Greater investment choice for your wholesale clients

Platform updates

20 May 2019

We’re excited to let you know that with the introduction of IM funds, we’re expanding the investment opportunities available for your wholesale/sophisticated wrap investment clients.

What are IM funds?

IM funds are managed funds that are issued via an information memorandum (IM) rather than an offer document or prospectus.

IM funds are usually offered by specialist investment managers providing access to asset classes and investments not accessible to retail investors.

Who are IM funds available to?

IM funds are available to wholesale investment wrap clients. These funds are available to invest through our Macquarie Investment Manager and Investment Consolidator products.

Wholesale clients are also known as ‘sophisticated’ investors and is defined in the Corporations Act 2001 (Cth) as a person or entity that has obtained a qualified accountant’s certificate stating they have net assets of $2.5 million or has a gross income for each of the last two financial years of at least $250,000.

We’ve created an IM funds flyer to assist you with understanding the wholesale investor test and what needs to be considered. This flyer also outlines our acceptance criteria and our robust risk framework when considering if a client is wholesale, to ensure IM funds are an appropriate investment choice for your clients.

Keep an eye on the upcoming IDPS investment menu for approved IM funds on Macquarie Wrap. To begin with, our menu will include six IM funds and we expect to add to this in the coming months.

Need help?

Speak to your Macquarie representative to discuss our new IM Fund options and additional IM Funds you wish for us to review.

Share this

If you enjoyed reading this article, why not share it?

Simply copy and paste the text and include a link to the article. Please read the Expertise Articles Terms of Use before sharing.

Related articles


Subscribe to our monthly newsletter

We bring you technical updates, financial insights and industry expertise.

Newsletter shown on desktop, ipad and mobile
Thank you for subscribing.
There seems to be an error with your request, please contact us.

Simply fill out your details below:

The information you provide on this form will be retained and handled by Macquarie in accordance with our Privacy Policy and we may contact you about products or services we feel may be of interest to you. If you do not wish to provide all details or receive information of this nature, please phone us on 13 62 96.

Find out how we can help

If you'd like to speak to a specialist about how we can help build your business, get in touch.