2021 Annual Member Statement

1300 022 762 | hello@crueltyfreesuper.com.
au
Suite 4.01, 50 Holt Street, SURRY HILLS NSW 2010
Fund ABN 32 367 272 075 | USI 32 367 272 075 159
20 December 2021
Private & Confidential

Ms Bethany Grace Clarebrough
4 Olive Gr
FRANKSTON VIC 3199
Dear Ms Clarebrough,
RE: Your Annual Statement

Member Number: 178970
Account Number: 502399
We are pleased to enclose your annual statement for 2020/2021 financial year which provides
information on your superannuation account. The Annual Member Statement should be read in
conjunction with the fund’s Annual Report. The Fund's Annual Report will be published on our website
www.crueltyfreesuper.com.au and available for viewing by 31 December 2021. If you would like to
receive a paper copy, please contact our office and we will arrange this for you free of charge.
If you have any questions, please do not hesitate to contact our Member Services Team on 1300 096
631 and quote your member number in all communication and correspondence.
We wish you a happy and safe new year and look forward to working with you in 2021/2022.
Yours sincerely,
Scott Pepper
Product and Client Operations Manager
Cruelty Free Super
Cruelty Free Super, a sub-fund of the Grosvenor Pirie Master Superannuation Fund – series 2 (ABN 32 367 272 075, R1001204) is issued by
Diversa Trustees Limited (ABN 49 006 421 638, RSE L0000635, AFSL 235153)
Annual Member Statement
Cruelty Free Super
Bethany Grace Clarebrough - 178970-502399
1 July 2020 to 30 June 2021
Your Membership Details

Name: Bethany Grace Clarebrough Member-Account Number: 178970-502399
Address: 4 Olive Gr Account Type: Accumulation
FRANKSTON VIC 3199
Valid TFN Supplied: Yes
Age: 21
Date Joined Fund: 30/01/2020
This Annual Member Statement should be read in conjunction with the Trustee’s Annual Report for the year ended 30 June 2021.
Your Account Summary

Opening Balance as at 01/07/2020 $1,072.52
What has been added to your account
Employer (including any Salary Sacrifice) Contributions $4,261.76
Government Contributions $301.60
Tax Rebates $7.80
Fee Cap Refund $15.84
Total Additions $4,587.00
What has been deducted from your account
Tax ($640.98)
Fees ($51.96)
Benefits Paid ($1,000.00)
Total Deductions ($1,692.94)
Investment Earnings* $234.67
Closing Balance as at 30/06/2021 $4,201.25
See the “Explanatory Notes” section for an explanation of terms used in this statement.
* Investment earnings have been calculated net of indirect costs and tax, where applicable.
Access to your Money
Your Preserved Benefit $4,201.25

Your Non-Preserved Benefit
Restricted $0.00
Unrestricted $0.00
Withdrawal Benefit as at 30/06/2021 $4,201.25
Death Benefit as at 30/06/2021 $4,201.25
Your withdrawal benefit is the total benefit shown above that would have applied if your benefit was paid or rolled over on 30 June
2021. Tax may be payable on certain benefits paid as a lump sum or pension. Refer to your relevant Product Disclosure Statement
(PDS) for further details. The amounts on which the information was based may change.Your death benefit does not include an
insured amount and is equal to your withdrawal benefit at 30 June 2021. Before withdrawing from the Fund you should contact us
to confirm your withdrawal benefit at the time.
Investment Information as at 30 June 2021
Investment Option No. of Units Unit Price Price Date Value

Growth 2,227.9822 $1.885674 30/06/2021 $4,201.25
TOTAL $4,201.25
The dollar amount of Investment Earnings disclosed in Your Account Summary is calculated by reference to the change in underlying
units allocated to your account for each transaction processed. Unit prices are calculated for each of the investment strategies (also
referred to as investment options) on a regular basis and take into account any fees, costs and taxes if applicable, not already
Issued for and on behalf of Diversa Trustees Limited (ABN 49 006 421 638, RSE No. L0000635, AFSL No. 235153) as
Trustee of the Cruelty Free Super Fund, a sub fund of Grosvenor Pirie
Master Superannuation Fund – Series 2 (ABN 32 367 272 075, R1001204) Page 1 of 7
Cruelty Free Super
1 July 2020 to 30 June 2021
deducted from member accounts. Unit prices shown at the date of this statement represent the value of your account if you withdrew
your investment on that day. See “Access to your Money”.
Investment Performance as at 30 June 2021
For the year ending 30/06/2021, the estimated net earning rate of return for your account has been calculated as 10.86%.
The estimated net earnings return for your investment is based on the combined total rate of return for the investment options
you were invested in during the reporting period, plus and minus product fees and taxes on investments. It will not necessarily
equal the one year net earnings rate of your investment option(s) and does not include items such as insurance payments or
contributions. The net earnings rates of the investment option(s) you were invested in as at 30/06/2021 are shown below.
Investment Strategy 1 year to 5 year 10 year Since Inception

30/06/2021 compound compound inception to Date of
annual annual 30/06/2021 Investment
average to average to
30/06/2021 30/06/2021
Growth 14.2% 6.1% 6.5% 6.1% 30/09/2010
The investment performance returns disclosed above are the fund’s published returns for the investment strategies in which you
held units for as at 30 June 2021. The actual rate of return of your account may be different to the fund’s published returns for
each investment strategy due to the timing and value of the transactions processed in your account. Refer to the fund's Annual
Report and PDS for details about the investment strategies available to you. Past performance is not a reliable indicator of future
performance.
Your Insurance Cover
The insured amount is subject to the terms and conditions of the relevant Insurance Policy and acceptance of any claim by the
insurer.
You currently do not hold insurance cover in the Fund.
Any insured amounts reflected above are effective as at 30 June 2021, and do not take account of any cancellation of insurance
cover on or after 1 July 2021. As a result of Protecting Your Super legislation, if the Trustee was required to cancel your
insurance cover from 1 July 2021 onwards, you will have received a separate communication confirming the cancellation. If you
submitted a request under the Protecting Your Super legislation to maintain your insurance, even if your account has not received
any contributions, rollovers or other amounts for a continuous period of 16 months, you can cancel and/or modify your insurance
cover at any time in the future by going online to the Insurance section of our website and selecting which insurance cover you
wish to cancel or change. Please contact us on 1300 096 631 if you have any questions.
Beneficiary Details
The below information is correct as at the date of issue of this statement.
You have not nominated any beneficiaries to receive your benefit in the event of your death. You may make, amend, confirm or
revoke your beneficiary nomination at any time by completing and submitting the appropriate form that is available by contacting
the fund.
Name Relationship Share Type of Nomination Expiry Date

No Beneficiaries
Cruelty Free Super
1 July 2020 to 30 June 2021
Your Transaction History
Date Description
Fee Rebates Tax Amount

26/10/2020 Protection Rebate ($1.72) $15.84
TOTAL ($1.72) $15.84
Employer (including Salary Sacrifice) Contributions Tax Amount

01/07/2020 Employer SG Contribution from PENINSULA HEALTH ($37.67) $251.14
TOTAL ($639.26) $4,261.76
Government Contributions Tax Amount

27/08/2020 Government Low Income Contribution $0.00 $301.60
TOTAL $0.00 $301.60
Fees* Tax Amount

31/07/2020 Administration Fee $0.65 ($4.33)
TOTAL $7.80 ($51.96)
* Any Administration Fees shown form part of the fund's administration fees relating to the administration/operation of the fund.
Benefits Paid Tax Amount

10/07/2020 Benefit Paid to BETHANY GRACE CLAREBROUGH $0.00 ($1,000.00)
TOTAL $0.00 ($1,000.00)
For information about any of the transactions shown above please contact us. See contact details in the "General Information"
section of this statement.
Cruelty Free Super
1 July 2020 to 30 June 2021
The Trustee allocates contributions to member accounts based on the date they are received and identified in the fund.
The Trustee is not aware if there are any overdue contributions for the reporting period. Where you believe that required
contributions have not been allocated to your account, please confirm with your employer the date paid and the name of the fund
they were paid to, before contacting the fund.
Total Fees and Costs You Paid
Some fees and costs are deducted directly from your account and form part of ‘What has been deducted from your account’ shown
in Your Account Summary (where relevant) and are itemised in Your Transaction History. Some fees and costs are deducted from
the assets or earnings of the fund (called ‘indirect costs’) and are reflected in the calculation of investment earnings allocated to
your account through the calculation of unit prices.
Where fees or costs are deducted from your account, you will generally receive any tax benefit of that deduction that the Trustee
is able to claim on the fund's income tax return for that period.
Administration expenses and insurance premiums give rise to tax deductions which are passed on to members by being taken into
account in calculating the contributions tax in respect of taxable contributions deducted from account balances. Where the benefit
of a tax deduction is passed on to you in the form of a rebate, this is listed in the transaction history section.
Indirect Costs of Your Investment

This approximate amount has been deducted from your investment and covers amounts that have reduced the return on your
investment but are not charged directly to you as a fee. The Indirect costs of your investment include investment costs, performance
based fees (where payable), fees disclosed in the PDS that are not charged directly to you and the buy/sell costs of your underlying
investments.
$0.21
Other Fees of Your Investment

This approximate amount or amounts have been deducted from your investment and covers fees that are not reflected as
transactions on this statement. Note: Other fees may be reported by the type of fees charged.
$38.79
Direct Fees
This is the total amount of fees paid directly from your account. These are listed in the transaction history section.
$51.96
Total Fees You Paid

This approximate amount includes all the fees and costs which affected your investment during the period. This includes all direct
fees listed in the transaction history section, the approximation for Indirect costs of your investment and Other Fees of Your
Investment shown above. It does not include tax (if applicable). The total fees you paid are the total of all fees and costs disclosed
in the periodic statement.
Total fees and costs less any rebates applied to your account. $90.96
Additional Explanation of Fees and Costs
Administration Fees
Fees charged to cover the administration costs of the fund.
Fees
The fees detailed include any applicable GST amount and stamp duty and are net of Reduced Input Tax Credits (RITC) where
applicable.
Indirect Costs of Your Investment

Indirect costs of your investment show, as an approximate dollar value, your portion of the indirect costs of the investment options
you hold. They are deducted before, or are included in, the calculation of unit prices and/or crediting rates and do not get withdrawn
directly from your account.
Indirect costs of your investment include investment costs, performance based fees (where provided), fees disclosed in the PDS
that are not charged directly to you and the buy/sell costs of your underlying investments.
Investment costs are determined by multiplying your average account balance by the investment option’s indirect cost ratio (ICR).
The ICR is provided by the investment manager and represents the fund managers’ costs expressed as a percentage of its average
net assets.
Cruelty Free Super
1 July 2020 to 30 June 2021
Insurance Fees
If you elect to take out insurance cover, amounts deducted from your account may include your Insurance Fee - Premium, Insurance
Fee - Administration and Insurance Fee - Stamp Duty.
Explanatory Notes
Cap on Certain Fees

If your account balance is less than $6,000 at the end of the reporting period, the total combined amount of administration fees,
investment fees and indirect costs charged to you is capped at 3% of your account balance. Any amount charged in excess of
that cap will be refunded.
Closing Balance
Your closing balance is calculated as the total of your account balance as at the statement date, based on the transactions allocated
to your account and the investment valuations to that date. The amounts on which the information is based might change. Before
withdrawing from the fund, you should seek information about your withdrawal benefit that would be payable at that time.
Investment Earnings
Your investment earnings after relevant fees and taxes on investment income have been deducted, are shown under the heading
‘Your Account Summary’. The investment earnings of your account may be different to the fund’s published returns for each
investment option due to the timing and value of the transactions processed in your account.
Investment Information
The investment information table provides a summary of investments held in your portfolio. The total value of each investment is
calculated using the most recent unit price at the end of the period multiplied by units held. Total values change constantly and
the total value of your investments may have changed since the date of this statement.
Insurance Cover
If applicable, your insurance details reflect your benefit as at the statement date and are subject to change. For current insurance
benefit information, please contact the Member Services Team.
Opening Balance
The opening balance for this statement equals the closing balance from your last member statement.
Preserved Amount
Part or all of your benefit may be subject to the Government’s preservation requirements. Under these requirements, the amount
of your preserved benefit cannot be taken in cash until you satisfy a condition of release.
Non-Preserved Amounts
Your restricted non-preserved benefit is the amount available to be taken in cash once you have ceased employment with the
employer who made these contributions.
Your unrestricted non-preserved benefit is the amount of your benefit available to be taken in cash at any time (e.g. the cash portion
of benefits from previous employment).
Rounding Differences
We calculate the value of investments and income received to six decimal places. This statement displays resulting values to two
decimal places and may result in rounding differences.
Superannuation Surcharge
While surcharge tax was abolished in July 2005 we may still receive surcharge assessments from the ATO for prior financial years.
Any surcharge assessment and liabilities will be deducted from your account balance, where applicable.
Taxation
As Cruelty Free Super complies with requirements of the superannuation legislation, the net income derived by the fund, including
capital gains, is subject to tax at the rate of 15%.
This tax is taken into account in the calculation of investment earnings for accumulation accounts. No tax is payable on the
investment earnings of retirement phase pension account assets.
Other taxes apply to contributions and superannuation benefits (when benefits are paid in the form of a lump sum or pension to
you). Where applicable, benefit payments (partial lump sum payments or pension payments) are shown gross of any tax payable.
Your withdrawal benefit may be subject to benefits tax.
Cruelty Free Super
1 July 2020 to 30 June 2021
Tax File Numbers (TFN)

The Trustee is authorised under the Superannuation Industry (Supervision) Act 1993 to collect your TFN and will only use it for
lawful purposes. These purposes may change in the future as a result of legislative change. The Trustee may disclose your TFN to
another superannuation fund or provider when your benefit is being transferred, unless you have specifically instructed otherwise
in writing. It is not an offence not to quote your TFN, however if you do not provide your TFN to the Trustee, your contributions
and withdrawals may be taxed at a higher rate and the Trustee may not be able to accept some types of contributions, such as
personal contributions. Providing your TFN allows for easier matching and tracing of any lost superannuation accounts.
General Information
The Trustee is obliged to provide you with any information you may reasonably need to understand your benefit entitlements. We
encourage you to read your Member Statement carefully. Additional information, including details of other investment, insurance
and contribution options is available to you, upon request and (in the case of investment options) in the fund's Annual Report, which
can be obtained free of charge at www.crueltyfreesuper.com.au or by contacting the Cruelty Free Super Member Services Team.
Additionally, if you have any queries in relation to the information contained within your Member Statement, please contact the
Cruelty Free Super Member Services Team via the following:
Member Services Team

Cruelty Free Super
Suite 4.01, 50 Holt Street
SURRY HILLS NSW 2010
Telephone: 1300 096 631

Email: hello@crueltyfreesuper.com.au
The details shown in this Statement reflect your situation at 30 June 2021 and the amounts shown might change. Please
contact Cruelty Free Super for up to date information.
Annual Report
The Annual Member Statement should be read in conjunction with the fund’s Annual Report. The Annual Report for 2021 will be
available for download from www.crueltyfreesuper.com.au by 31 December 2021. Please contact the Member Services Team if
you prefer to receive a printed copy of the Annual Report for this and future periods (free of charge). Subsequent Annual Reports
will be made available to you via this web-site unless you elect otherwise.
Enquiries and Complaints

The Trustee has an Enquiries and Complaints Policy in place. For a summary of the enquiries and complaints handling process,
or if you have a question or problem regarding the fund, you should contact:
The Enquiries and Complaints Officer

Cruelty Free Super
Suite 4.01, 50 Holt Street
SURRY HILLS NSW 2010
Telephone: 1300 096 631

Email: hello@crueltyfreesuper.com.au
In most situations you will receive an answer to your query over the phone. A complaint can be made verbally or in writing and receipt
of complaints will be acknowledged by the Fund. Upon receipt of a complaint, the matter will be investigated, and action initiated to
resolve the matter. A written response will be made as soon as possible but within the timeframes prescribed by superannuation
legislation.
For any complaint that is unable to be resolved to your satisfaction, or if you do not receive a response within the legislative
timeframes (45 days from the date of making your complaint where the complaint was made on or after 5 October 2021 and 90 days
for complaints received prior to 5 October 2021 and for any complaint relating to a Death Benefit), the government has established
an independent body, the Australian Financial Complaints Authority (AFCA). AFCA’s contact details are:
Online: www.afca.org.au
Email: info@afca.org.au
Phone: 1800 931 678 (free call)
Mail: Australian Financial Complaints Authority
GPO Box 3
Melbourne VIC 3001
Time limits may apply to complain to AFCA. You should act promptly or otherwise consult the AFCA website to find out if or when
the time limit relevant to your circumstances expires.
Cruelty Free Super
1 July 2020 to 30 June 2021
Disclaimer
This statement does not describe all of the conditions affecting the amount and availability of benefits and is not a promise of any
particular benefit. All benefits are determined in accordance with the Trust Deed, any applicable insurance policy and government
legislation. This statement has been prepared without taking into account your personal objectives, financial situation or needs.
While every effort is made to ensure that the information in this statement is correct, you should consider obtaining advice before
acting on any of the information contained within and seek updated information where relevant. The Trustee reserves the right
to correct any error or omission. Please advise the Member Services Team (details provided above) should any of your personal
details appear incorrect.

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1300 022 762 | hello@crueltyfreesuper.com.

Private & Confidential

RE: Your Annual Statement

Your Membership Details

Your Account Summary

Access to your Money

Your Preserved Benefit $4,201.25

Investment Information as at 30 June 2021

Investment Option No. of Units Unit Price Price Date Value

Investment Performance as at 30 June 2021

Investment Strategy 1 year to 5 year 10 year Since Inception

Your Insurance Cover

You currently do not hold insurance cover in the Fund.

The below information is correct as at the date of issue of this statement.

Name Relationship Share Type of Nomination Expiry Date

Your Transaction History

Fee Rebates Tax Amount

Employer (including Salary Sacrifice) Contributions Tax Amount

Government Contributions Tax Amount

Fees* Tax Amount

Benefits Paid Tax Amount

Total Fees and Costs You Paid

Indirect Costs of Your Investment

Other Fees of Your Investment

Total Fees You Paid

Additional Explanation of Fees and Costs

Indirect Costs of Your Investment

Cap on Certain Fees

Tax File Numbers (TFN)

Member Services Team

Telephone: 1300 096 631

Enquiries and Complaints

The Enquiries and Complaints Officer

Telephone: 1300 096 631

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