Market Specifications – Investment Funds – Australia
Fund setup
Please note that the customer should always provide the APIR and/or Australia (AU) ISIN code where known when requesting for fund setup.
Fund processing
Stapled security fund types are processed via VestimaPrime.
Dividend Processing
Please note that CBL will not round up the dividend rate to 6 decimal places. CBL will allow for up to 12 decimal places for the dividend rates of Australia domiciled funds.
Disclaimer
The information contained in the Market-specific Specifications is based on the market practice that CBL was made aware of from different sources and CBL's requirements. This is not intended to be a comprehensive guide of all local market practices, and CBL disclaims any responsibility as to the accuracy and completeness of the information. Where there is discrepancy between the information provided by CBL and the local laws and regulations, the latter shall prevail. The Market-specific Specifications do not constitute legal advice and customers should seek advice from independent professional counsel.
Customers are responsible for ensuring compliance with the Market Specifications (where applicable) and agree to indemnify and hold harmless CBL for any loss, expense, liability, damage or claims, whether direct or indirect, against or incurred by CBL arising out of or resulting from such non-compliance.