Terms & Conditions
The BetaShares ETFs Student Grant is run by BetaShares Capital Ltd and as a condition of entry to the competition to determine the winner of the Grant, the entrant (“You”) will be bound by the following Terms and Conditions.
BetaShares – one of Australia’s leading ETF managers – is offering the chance for a chosen recipient to receive $3,000 towards institutional costs or resources to assist with their studies, as well as the chance, at BetaShares’ discretion, to have their work featured in the Insights section of the BetaShares website and social media posts.
This ETFs Student Grant offers BetaShares the opportunity to showcase the exceptional intelligence and innovative thinking which Australian university students are able to manifest into realistic solutions for one of the world’s fastest growing and disruptive investment products.
Chance plays no part in determining the winner. Each entry will be individually judged, and the winner will be chosen based on merit.
In these Terms and Conditions, “Grant” refers to the monetary prize to be awarded to the winner of this competition and “Grant program” refers to the competition to the determine the winner of the Grant.
- The promoter is BetaShares Capital Ltd (ACN 139 566 868 / AFS Licence 341181) of Level 11, 50 Margaret Street, Sydney NSW 2000 (“Promoter”, “We”, “Us”).
- The Promoter is a leading Australian issuer of exchange traded funds (“ETFs”) and other funds that are traded on the Australian Securities Exchange. Please visit our website www.betashares.com.au for more information about Us, our funds and educational material about ETFs.
- To apply for the BetaShares ETFs Student Grant, You must submit a piece of work (maximum 1,000 words) that will provide insight into a new ETF You recommend that BetaShares should consider creating
- Each application should be prefaced with the following:
- A short outline of what You study and how this scholarship is relevant to your faculty of study (if not business or finance
- A personal statement as to why You believe You should receive the scholarship, e.g. financial hardship, strong academic results, career ambitions etc.
- The proposed piece of work for your entry must include all of the following components:
- A detailed description of the ETF strategy You are recommending, including details of a proposed investment methodology;
- Details of why You believe such an ETF will have demand from Australian investors in the ETF marketplace and which target markets You would expect this to be popular in;
- Information that indicates that this product is unique/not currently offered in the Australian ETF market;
- Where possible, information as to how You think this investment strategy will perform in various market conditions; and
- An example marketing/distribution strategy by which to sell this ETF to investors
- All applicants must be either an Australian citizen or Australian permanent resident, enrolled full-time in an accredited Australian tertiary education institution and have at least one year of study remaining to complete their degree
- Directors and employees of the Promoter and its related companies and their immediate family members are ineligible to enter
How to enter
- Eligible entrants must submit their entry during the Entry Period (defined below under “When to enter”) by submitting their entry by email to: firstname.lastname@example.org
- Entries must include:
○ Your full name.
○ The details of your tertiary education institution, your area of study and the name of your course. This information will be validated at the Promoter’s discretion
○ Contact details including your email address and phone number
- An entry must be the entrant’s original work. If an entry is found to be plagiarised, whether wholly or partly, it will be treated as invalid. This clause operates despite any communication of the result of the competition
- Entries must be typed in English and submitted in PDF or Word format
- There is no entry fee
When to enter
- The entry period commences on 29 June 2020 at 09:00am and closes 11 June 2021 at 23:59pm (“Entry Period”). All times noted in these Terms and Conditions are based on Sydney, Australia time
- Each piece of work will be assessed on the level of creativity; level of research; the clarity of expression; accuracy of information; presentation and commercial potential of the idea. Personal statements will also be considered as part of the selection criteria
- The winner of the Grant will be selected on the basis of the best written entry by a panel of judges selected by the Promoter. Judging with take place from 4 June 2020, at Level 11, 50 Margaret St, Sydney NSW 2000
- The Promoter may select additional entries to be used as replacements in the event that the first entrant chosen as a winner cannot satisfy these Terms and Conditions or take the Grant
- The winner will be notified by email and their name will be published on our website www.betashares.com.au on 26 June 2020
Number of Entries permitted
- Eligible entrants can only enter once and in their own name
- Total Grant value is AUD $5,000. This will be paid by the Promoter directly to the Australian bank account provided by the eligible winner
- If the Promoter is unable to contact the winner to claim the Grant within six weeks of the announcement of the winner, the winner will forfeit the Grant in its entirety and it shall be awarded to the next runner up in the program
Further Terms and Conditions – General
- The entrant agrees and acknowledges that they have read these Terms and Conditions and that entry into the Grant program is deemed to be acceptance of these Terms and Conditions, in full
- Any eligible entrant who, in the opinion of the Promoter, tampers or interferes with the entry mechanism in any way, engages in any unlawful or improper conduct which jeopardises, or is likely to jeopardise, the fair or proper conduct of the program, or who does not properly comply with the entry process, will be ineligible to receive the Grant or enter further similar programs run by the Promoter
- If this Grant program is interfered with in any way or is not capable of being conducted as reasonably anticipated due to any reason beyond the reasonable control of the Promoter, the Promoter reserves the right, in its sole and absolute discretion and to the fullest extent permitted by law to: (a) disqualify any entrant or claimant; or (b) modify, suspend, terminate, or cancel the Grant program, as appropriate
- The Promoter reserves the right in its sole discretion to disqualify any individual who the Promoter has reason to believe has breached any of these Terms and Conditions, or engaged in any unlawful or other improper misconduct calculated to jeopardise the fair and proper conduct of the Grant program
- The Promoter reserves the right to not select any winner if a suitable entry that meets all the criteria and accords with these Terms and Conditions cannot be found
- All entrants must only submit their own original work. Any such work cannot be previously published in any forum worldwide. All entries become the property of the Promoter and cannot be returned. Entries that are found to have been derived from a third party will be considered invalid and, if awarded the Grant, the Grant value must be returned to the Promoter
- The Promoter reserves the right to use the product ideas contained in the winning entry in the course of its business, including in connection with the development, establishment, operation and promotion of ETF products. In consideration of the Grant, You acknowledge and agree that all copyright and other intellectual property rights (“IP Rights”) in the winning entry are and shall be the property of the Promoter, and You hereby assign to the Promoter all IP Rights in such works
- The Promoter reserves the right, at any time, to validate and check the authenticity of entries and entrant’s details (including an entrant’s identity and tertiary education enrolment). In the event that a winner cannot provide suitable proof, the winner will forfeit the Grant. Incomplete, indecipherable, incorrect and illegible entries, as applicable, will at the Promoter’s discretion be deemed invalid. Entries containing offensive or defamatory comments, or which breach any law or infringe any third-party rights, including intellectual property rights, are not eligible to win
- The judges’ decision in relation to any aspect of the Grant program is final and binding on each person who enters. Chance plays no part in determining any winner. No correspondence will be entered into. No responsibility is accepted for late, lost or misdirected entries
- The Promoter reserves the right to amend these Terms and Conditions if this Grant program cannot be run as originally planned
- The entrant will participate in and co-operate as required with all reasonable marketing and editorial activities relating to the program, including (but not limited to) being recorded, photographed, filmed or interviewed and acknowledges that the Promoter may use any such marketing and editorial material without further reference or compensation to them
- The Promoter accepts no responsibility for any tax implications and the entrant must seek their own independent financial advice in regard to the tax implications relating to the Grant or acceptance of the Grant
- Failure by the Promoter to enforce any of its rights at any stage does not constitute a waiver of these rights
- The competition and these terms and conditions are subject to and governed by the laws of New South Wales
Any questions regarding the BetaShares ETFs Student Grant should be directed to: email@example.com