Bonus Program

Super Obvious Bonus Units Program Terms and Conditions

The Super Obvious Bonus Units Program (Bonus Units Program) is a promotional offer made by Super Obvious Pty Ltd (ABN 93 646 093 012) (Super Obvious), an authorised representative of Ellerston Capital Limited (ABN 34 110 397 674, AFSL 283 000) (Ellerston Capital). The Bonus Units Program is made in relation to the Super Obvious Everest Fund (ARSN 159 465 157) (the Fund). Ellerston Capital is the responsible entity and issuer of the Fund. Before making a financial decision, you should read the Fund’s Product Disclosure Statement, Additional Information to the Product Disclosure Statement and Target Market Determination (all available at and consider whether the product is right for you and whether you should obtain advice from a professional financial adviser.

You should carefully read these terms and conditions before participating in the Bonus Units Program. By participating in the Bonus Units Program, you are taken to have read and agreed to these terms and conditions.

Last updated: 30/06/2023

Eligibility to Bonus Units

The Bonus Units Program is open only to Australian tax residents over the age of 18.

To be eligible for any Bonus Units offered under the Bonus Units Program, an investor must:

  • (for new investors), Open a Super Obvious account;
  • Insert a Promotional Code in the ‘investment’ page during the Promotional Period; and
  • Make a one-off investment equal to or more than the Minimum Amount during the Promotional Period.
(Eligibility Criteria)

Bonus Units

By participating in the Bonus Units Program, you may be entitled to receive additional Class X Units in the Fund (Bonus Units). The Bonus Units are only available during the Promotional Period. Investments made that do not meet Eligibility Criteria will not be eligible for the Bonus Units.

If your investment meets the Eligibility Criteria, your Bonus Units will be given to you within 10 business days of meeting the Eligible Criteria. The number of units you receive will be determined by the unit price on the day on which the Bonus Units are processed and issued to you. As the unit price may vary, investors who participate in the same promotion may receive different amounts of Bonus Units.

Concurrent promotions

Super Obvious may offer more than one promotion during a Promotional Period under the Bonus Units Program. Investors who wish to participate in more than one promotion during a Promotional Period under the Bonus Units Program must make separate investments for each promotion offered.


Investors are limited to participating in each promotion during a Promotional Period once. Only one Promotional Code can be applied to each one-off investment application. Notwithstanding such restriction, in the event a payment failure occurs, an investor may apply the Promotional Code again.

General Terms and Conditions

We reserve the right to extend, amend or withdraw the Bonus Units Program without notice at any time at our sole discretion.

You acknowledge that you do not represent us or any of our related bodies corporate. You must not make any misrepresentations or engage in any misleading or deceptive conduct or make any misleading or deceptive statements about Super Obvious, the Fund or any of our related bodies corporate. You must not, and we do not authorise you to, otherwise market or promote the Bonus Units Program or the Fund through paid advertising or to the public at large. 

You agree to only participate in our Promotional Bonus Offers for lawful purposes and you must act in good faith. You must not:

  • participate in the Bonus Units Program in any way that is unlawful or fraudulent or has any unlawful or fraudulent purpose or effect; 
  • or otherwise attempt to circumvent these terms and conditions.  


By participating in the Bonus Units Program, you agree to us handling your personal information in accordance with our Privacy Policy. 

Limitation of Liability

We will not be liable for any injury, loss or damage of any nature whatsoever which is suffered as a result of the Bonus Units Program.

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Super Obvious acknowledges the Traditional Custodians of the lands on which we operate and pay our respects to Elders, past, present and emerging. We recognise the enduring relationship First Nations peoples have with the country and that sovereignty was never ceded.