The term Wholesale client is used to describe investors who meet the criteria of a Wholesale client under the Corporations Act 2001. A client who meets the financial criteria specified in the Corporations Act and applies to be included as a Wholesale client in the NAB Wholesale Investor Register may be required to evaluate offers of securities and financial products without the usual protection of regulated disclosure documents such as Product Disclosure Statements (PDS). Placements and unlisted corporate bonds are issued only to Wholesale clients.
To qualify as a Wholesale client, individuals and entities can qualify as one of the investor types outlined below:
1. Professional investor - Demonstrate that you have or control gross assets totalling $10 million or more (self-certification)
2. Sophisticated investor - provide a certificate from your accountant confirming that you have:
- Net assets of at least $2.5 million; or
- Gross income of at least $250,000 per year for the last two financial years.
If you qualify under any of the criteria above, please call us on 13 13 80 or complete the expression of interest form and we will call you at your convenience.