You need to be classified as a wholesale investor in order to access our investment offering. Becoming classified as a wholesale investor may be appropriate for you if you are an experienced investor and able to make informed investment decisions. Wholesale investors generally need to be able to assess the risks involved in financial transactions because the advice process and compliance obligations differ significantly. It is important that you understand the difference between being classified as a wholesale investor and a retail client.
Wholesale investors are not required to receive a Financial Services Guide (FSG), Statement of Advice (SOA) or Product Disclosure Statement (PDS) from their advisor, whereas retail clients must be provided with these documents.
Compared to retail clients, wholesale investors are generally not provided with the same level of consumer protection, as set out in the Future of Financial Advice (FOFA) reforms.
National Australia Bank Limited (ABN 12 004 044 937, AFSL 230686) (“NAB”). Despite the use of the words “Citi”, “Citibank”, “Citigroup”, “Citigold” and similar words and/or logos, the services and products described are provided by NAB. NAB has acquired the business relating to these services and products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL 238098) (“Citi”) and has appointed Citi to provide transitional services.
Our/us/we means NAB unless the context otherwise requires it.
“Citi”, “Citibank”, “Citigroup”, the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.