Betashares ETF – Win $5,000 worth of units in Betashares exchange traded product of your choice
How to enter:
To enter the draw to win $5,000 worth of units in a Betashares exchange traded product of your choice, simply fill in the competition form on the Betashares website, Facebook, Instagram or LinkedIn.
Terms and Conditions:
Taking part in this competition constitutes acceptance of these terms and conditions.
This competition commences on or around 9:00am AEDT on Wednesday 15 November 2023 and closes on or around 5:00pm AEDT on Friday 8 December 2023 (‘Promotional Period’).
Betashares Holdings Pty Ltd ABN 93 136 545 107, Level 6, 50 Margaret Street, Sydney (phone 1300 487 577) (“BHPL”) is conducting this competition. BHPL is a related party of Betashares Capital Limited ABN 78 139 566 868 AFSL 341181 (“Betashares”), the responsible entity and issuer of each Betashares exchange traded product (“Betashares Fund”).
The prize is $5,000 worth of units in a Betashares Fund, as chosen by the winner (“Prize”), to be acquired through the winner’s Betashares Direct account (see paragraph 10 below).
To be eligible to win, each entrant must:
have supplied a valid email address and their correct contact details,
be at least 18 years old,
live in Australia, and
register (via the Betashares website) for early access to a Betashares Direct account, being an account in the Betashares Invest Fund (“Betashares Invest”), an IDPS-like scheme of which Betashares is the responsible entity and issuer, which is available through the Betashares Direct mobile application.
Entrants that do not meet the requirements in paragraph 5 will be ineligible to win the Prize.
Entrants will receive 3 additional entries for each person they refer that enters the competition via the unique link provided upon completing the competition entry form.
The winner of the Prize will be drawn by a barrel draw at BHPL’s office at 12:00pm AEDT on Monday 11 December 2023.
The winner of the Prize will be notified via email by a BHPL representative on Monday 11 December 2023.
The Prize will be awarded to the winner via one of the following means (as agreed by BHPL):
an acquisition of the relevant Betashares Fund units through the winner’s Betashares Direct account. By taking part in this competition and applying to open a Betashares Direct account (which the winner will be able to do once they receive an early access key code), each entrant agrees that, if they are selected as the winner of the Prize and their Betashares Invest account application is accepted by Betashares, they are instructing Betashares, as responsible entity of Betashares Invest, to submit a market order for units in the Betashares Fund chosen by them in the amount of $5,000, which amount will be transferred into their Betashares Invest Cash account if their Betashares Direct application is accepted. The market order will be submitted by Betashares on behalf of the winner after the $5,000 is received in settled funds in the winner’s Betashares Direct cash account. Neither Betashares nor BHPL makes any representations or warranties regarding the price at which the relevant Betashares Fund units will be acquired; or
an allocation of the relevant Betashares Fund units to the winner’s trading account with a valid CHESS Holder Identification Number (“HIN”). If BHPL agrees to this option, the winner will be required to provide personal information for validation (including, without limitation, their full name, residential address and HIN). The Prize cannot be allocated to the winner under the name and address provided on the entry form matches the name and address registered to the winner’s HIN. Each entrant acknowledges that the Betashares Fund units will be valued at $5,000 at the time of purchase. Between the date of purchase and the date on which the Prize is allocated to the winner, the value of the units may be higher or lower than their respective purchase price due to movements in their market value.
BHPL will make two attempts to contact the winner. If the attempts are unsuccessful, or the Prize cannot be allocated to the winner due to the winner not meeting the requirement in paragraph 10, BHPL reserves the right to select a new winner. This method will be used until the Prize is allocated.
Entrants should note that:
Holding units in a Betashares Fund gives rise to specific risks and the value of the units may go down as well as up.
There are tax implications associated with receiving distributions and disposing of Betashares Fund units.
None of Betashares, BHPL or any of their related entities is licensed to provide personal financial advice to any entrant or the Prize winner.
Before making an investment decision, entrants should obtain and read a copy of the Product Disclosure Statement (‘PDS’) for the relevant Fund, as well as the Betashares Invest Fund, and obtain financial advice based on their individual circumstances.
Information about risks and other features of each Betashares Fund is available in the applicable Betashares Fund PDS located under the Fund’s Resources page at www.betashares.com.au. Entrants may also wish to consider the relevant Target Market Determination (‘TMD’) which sets out the class of consumers that comprise the target market for the relevant Fund, available at www.betashares.com.au/target-market-determinations. Information about risks and other features of the Betashares Invest Fund is available in the PDS and the TMD, which are available by contacting Customer Support on 1300 487 577 or by email at support@betashares.com.au.
No correspondence will be entered into. BHPL’s decision is final.
Directors and employees of BHPL, including their immediate families, its agencies and companies associated with this competition are ineligible to enter.
Complaints about this competition can be made to complaints@betashares.com.au. Complaints will be handled in accordance with Betashares Complaints Handling Policy.
Any information entrants provide will be used by BHPL for the purpose of conducting this competition. By entering this competition, each entrant consents to the collection and storage of their personal information on BHPL’s databases. BHPL, Betashares or a related entity may use this information for future promotional and marketing purposes regarding its products and services. BHPL may disclose entrants’ personal information to its contractors and agents to assist in conducting this competition or communicating with entrants going forward. BHPL and Betashares are bound by the Australian Privacy Principles in the Privacy Act 1988. Entrants can view the Betashares Direct privacy policy at https://www.betashares.com.au/direct/privacy, which applies to such information. Entrants can request access to the personal information BHPL holds about them by using the contact methods stated in paragraph 3.
All references to dollar amounts in these terms and conditions are to Australian dollars unless otherwise stated.