Unlisted Options

A SMSF is permitted to invest in Unlisted Options. Clients of ESUPERFUND are permitted to use any Australian based Unlisted Options Provider to purchase Unlisted Options for their SMSF. To simplify the Unlisted Options Application Process ESUPERFUND has established direct arrangements with EBROKING allowing clients to easily apply for an Unlisted Options Account through our website. More about the EBROKING Options Account can be found here.

EBROKING Options Account Not Compulsory

It is not compulsory to use the EBROKING Options Account and clients are permitted to invest in any Australian based Unlisted Options Provider to purchase Unlisted Options for their SMSF. That is clients are only permitted to invest in Unlisted Options using an Australian based Provider and cannot trade Unlisted Options using Overseas based Provider. This is due to the complexity involved in accessing the required data in the format required in relation to trading activities and currency movements involved with Overseas Providers. In addition, Overseas Providers typically do not recognise SMSF Investors and will typically setup accounts in the Trustees Individual names. This is a breach of SMSF laws and not allowed.

Account Must be setup in SMSF Name

If you elect to setup an Unlisted Options Account other than with EBROKING, then when establishing the Unlisted Options Account with an Australian based Provider, the Account must be setup in the SMSF Name and not in the personal names of the Trustees. Most Australian based Providers will setup accounts in the name of the SMSF. Unfortunately if the Australian based Provider selected by you does not setup accounts in the SMSF name then you will be unable to use that Provider to invest in Unlisted Options.

Record Keeping

If you elect to setup an Unlisted Options Account other than with EBROKING, then in relation to record keeping for Unlisted Options Investments, ESUPERFUND will send you a Checklist each year guiding you on what documentation we require to prepare your SMSF annual compliance requirements. This is typically all Trades during the Financial Year as well as confirmation of Unlisted Options Holdings at 30 June each financial year.

No financial product advice or recommendation

No Advice Express or Implied: It is important to understand that ESUPERFUND has not taken into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not provide financial product advice or recommend any financial products either expressly or implied. ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND. This applies in relation to the EBROKING Options Trading Account. ESUPERFUND does not advise or recommend that this product is suitable to a particular investor’s financial requirements or needs in relation to their SMSF. Any information provided in relation to the EBROKING Options Trading Account is factual information only about the operation of the account and how data is made available to ESUPERFUND. Accordingly you should read the disclosures relating to the EBROKING Options Trading Account before making any decision about whether the EBROKING Options Trading Account is suitable for your SMSF needs. We also recommend that you should seek professional advice from a financial adviser before making any decision to use the EBROKING Options Trading Account for your SMSF.

Set up your SMSF with ESUPERFUND Today!

APPLY NOW

General Advice Warning

No Advice Express or Implied: The contents of this website are of a general nature only and have not been prepared to take into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not provide financial product advice or recommend any financial products either expressly or implied. ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND. This applies equally to those financial products which are established for your SMSF when you become a client of ESUPERFUND. Any information provided in relation to any financial product or service available through ESUPERFUND is factual information only about the operation of the account and how data is made available to ESUPERFUND. Where this website refers to a particular financial product then you should obtain a Product Disclosure Statement (PDS) relating to that product and consider the PDS before making any decision about whether to acquire the product. We also recommend that you should seek professional advice (see below) from a financial adviser before making any decision to purchase any financial product referred to on this website. While the sources for the material are considered reliable, responsibility is not accepted for any inaccuracies, errors or omissions.

Seek Professional Advice from a Financial Adviser: ESUPERFUND is a no advice model and does not provide financial, legal or tax advice to clients. We recommend that you seek appropriate professional advice in view of your personal circumstances. A licensed financial adviser will consider your personal situation and make a recommendation suitable to your financial needs. All information detailed on our website is purely factual and is general in nature. Accordingly, you should not rely on it. It should always be remembered that Trustees are legally responsible for all the decisions made even if you obtain advice from a Financial Planner. Whilst a Financial Professional can provide advice and assistance you are ultimately responsible for the Fund.

Fees: Fees relating to operating your SMSF with ESUPERFUND are detailed on our fee page here. When setting up a SMSF it is important to understand that additional fees may apply that must be carefully considered prior to making a decision to setup a SMSF including an ATO Supervisory Levy, Company Trustee Setup Fee (where applicable), and Investment Fees.

Unlisted Options