A Target Market Determination (TMD) sets out the class of consumers for whom the product, including its key attributes, would likely be consistent with their likely objectives, financial situation and needs and describes matters relevant to the product’s distribution and review.
The TMDs have been prepared by the responsible entity, Perennial Investment Management Limited ABN 13 108 747 637, as part of its design and distribution obligations. The design and distribution obligations require issuers and distributors of financial products to develop and maintain effective product governance arrangements for the purpose of achieving improved outcomes for consumers of these products. The aim is to ensure that consumers obtain products that are likely to be consistent with their objectives, financial situation and needs.
Please make sure you read the relevant TMD and Product Disclosure Statement carefully before making a decision to invest.
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