Relationship between the trustee and some service providers to the Fund
Assets of the Macquarie ADF Superannuation Fund are invested in a life insurance policy issued by Macquarie Life. We have also appointed Macquarie Life to administer the Macquarie ADF Superannuation Fund. Our dealings with Macquarie Life may be on terms that are more favourable to MIML than the terms which would apply to other independent service providers. However, the fee Macquarie Life receives for its role is included in the charges outlined in Part A of this PDS.
When we, or Macquarie Life, invest for the Macquarie ADF Superannuation Fund, we may deal with Macquarie Bank Limited or its associated companies. These companies may receive commission and may also be dealing as principal or dealing on behalf of other accounts which are under the group management of the Macquarie Bank Group. We advise you that, under the law, where we invest money as trustee of the Macquarie ADF Superannuation Fund we must deal with the other party to the transaction on arm's-length terms. The trustee and Macquarie Life are subsidiaries of Macquarie Bank Limited.
