IDEALX Separate mandates for selected managed investment allocations. The terms below apply to the service you select and the account details supplied with it.
Definitions and interpretation #
| Term | Meaning |
|---|---|
| Platform | Idealx Platform Pty Ltd, ACN 694 912 126, ABN 83 694 912 126. “Idealx”, “we” and “us” refer to Platform for its services unless this document expressly identifies a different provider. |
| Client | the individual or legal entity identified as the account holder in the accepted application, including each trustee in its recorded capacity. “You” and “your” refer to that Client, except where this document expressly addresses an individual Console user or Firm. |
| MDA | a managed discretionary account service under an accepted Investment Program, allowing its properly appointed manager to make investment decisions within that program without approval of each trade. |
| MDA Provider | Trend Investor Services Proprietary Limited, AFSL 255475, when it has accepted the Client and the relevant MDA appointments are effective. It is not Idealx Securities merely because both services use Idealx. |
| Investment Program | the personalised MDA investment program supplied with the required advice and accepted mandate, recording the Client’s objectives, permitted investments, numerical limits, risks, fees and review arrangements. |
| Managed Strategy | an MDA service restricted to a selected allocation and its attributable proceeds under its own Investment Program, rather than the whole account. |
| Client-approved Strategy | a non-discretionary strategy service requiring the Client’s initial investment instruction and approval of later proposed investment changes. It is different from an MDA. |
| Net Managed Assets | the value of assets and cash within the managed scope less attributable investment liabilities, calculated consistently under the applicable valuation and fee rules. Unmanaged assets are excluded. |
| High-water Mark | the fee threshold protecting unrecovered investment losses, adjusted for capital flows and fee crystallisation under the Auto Pilot Fee Schedule. A market loss does not reset it. |
| ETF | an exchange-traded fund. Its product documents govern the underlying investment and its risks. |
| Non-limited-recourse product | a product under which the Client may be liable for more than the amount initially invested. It requires the applicable separate assessment, warnings and consent before use. |
| Rehypothecation | reuse or re-pledging of assets received as collateral. It is not permitted by ordinary custody alone. |
A specific meaning or rule in the relevant service clause prevails over a general definition. References to an accepted schedule or record mean the version supplied for that service, not an undisclosed internal policy. Mandatory legal rights and obligations are not displaced by these definitions.
1. Allocation authority #
The Client selects a named strategy and version, amount and currency after the required assessment and advice. The provider manages that allocation and its attributable proceeds within the agreed investment program. Holdings may change without approval of each trade within its limits. The rest of the Client’s account remains outside this mandate.
Each allocation has separate ownership, valuation, fee and performance records. You may hold several strategies where suitable and supported. The same asset is not charged twice or exposed to another allocation’s collateral or set-off obligations without a separate lawful authority and appropriate assessment.
2. Idealx Global Equities — mandate #
Objective: long-term capital growth from global listed shares and approved ETFs. Indicative horizon: five years or more. Discretion includes country, sector and currency allocation, security selection, replacement, rebalancing and temporary defensive cash.
Your Investment Program identifies eligible exchanges, issuer and sector limits, permitted ETFs, currency policy, liquidity constraints and any derivative authority. Leveraged or inverse products and short exposures are excluded unless expressly included and approved. Risks include equity losses, concentration, currency movements, market closure and illiquidity.
3. Idealx Digital Assets — mandate #
Objective: long-term growth through approved liquid digital-asset exposures. High volatility and potentially total loss must be explained. Initial scope is approved spot assets and/or listed products with separately verified licensing, execution and custody arrangements.
Staking, lending, yield farming, leveraged tokens, borrowing and rehypothecation are not included automatically. Your Investment Program identifies approved assets, token and venue limits, stablecoin treatment, custody controls and withdrawal restrictions. A stablecoin label gives no fiat-value or redemption guarantee. Counterparty, cyber, protocol, depeg and liquidity risks may cause substantial or total loss.
4. Idealx Derivatives Opportunities — mandate #
Objective: seek returns from approved derivative opportunities and hedging. Starting approach is defined-risk structures where practicable, not a promise that every derivative limits losses.
Your Investment Program states the permitted instruments, exchanges and counterparties, gross and net exposure limits, option-writing permissions, loss controls and margin reserves. Futures, uncovered short positions and non-limited-recourse products require express approval, suitability assessment and any separate prescribed consent. Licence restrictions remain applicable; this mandate does not authorise unrestricted over-the-counter issuance.
5. Idealx Diversified Growth — mandate #
Objective: long-term growth and total return across approved equities, fixed income, fund exposures and cash. Indicative horizon: five years or more. Allow tactical asset allocation, rebalancing and currency management within the client’s approved ranges.
Your Investment Program specifies asset-class ranges, total growth exposure, concentration and liquidity limits, and any digital-asset or derivative sublimits. Investments may fall together; diversification does not guarantee protection.
6. Idealx Income — mandate #
Objective: seek investment income and total return using approved bonds, income funds, dividend-paying equities and cash. Income amounts and timing can vary. Capital is not guaranteed.
Your Investment Program specifies credit quality, duration, issuer and currency limits, distribution or reinvestment treatment, liquidity and any complex or subordinated debt permission. Risks include default, interest-rate movements, illiquidity and capital loss.
7. Strategy-specific fee and program completion #
Every issued strategy program must identify its manager, client objectives and suitability, permitted instruments, numerical risk limits, funding rules, fee base, management rate, any performance rate/hurdle/high-water mark, costs, deduction account, valuation, review and exit terms. Rates may differ. No numerical fee is inferred from this generic schedule or from Auto Pilot.
A strategy with incomplete fees or risk limits cannot be activated. The ordinary 0.20% client-approved strategy fee is not automatically the fee for a discretionary strategy. If a separately priced platform fee applies, disclose the complete stack before acceptance.
8. Switching, termination and acceptance #
Changes within the accepted strategy mandate require no trade-by-trade acceptance. Moving to another strategy or materially expanding risk requires the appropriate new program, advice and acceptance. A withdrawal or stop-management request follows Idealx MDA Client Agreement and identifies the selected allocation.
By accepting the MDA documents and selecting Join Strategy for the displayed allocation, you authorise management of that allocation under the supplied Investment Program and fees. The review identifies the provider, appointed manager and mandate. Other account assets remain outside this authority.