Learn more about the sole purpose test and what it means to your SMSF investments
Definition of a Wholesale Investor
Under Section 761G(7)(c) of the Corporations Act 2001, a Wholesale Investor if defined as a person who:
* The net assets or gross income of the Applicant include:
When determining the net assets or gross income of a person who controls a corporate or trust investor, the net assets or gross income of any other company or trust controlled by that person may be included. The term “control” is defined in Section 50AA of the Corporations Act.
Terms and Conditions
The investment information provided in the Wholesale Investor Portal are not an offer for investment and does not constitute financial product advice. The recipient should request an offer document and consider obtaining independent advice before making any financial decisions.
All material presented has been prepared for wholesale investors only as defined in chapters 6D and 7 of the Corporations Act 2001 (Cth). The information in this portal is provided for your information. The information contains general information and does not take into account any person’s particular objectives, financial situation, circumstances and needs. You should read the disclosure document provided in its entirety before making a decision to invest.
Mazars Wealth Strategists Authorised Representative (number 1243573) of Libertas Financial Planning AFSL 429718 may receive a percentage of the application money from investors who make an investment, acquire units in a Fund or Company listed in the Wholesale Investor Portal. These arrangements are factored into distribution costs and are paid by the issuer, they are not a direct additional expense to the investor.