Accessible Investments definition
Accessible Investments means assets made available through the Service by the Operator which the Operator is directed or authorised by the Client to hold on behalf of the Client. Account, in respect of the Client, means the Assets held by the Operator on behalf of the Client as part of the Service. It includes cash held on behalf of the Client in an account with an Australian ADI or cash management trust and interests held in any common fund or other cash- type investment as determined by the Operator from time to time on behalf of the Client but does not include any cash held in an account of the kind referred to in clause 4.4(a)(1).
Accessible Investments means assets that may be held through an IDPS, including accessible securities and accessible financial products.
Examples of Accessible Investments in a sentence
The deposit of Contributions, and any income received from the Client’s Accessible Investments, into a trust account that complies with IDPS Policy.
The investment in, or acquisition of, any Accessible Investments in accordance with an Investment Instruction from the Client.
The redemption, sale, other disposal or transfer of Accessible Investments held in the Client’s Account in accordance with an Investment Instruction or, if permitted by clause 6, in accordance with the Operator’s discretion, acting reasonably.