plan can help investors reach their savings goals, and allows investors flexibility and control over their approach to savings.

What makes the LM Savings Plan different?

Flexible investment terms, with no extended-term "lock in" required. Investors may select an investment period that suits their needs, from a minimum of one year.
Access to savings after the first year. Investors can access up to 20 per cent of their accumulated investment amount on each yearly anniversary, and can access their total investment capital at maturity.
Positive account valuation on day one. The entire investment amount is allocated and begins earning interest from day one. Fees are not deducted from the investment amount prior to allocation.
Defined earning rates are available through financial advisers and intermediaries or at www.LMaustralia.com.

View fund documents

Key Facts

Manager	LM Investment Management Ltd
Administrator	LM Investment Management Ltd
Allocation of Investment	100% investment allocation from day one
Investment Terms	1, 2, 3, 4 and 5 Years
Earning Rate	Current rates are available at www.LMaustralia.com
Fees	No entry or exit fees
Minimum Initial Investment	AUD1000 equivalent
Regular Ongoing Payments	> AUD1000 equivalent > Automated payments - monthly or quarterly > One off payments - any time throughout the investment
Automated Payments	Standing order arrangement for regular savings payments
Investment Currency	Save in all major currencies
Currency Risk	Managed against movements in the Australian dollar through the use of forward foreign exchange contracts
Access to Savings	> 20% investment encashment annually > 100% investment encashment at the end fo the term
Income	Reinvested and reflected in the daily unit value
Investment in	The LM Savings Plan forms part of the LM Australian Income Fund - Currency Protected ARSN 133 497 917 (The Fund), which holds only Australian assets.
Application	Application form available in The LM Australian Income Fund - Currency Protected Product Disclosure Statement (PDS)
Bank Accounts Held	HSBC and Suncorp Metway Ltd