Target Market Determinations

Design and Distribution Obligations (DDO) Target Market Determinations (TMD)

Design and Distribution Obligations (DDO)

Product issuers and distributors across many financial product categories including managed funds are subject to the ‘Design and Distribution Obligations’ (DDO) regime from the Australian Securities and Investments Commission (ASIC).

The essence of the DDO regime is to ensure financial products are designed for consumers’ requirements and are distributed to investors for whom they have been designed. The regime imposes a range of obligations on both product issuers and distributors.

TMDs are the key element of DDO. Product issuers are obliged to:

Identify a target market of consumers, and design products suitable for that target market; and
Monitor consumer outcomes and review products to ensure that consumers are receiving products that are likely to align to their likely objectives, financial situation and needs.

Issuers and distributors must take ‘reasonable steps’ to ensure those products reach consumers in that target market.

Platinum’s TMDs are available below.

Target Market Determinations (TMD)

Platinum International Fund

Platinum Global Fund (Long Only)

Platinum Asia Fund

Platinum European Fund

Platinum Japan Fund

Platinum International Brands Fund

Platinum International Health Sciences Fund

Platinum International Technology Fund

Platinum Global Fund

Platinum International Fund (Quoted Managed Hedge Fund)

Platinum Asia Fund (Quoted Managed Hedge Fund)

Platinum Global Transition Fund (Quoted Managed Hedge Fund)

Reporting Requirements
For ‘Reporting’ on Complaints and Significant Dealings by platforms and advisory dealer groups, please utilise the FSC format and send this information to: [email protected]