What is a Target Market Determination (TMD)?
It’s a document that describes the type of customer who may suit one of our products, and the conditions and circumstances for how the product can be distributed. It also outlines when each TMD will need to be reviewed (generally every 1 to 2 years).
Why do we need Target Market Determinations?
We're required to have Target Market Determinations under the Treasury Laws Amendments (Design and Distribution Obligations and Product Interventions Powers) Act 2019. This framework ensures that we have a customer-centric approach to how we design, market and distribute our financial products. You should also consider our General Terms and the Product Disclosure Statement (if applicable), your personal position, objectives, financial situation and needs before deciding if this product is right for you.
Current Target Market Determinations
The current Target Market Determinations (TMD) for our products can be downloaded as a PDF using the below links. As Target Market Determinations are reviewed regularly, all archived Target Market Determinations are made available for reference.
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Archived Target Market Determinations
Target Market Determinations (TMD) are reviewed regularly. When a new version is provided, the archived TMD will be made available for reference.