Wholesale Investors

Do you qualify as a wholesale investor?

If you are investing less than $500,000 additional documentation will be required to certify that you are a Wholesale Investor in the form of one of the following:

A qualified accountant’s certificate (issued within the last 2 years) certifying that the applicant has either:

• net assets of at least A$2.5 million (including the net assets of any company or trust controlled by the applicant), or
• a gross income for each of the last two financial years of at least A$250,000 (including the gross income of any company or trust controlled by the applicant)

The applicant Investor is a Company, SMSF or a Trust controlled by persons who meet the above criteria.

You are a “professional investor”.

This means that you meet one of the following categories and are:

• An Australian Financial Services licensee
• A person who has or controls gross assets of at least $10 million (including assets held by an associate or under a trust that the person manages).
• A body regulated by APRA (other than a trustee of a superannuation fund, an approved deposit fund, a pooled Superannuation fund or a public sector superannuation scheme). This category generally includes banks, credit unions, general insurance companies, life insurance companies and friendly societies.
• A body registered under the Financial Corporations Act 1974.
• A listed entity or a related body corporate of a listed entity.
• An exempt public authority.