Financial Services Guide - Last updated 30th June 2007
Under Australian law we are required to provide this Financial Services Guide to you. Its purpose is to provide information to assist you to decide whether to use our services. It contains information about what we provide, how we are paid and our complaints handling procedures.
About this Financial Services Guide [FSG]
This FSG provides information about the financial services provided by Tradewise Pty Ltd (AFSL: 285948) trading as Trading by Design ( ABN 14 129 975 102).
This FSG is intended to help you in deciding whether to use the financial services Trading by Design offer. We explain any relevant association or relationship, the nature of the service that we provide, details of how we are remunerated for this service, and details of procedures for dispute resolution.
Be sure to take the time to read this guide carefully, along with our terms & conditions.
Because Trading by Design does NOT provide ?Personal Advice? (Sec 766B {3} of the Corporations Act 2001) we are not required to provide you with a Product Disclosure Statement (PDS) or a Statement of Advice (SoA). If you deal with a broker or a financial planner, they will provide you with these documents.
About Trading By Design
Tradewise Pty Ltd, trading as Trading by Design holds an Australian Financial Services Licence, number 285948, which authorises us to provide general advice to retail and wholesale clients in relation to:
derivatives
foreign exchange contracts
debentures, stocks or bonds issued or proposed to be issued by a government
securities
The contact details for Trading by Design are found at the end of this FSG.
What service is provided?
Only general financial product advice in relation to derivatives (futures, stock & futures options, warrants & CFD?s), foreign exchange (FX) and securities can be provided via the www.tradingbydesign.com website.
What are the main risks associated with investing in listed equity securities, derivatives and foreign exchange products?
Although we do not provide personal financial product advice you should be aware of the main risks associated with investing in listed equity securities, derivatives and foreign exchange product. Some of these risks are outlined below:
1. Overall market risk - This is the risk of loss by reasons of movements in a market sector. These can be caused by any number of factors including political, economic, taxation or legislative. Specific examples include changes in interest rates, political changes, changes in superannuation laws, internal crises or natural disasters. Market risk can be minimised by having a spread of investments across different types of assets.
2. Global risk - This is the vulnerability of an investment to international events or market factors. This would include movements in exchange rates, changes in trade or tariff policies and changes in international or bond markets.
3. Sector risk ? The risks associated with an industry?s specific products or services such as, demand for the product or service; commodity prices; the economic and industry cycles; changes in consumption patterns; lifestyle and technology changes, This may be minimised by detailed research to identify quality investments, reviewing their performance and their place in a portfolio.
4. Equity specific asset risk - Risks associated with the specific investment, for example, quality of the company?s directors; the strength of management and key personnel; profitability and asset base; debt level and fixed-cost structure; litigation; competition levels; liquidity of the investment.
5. Timing Risk - The possibility that you enter the market at a bad time, for example, just before a fall in the share market. This can be minimised by not investing all of your funds into the market at one time.
6. Speculative Risk - If an investment is described as speculative you should be aware that the investment could rise significantly but also fall by the same degree. You should not invest in speculative investments unless you understand and accept the risks fully and are prepared to accept any resultant loss.
Frequently Asked Questions
Will the advice consider my personal needs and circumstances?
No, Personal advice is not provided. The advice is general advice, and it does not take into account your personal objectives, financial situation or needs.
Is one-on-one advice available, by email or in person?
No. The www.tradingbydesign.com service is website access to our reports, analysis and educational services. Nothing more.
Should I be aware of any risks associated with the advice provided?
Yes. You should not act on any advice, information or data without first obtaining specific advice from your own adviser to ensure it is appropriate for your particular circumstances. Reliance on any such advice, information or data is at your own risk.
Who is the advice being provided for?
Trading by Design provides general financial product advice to subscribers and clients who purchase their products or services.
Can I instruct you to buy or sell my investments?
No, Trading by Design does NOT provide a brokerage service.
Do I pay for services provided?
Trading by Design is a subscriber service and also has product fees for stand alone items such as educational modules and services. Members pay a flat subscription fee, monthly, quarterly or annually for the subscriber services. Educational products and other service modules have various up front fees for each product or service.
Please note that these subscription fees and product fees may change from time to time. For up-to-date fees, please refer to our web site www.tradingbydesign.com or contact us by e-mail or telephone.
What commission is received?
Neither Trading By Design, nor their representatives receive any commission in relation to the general advice being given, nor from any of the companies whose stocks are recommended as suitable for investors or traders.
Trading by Design may receive a percentage of commission from brokers and other third party providers should you decide to use there services.
Are there any relationships which may influence the service provided?
No. Trading by Design and their representatives do not have any relationships that would influence the provision of the service.
Regarding personal details, what is recorded?
Trading by Design records customers' names and contact details only. See our privacy policy for details. You should also be aware that Trading by Design may be allowed or obligated to disclose or receive information by law and to report on prudential or risk management matters to the appropriate government authority.
Do you have professional indemnity insurance?
Trading by Design has adequate professional indemnity insurance in place to cover the financial services we provide.
Also the professional indemnity insurance will cover Trading by Design should you have to make a claim for financial services provided against an employee or a representative who is no longer an employee or representative of Trading by Design.
How are complaints dealt with?
If you ever have a difficulty or are not satisfied with our services you are entitled to complain. We have procedures in place to ensure that complaints are fully considered and properly dealt with by our Customer Service staff. You can contact our customer service staff at .
If the problem is not resolved to your satisfaction, please contact our Compliance Manager. Any complaint by a customer must be sent via e-mail to the compliance manager of Trading by Design
Within five days of receipt of your written complaint, you will be notified of the receipt of your complaint and any outcome or further discussions that need to occur.
Trading by Design will seek to resolve all complaints quickly and fairly.
If these processes have been followed, and your complaint cannot he resolved, you may also contact the Financia lOmbudsman Service, GP0 Box 3, Melbourne, Victoria, 3001, telephone 1300 780 808; we are a member of this scheme. The Australian Securities and Investments Commission (ASIC) also has a freecall infoline on 1300 300 630 which you may use to make a complaint and obtain information about your rights.
