DWS Strategic Value Fund - Colonial First State

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Investing through a master trustor wrap accountInvestors investing in the Fundindirectly via an Investor DirectedPortfolio Service (‘IDPS’), IDPS-likescheme (such as a master trust orwrap account) or a nominee orcustody service (‘Indirect Investors’)do not themselves becomeinvestors in the Fund, andaccordingly have no rights as aunitholder. The offer document foryour IDPS or IDPS-like schemeshould have further details. If youare an Indirect Investor, generallythe relevant scheme operatoracquires the rights of a unitholder.Unitholder rights include the right toattend unitholder meetings, to makewithdrawal requests, receive andreinvest distributions, participate intermination proceeds and lodgecomplaints. Your rights and liabilitieswill be governed by the terms andconditions of the relevant IDPS orIDPS-like scheme, which you shouldread carefully prior to directing therelevant operator to invest in theFund. Cooling off rights for the Fund(see page 10) do not apply toinvestors who invest indirectlythrough an IDPS or IDPS-likescheme.Indirect Investors completeapplication forms for the IDPS orIDPS-like scheme, not the Fund,and receive reports from theiroperator, not us. Inquiries should bedirected to that operator.Minimum investment andwithdrawal requirements may notalways be relevant to IndirectInvestors because the IDPS orIDPS-like operator may invest onbehalf of a number of IndirectInvestors. Indirect Investors will alsoincur the fees and expensesapplicable to the IDPS or IDPS-likescheme, as well as the Fund feesand expenses. The tax informationin this PDS does not specificallycater for Indirect Investors.We authorise the use of this PDS asdisclosure to Indirect Investors andprospective Indirect Investors.20
Additional information for investorsThe Fund’s ConstitutionThe Fund is established by aConstitution dated 29 September1999 which may be amended fromtime to time. The operation of theFund, the duties and obligations ofDeutsche Asset Management andthe rights of investors are governedby the Constitution, together withthe Corporations Act and thegeneral law. Overall, our obligationsare to act in your best interests andto give priority to your interests ifthey conflict with our own.This PDS summarises some keyfeatures of the Constitution such asissue and redemption of units,calculation of unit prices and fees.However, the Constitution covers anumber of additional matters,including:■■■■■■the nature of units (subject to anyspecial terms of issue, identicalrights attach to all units);how we calculate unit prices;how and when withdrawals arepaid (they are paid out of theFund assets and, notwithstandingthat payment usually takes placewithin twenty (20) businessdays, we have a greater periodto make payments under theConstitution). We can alsosuspend the redemption of anyunits in particular circumstances,for example if there is a closureof securities exchange whichmakes it impracticable for theResponsible Entity to calculatethe net asset value of the Fund,if there is insufficient cash inthe Fund, if a large number ofwithdrawal requests are receivedat any one time or if it is in theunitholders’ best interest to delaythe redemption period;■■■■■■■■■■■■■■■■your rights to share any Fundincome, and how we calculate it;our powers which are verybroad, for example, we canborrow money (whether or noton security) and incur all types ofobligations and liabilities, make alltypes of investments and appointdelegates and agents;unitholder meetings (a resolutionbinds you, regardless of how orwhether you voted);the circumstances in which weare and are not liable to you, andlimitations on our liability;our indemnification out ofassets of the Fund for all costsincurred in the course of ouroffice or in relation to theadministration or management ofthe Fund (subject to the properperformance of our duties);transferring units and our ability torefuse transfers (you can generallytransfer your units by lodging anapproved, stamped transfer formwith us);when we can retire as ResponsibleEntity of the Fund; andwhen we can terminate the Fund.Under the Constitution we may holdunits in the Fund and can actdespite certain conflicts of interest.The Constitution contains provisionsdesigned to limit your liability to theissue price of your units. TheAustralian courts are yet to finallydetermine the effectiveness ofthese types of provisions.You should consult a copy of theConstitution if you require a moredetailed understanding of thedocument. A copy of the Constitutionis available free of charge bydownloading the document titled‘DWS Strategic Value FundConstitution’ on our website atwww.dwsinvestments.com.auor by contacting Client Services on1800 034 402. The Constitutionof the Fund is binding onall unitholders.Unless specifically stated otherwisein this PDS, the provisions of theConstitution will prevail overstatements in this PDS, to theextent of any inconsistency.Conditions for use of the faxtransaction facilityIn accordance with the Constitution,a notice may be given to us by fax.A notice given to us by fax iseffective only at the time of receiptby us in legible form. You shouldretain a copy of the fax confirmationsheet as proof that a transmissionwas successfully completed on thedate and time shown. This will assistif an issue arises as to the timing ofreceipt of a facsimile by us.By completing the application form,you agree to be bound by thefollowing additional conditions ifyou give us a notice by fax:■■you acknowledge that there is arisk that fraudulent fax requestsmay be made by a third party;21
Page 1 and 2: DWS Strategic Value FundARSN 089 89
Page 3 and 4: ContentsWe encourage you to read th
Page 5 and 6: About DWS Investments andDeutsche A
Page 9 and 10: Risks of investingUnderstanding inv
Page 11 and 12: Investing in the FundTo invest, you
Page 13 and 14: Accessing your moneyYou may request
Page 15 and 16: Fees and other costsConsumer Adviso
Page 17 and 18: Additional explanation of fees and
Page 19 and 20: Keeping you informedAs an investor
Page 21: The Fund is unlikely to qualify for
Page 25 and 26: Some of the personal informationwe
Page 27 and 28: DWS Strategic Value FundApplication
Page 29: Type of Investor Description Inform
Page 32 and 33: Part 1: Individual or Joint Individ
Page 34 and 35: Part 5: Other Entities (continued)R
Page 36 and 37: Section H: Applicant Declaration an
Page 38: This page had been left intentional

DWS Strategic Value Fund - Colonial First State

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