What is a Target Market Determination?

A Target Market Determination (TMD) describes the type of customer a product is designed for, how the product can be distributed, and when the TMD will next be reviewed (generally every one to two years).

Why do we need TMDs?

We're required to have TMDs under the Treasury Laws Amendments (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This framework ensures that we have a customer-centric approach to how we design, market and distribute our financial products. You should also consider our General Terms, your personal position, objectives, financial situation and needs before deciding if this product is right for you.

Current TMDs

TMDs for our current products and products no longer offered can be downloaded as PDFs below.