sophisticated investor, wholesale client

Sophisticated Investor/Wholesale Client

Who/what is Sophisticated Investor/Wholesale Client?

A Sophisticated Investor/Wholesale Client is a person/entity with a certificate from a qualified accountant confirming that they meet prescribed financial criteria specified in the Corporations Act. Registration as a Sophisticated Investor/Wholesale Client provides the investor an exemption, under the Corporations Act 2001, which enables them to evaluate investment opportunities without being provided disclosure documents such as a Prospectus or Product Disclosure Statement (PDS). This facilitates access to investment opportunities not generally available to retail investors, such as pre-IPO capital offers, ' Wholesale’ IPOs, equity placements, and Fixed Interest Securities.

How to qualify

To qualify as a Sophisticated Investor/Wholesale Client you must supply to Marketech a Sophisticated Investor/Wholesale Client Certificate (template available for download below), completed by your accountant, confirming that you have:

  1. Net Assets of at least $2.5 million; or
  2. Gross income of at least $250,000 per year for the last two financial years.
What are the risks?
  1. You'll need to make your own evaluation of investment opportunities without being provided disclosure documents such as a Prospectus or Product Disclosure Statement (PDS).
  2. You'll need to consider the risks of specific asset classes and investment opportunities that are made available to you.
  3. You’ll make investment decisions without the same protections as Retail clients where the risk is entirely borne by you.
  4. You may also have limited access to complaint resolution processes including the Australian Financial Complaints Authority. 
What if I don't qualify?

No problem.  Marketech will continue to provide investment opportunities for retail clients, including IPOs and equity placements where a Prospectus or PDS is provided.



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