What time frame should I be considering for my investment?
You should consider investing for greater than 5 years to make the most of your Hyperion investment. Our investment approach is aimed at maximising the likelihood of creating portfolios that will produce above benchmark returns over rolling 5 year periods. We focus on the level of predictability of a company’s medium term future economic performance because the more predictable the future cash flows, the more confident we will be that our forecasts will be achieved.
What do Hyperion funds invest in?
Hyperion’s core business is as a high conviction growth manager that specialises in identifying and investing in quality Australian equities. Our investment process produces a relatively concentrated portfolio of predictable, high calibre companies with superior growth potential. We do also offer funds that invest in a broad range of asset classes including Australian equities, overseas equities, fixed interest, cash and property using specialist fund managers for those assets other than Australian equities. We pay reduced, wholesale investor fees to those specialist fund managers due to the size of our investments.
What are the risks of investing?
Almost any investment involves risk and you should be aware that investments will rise and fall in value. As a consequence, investors may lose capital or not receive a return over a given time frame. Depending on the weighting of investments in particular assets, each of the funds will have different earnings and risk profiles. For a full discussion about the risks of investing in Hyperion’s products please refer to “The Risks” section of the relevant PDS.
How will I be kept up-to-date about my investment?
As an investor, you will receive monthly statements, distribution statements (when the fund distributes), quarterly reports and end of financial year tax statements from Hyperion. We also encourage investors to regularly visit our website, www.hyperionam.com.au, for news about Hyperion, further information including our monthly Satellite Report which has a commentary from our Investment Team on the market and our holdings and annual accounts for the funds.
MAKING AN INVESTMENT:
How do I make an initial investment?
There are two ways to make an initial investment but both require you to complete the application form in the appropriate Product Disclosure Statement (PDS) for the fund in which you wish to invest. If you use a financial adviser, they can lodge your application via one of the many Investor Directed Portfolio Services (IDPS) and help facilitate all steps within the application process. If you wish to invest directly with Hyperion, please complete the application form at the back of the PDS and forward it to the address on the application form including your cheque or money order.
Each fund's PDS containing an application form can be downloaded from our website (please click here) or contact Client Services at clientservices@hyperionam.com.au or tel: 1300 550 293.
Hyperion will send you confirmation of your initial investment with your investor number.
Is there a minimum investment amount?
Generally the minimum initial investment is $50,000 but can be less if you are investing via an IDPS, master fund or wrap account operated by your financial adviser.
Are there any establishment or termination of investment fees?
No, Hyperion does not charge fees for establishing or terminating the account or if you make additional contributions or withdrawals. For a full discussion about fees, please refer to “Fees and Other Costs” in the relevant PDS.
How do I add funds to my existing investment?
You can add additional funds to your investment either as a one off investment or as part of an on going savings plan (see next question). To make a one off investment, please forward a cheque or money order to:
Client Services
Hyperion Asset Management
PO Box R604
Royal Exchange NSW 1225
Include your investor number, the name in which the investment is held, daytime contact details and how much you are contributing.
Alternatively you can electronically transfer the funds into our Custodian’s bank account remembering to include your investor number in the transfer’s details. Please contact Customer Service on clientservices@hyperionam.com.au or tel: 1300 550 293 to receive the bank account details.
How do I make regular contributions to my investment?
Setting up a savings plan is best achieved by completing a direct debit request form authorising your bank to transfer a regular, set amount of money into your Hyperion investment. The direct debit request form is available at the back of each PDS (click here to download a PDS) or call Customer Service on tel: 1300 550 293.
Can I switch Hyperion funds?
You can switch funds but you will need to complete the application form for the fund in which you wish to invest and forward the application form along with your instructions detailing:
Investor number
Name in which the existing investment is held
Amount to be switched
Daytime contact details
Signature of the authorised investor(s)
To:
Client Services
Hyperion Asset Management
PO Box R604
Royal Exchange NSW 1225
WITHDRAWING FUNDS:
How do I redeem my investment?
You can withdraw part or all of your investment at any time by simply sending written instructions to:
Client Services
Hyperion Asset Management
PO Box R604
Royal Exchange NSW 1225
Or
Fax: 02 8247 6657
You will need to include:
Investor number
Name in which the existing investment is held
Amount to be redeemed
Details of which fund and in what name the new investment is to be made
Daytime contact details
Signature of the authorised investor(s)
Bank account details for deposit of your withdrawn funds or postal address for receipt of a cheque
How long does it take to receive my funds once I’ve applied for a redemption?
Please allow up to 10 working days although we do aim to fulfil redemption requests within 4 working days. Redemption requests received at Hyperion by 2pm are processed using that day’s unit price and all requests received after 2pm will be based on the following day’s unit price.
Are there any exit fees?
No, Hyperion does not charge entry or exit fees on any of its products. Please see the relevant PDS for a full discussion on fees.
SUPERANNUATION:
Does Hyperion offer products for superannuation investments?
Hyperion does not offer funds specifically structured in accordance with the Government’s superannuation regulations but for self managed super funds which can choose the nature of their investments, Hyperion’s products are well suited given both the products’ optimal investment time period and the long term nature of superannuation investments.
CHANGE OF DETAILS / TRANSFER:
How do I transfer my units into another name?
Transferring your investment into another name is likely to have taxation implications so you should check with your financial adviser or taxation consultant. Should you wish to proceed, the new investor should complete an application form (click here for application forms contained in Hyperion’s Product Disclosure Statements) and the existing investor needs to submit written confirmation that they would like their holdings transferred to the new investor. Please include:
Investor number
Name in which the existing investment is held
Amount to be transferred
Daytime contact details
Signature of the authorised investor(s)
And send to:
Client Services
Hyperion Asset Management
PO Box R604
Royal Exchange NSW 1225
Or
Fax: 02 8247 6657
How do I change my address or email details?
We will need your new contact details in writing so please forward written correspondence including:
Investor number
Name in which the existing investment is held
New postal address/ new email address
Daytime contact details
Signature of the authorised investor(s)
And send to:
Client Services
Hyperion Asset Management
PO Box R604
Royal Exchange NSW 1225
Or
Fax: 02 8247 6657
TAX:
What are the tax implications of investing?
If you have supplied your tax file number, Hyperion’s distributions are made on a pre-tax basis and as such may be counted as income to the investor. When redeeming investments, any gains or losses in the principal investment will be treated as capital gain or loss for taxation purposes.
Do I need to quote my tax file number (TFN)?
Investors may choose not to quote their tax file number but Hyperion will be required by law to deduct tax at the highest marginal tax rate plus Medicare levy before paying distributions.
DISTRIBUTIONS:
When are distributions paid?
Hyperion normally pays a distribution four times a year in the month following the quarter end i.e. January, April, July and October. Distribution payments are not guaranteed as they are subject to the earnings of the fund.
What options to I have to receive my distributions?
You can elect to have your distributions paid via cheque, directly deposited into your nominated bank account or reinvested in the fund.
How do I change how I am paid my distribution?
We require written instructions in order to change how you receive your distributions. Please include in your letter:
Investor number
Name in which the existing investment is held
How your would like to receive your distribution e.g. cheque, direct deposit (include BSB, account number, financial institution name, name in which the account is held, distribution reinvestment)
Daytime contact details
Signature of the authorised investor(s)
And send to:
Client Services
Hyperion Asset Management
PO Box R604
Royal Exchange NSW 1225
Or
Fax: 02 8247 6657
FORMS:
Please check back soon as we are updating our forms. Thank you.
