Wholesale Criteria
The term “Wholesale Investor” is defined in the Financial Markets Conduct Act 2013 (the “Act”).
I am a wholesale investor if I meet one or more of the below categories:
My net assets, combined with the assets of entities I control, exceeded $5 million as at the last day of each of the 2 most recently completed financial years, or the total consolidated turnover of me and the entities I control exceeded $5 million in each of the 2 most recently completed financial years. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(c) of Schedule 1 to the Act on these grounds.
I own, or at any time during the 2 year period immediately before giving this certificate have owned, a portfolio of specified financial products (as defined in clause 38 of Schedule 1 to the Act) of a value of at least $1 million (in aggregate). I certify that I am a Wholesale Investor within the meaning of clause 3(2)(b) of Schedule 1 to the Act due to meeting the investment activity criteria specified in clause 38 of Schedule 1 to the Act on these grounds.
I have, during the 2 year period immediately before giving this certificate, carried out 1 or more transactions to acquire specified financial products (as defined in clause 38 of Schedule 1 to the Act) where the amount payable under those transactions (in aggregate) is at least $1 million and the other parties to the transactions were not associated with me. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(b) of Schedule 1 to the Act due to meeting the investment activity criteria specified in clause 38 of Schedule 1 to the Act on these grounds.
My principal business consists of investing in financial products. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(a) of Schedule 1 to the Act due to being an investment business as specified in clause 37 of Schedule 1 to the Act on these grounds.
My principal business consists of providing a financial adviser service (within the meaning of section 9 of the Financial Advisers Act 2008) in relation to financial products. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(a) of Schedule 1 to the Act due to being an investment business as specified in clause 37 of Schedule 1 to the Act on these grounds.
My principal business consists of providing a broking service (within the meaning of section 77B of the Financial Advisers Act 2008) in relation to financial products. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(a) of Schedule 1 to the Act due to being an investment business as specified in clause 37 of Schedule 1 to the Act on these grounds.
My principal business consists of trading in financial products on behalf of other people. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(a) of Schedule 1 to the Act due to being an investment business as specified in clause 37 of Schedule 1 to the Act on these grounds.
Within the last 10 years immediately before giving this certificate, I’ve been employed or engaged in an investment business and, for at least 2 years during that 10 year period, I participated to a material extent in the investment decisions made by the investment business. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(b) of Schedule 1 to the Act due to meeting the investment activity criteria specified in clause 38 of Schedule 1 to the Act on these grounds.
I’m a QFE or an authorised financial adviser. I certify that I am a Wholesale Investor within the meaning of clause 3(2)(a) of Schedule 1 to the Act due to being an investment business as specified in clause 37 of Schedule 1 to the Act on these grounds.
If I choose to invest in an offer presented by AFS, I intend to invest at least $750,000.