Institutional clients
Intermede Investment Partners Limited (“Intermede”) is exempt from the requirement to hold an Australian financial services licence under the Corporations Act in respect of the financial services it provides.
The information contained herein does not constitute an offer or solicitation to subscribe for securities and does not constitute financial or investment advice.
Intermede is part of the IOOF group of companies (comprising IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate) (“IOOF Group”). None of MLC Asset Management Pty Limited, MLC Asset Management Holdings Limited ABN 16 134 158 517 nor any other member company in the IOOF Group accepts any liability for or provides any guarantee in respect of the activities of Intermede or guarantees the capital value, payment of income or performance of any financial product referred to in this website.
The capital value, payment of income and performance of any financial product referred to in this website or an investment in any product offered by Intermede or any other member of the IOOF Group is not guaranteed. An investment in any such financial product is subject to investment risk, including possible delays in repayment of capital and loss of income and principal invested.
Explanation of investor types
A retail client is any client who does not classify as a “wholesale client” under the Corporations Act 2001 (“Corporations Act”). A wholesale client includes:
A person or entity that has obtained a qualified accountant’s certificate stating they have net assets of at least AUS $2.5 million, or a gross income for each of the last two financial years of at least AUS $250,000. The certificate lasts for two years before it needs to be renewed.
A professional investor, which includes, among others, financial services licensees, bodies regulated by Australian Prudential Regulation Authority (“APRA”), superannuation funds, as well as a person or entity who controls gross assets of at least AUS $10 million (including any amount held by an associate or under a trust that the person manages).