Administration, Compliance, Tax and Audit

As at the end of August much of the trust and managed fund data will have populated Your Portfolio Online and we will be able to begin running audits for your SMSF. If your bank data or any other data is still outstanding please contact our office for a list of what is required to finalise the 2008 data collection or alternatively please refer to the list below.

As we require at this point both administration data and audit data, the following items should be read by all clients.

Administration data

1. Please provide all outstanding bank transactional data up to and including 30/06/08 if you do not have a cash account auto feed. Instructions on how to do this have been forwarded by Your Portfolio Online, alternatively contact our office.
2. If you hold managed funds in your account or other structured investments, and we do not get automatically updated from the relevant issuer directly in regards to the year end tax distribution data, please scan these and forward to our administration team for processing. Even though much of these are automatically feed into our systems via the Morning Star feed, we like to confirm each security to ensure accuracy of the tax data.
3. If your account has Service Assets, please ensure you have provided a summary of all Income and expenses via a spreadsheet or by ways of issuer statement.

Audit File

4. If you haven’t already done so, please forward a summary of any activity you undertook within your fund for the 2007/08 year regarding pension establishments, so the relevant minutes and documentation can be drawn up for you. If you have already completed these minutes, please forward them to our office.
5. If you purchased any new Unlisted Assets, please forward the original Title Certificate to our office to be copied, certified and included in your audit file.
6. Please forward a copy of all rollover information to our office for super fund contributions.
7. Please forward the original expense documents to our office for all fund expenses so they can be copied, certified and included in your audit file
8. Any further documentation requests if required will be done directly from your SMSF auditor.

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With Volatility Comes Opportunity

Your Super admin is constantly presented with products and services to show our clients. We review these on their merits, and many make it as far our special filing system….the bin! However from time to time a product does present a good opportunity, stands on its own merits and will provide a benefit to our clients portfolio diversification and return profile.

The recent fall out in the world stock markets serves as a powerful reminder of the need for effective diversification.

In contrast, the forces driving the global soft commodities boom such as increasing world population and middle class, bio-fuel production, and capacity constraints from limited arable land are all contributing to making the agricultural boom a reality.

The Great Southern Rural Opportunities Fund is a managed fund that invests across a diversified portfolio of agricultural assets - assets that have low correlation to traditional asset classes. Backed by Australia’s largest agribusiness investment manager, the Fund has the capacity and flexibility to take advantage of opportunities in agriculture as they arise.

With proven performance in the last 5 years even in today’s volatile market, the Rural Opportunities Fund can benefit your clients’ portfolios through effective diversification into this alternative asset.

<Insert ROF performance table>

If you’d like to know more, call our office on +613 8300 0366 or email admin@yoursuperadmin.com.au

IMPORTANT: The information contained in this document is by way of general summary only and has been prepared without taking into account any person’s individual objectives, financial situation or needs. Before making any decision to acquire units in the Great Southern Rural Opportunities Fund ARSN 099 573 627, (the “Fund”) a person should consider the appropriateness of the information to their individual objectives, financial situation and needs and if necessary seek advice from a suitably qualified professional. Great Southern Funds Management Limited AFSL 226 701 is the issuer of the Fund and has issued a Product Disclosure Statement (“PDS”) which details the terms of the Fund. Anyone wishing to invest should consider the contents of the PDS and complete the attached application. For a copy of a current PDS please contact Great Southern Securities Pty Limited at 16 Parliament Place, West Perth WA 6005, telephone (08) 9320 9700 or 1800 258 348. The information is provided in good faith and believed by Great Southern Securities Pty Limited AFSL 240 788 to be accurate at the date of issue. However, no representation or warranty is made as to the accuracy, reliability or completeness of this information. Except to the extent that statutory liability cannot be excluded, Great Southern Securities Pty Limited and its related entities, directors, employees, and agents accept no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, information or matters (expressed or implied) arising out of, contained in or derived from, or for any omissions from, the information contained herein.

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Your Super Admin Annual Fees

Your Super Admin has worked hard over the last several years to keep our service fees simple, competitive and a value proposition for our clients. However we have been notified that the underlying software provider of the online investment management software we provide as part the service offering for you to use to view your fund data in real time has had a price increase. This is the first price increase since 2002, and over the last few years we have neglected to pass on price rises in line with the market for our total service offering, in fact by means of simplifying our offering we have actually delivered price cuts. Unfortunately this increase is out of our control and we cannot absorb this cost.

Our annual fee will increase from $1650pa to $1705 for all clients due to be billed for the 08/09 year. For those clients who have a segregated account for the SMSF or a non-SMSF portfolio on our service your fee will also increase. We will still be offering a discounted segregated account and non-SMSF portfolio offering to our clients, normally $847pa, and our clients can gain this portfolio administration fee at a discount preferred client fee of $715pa.

As a way to minimise the impact of this price rise, we are offering all clients who wish to pay their accounts early or take up a non-SMSF portfolio service, the opportunity to do so and get another full years service at our old service offering price. This offer is available up until 31st October 2008, and we must have your notice of election, payment and/or new accounts documents by this date.

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Your Portfolio Online Desktop

Users of desktop can continue to enjoy an uninterrupted service on a 20 min price delay. However to continue to provide this service as a free addition to your subscription, we have opted out of the branded option. What does this mean? In time you will need to download a new executable to replace the branded option. We will notify clients in due coarse of when this change will take place.

If clients wish to use the desktop software please contact our office for details of how to review it. Alternatively you can watch this short video on its functionality.

http://www.praemium.com.au/desktopdemo/desktopdemo.html

Live pricing and news data is also available on request please contact our office for further information.

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Take advantage of an exciting rate with Macquarie Cash XL: 8%pa*

We are pleased to announce that we are a referral partner of Macquarie Private Wealth. As a referral partner we have access to Adele Meagher who can help with all of your wealth management queries.

A great new offer from Macquarie is their cash product Macquarie Cash XL. This at-call, online high-interest cash account offers investors:

• initial rate of 8%pa*;
• no establishment or transaction fees.
• easy access to your cash online via your linked bank account;
• no minimum investment;
• online visibility to your account balance and recent transactions; and
• Direct Feed into Your Portfolio Online on a daily basis.

If you are interested in opening an account, Adele Meagher will be able to quickly and efficiently organise this for you. Please call her directly: 02 8232 7415 or email her: adele.meagher@macquarie.com

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For further information contact Your Super Admin Pty Ltd

Copyright © 2008 Your Super Admin Pty Ltd

Disclaimer: The material contained in this publication is in the nature of general comment and information only and is not intended to be advice on any particular matter. Readers should not act or rely upon any matter or information contained in or implied by this publication without seeking the appropriate professional advice.