Holding Restrictions - Investment Funds - Australia

31.01.2018

Restrictions on customers

Australia-domiciled customers (CBL’s customers, not the ultimate beneficial owners) are not allowed to hold Australian investment funds on the Register market through CBL. It is the responsibility of the customer to ensure compliance with the restriction.

Certain funds may impose specific restrictions on investor domicile. CBL may also not be able to hold some Australian funds for international domiciled customers, depending on the individual Australian fund manager’s requirements. Customers must refer to and abide by the restrictions (if any) contained in the fund prospectus before entering into transactions.

Restrictions on settlement

There is no general restriction on settlement, however certain funds may impose specific settlement/transfer restrictions. Customers must refer to and abide by the restrictions (if any) contained in the fund prospectus before entering into transactions.