AFSL definition

AFSL means an Australian financial services licence granted under section 913B of the Corporations Act.
AFSL means an Australian financial services licence as defined in section 761A of the Corporations Act and is issued by the Australian Securities & Investments Commission;

Examples of AFSL in a sentence

  • AFSL means the Australian Financial Service Licence held by Prospero Markets Pty Ltd (AFSL No: 423034).


More Definitions of AFSL

AFSL means an Australian Financial Services Licence granted by ASIC pursuant to section 913B of the Corporations Act.
AFSL means Australian Financial Services Licence number;
AFSL means an Australian Financial Services Licence issued to financial planners and financial services industry corporations by the Australian Securities and Investments Commission;
AFSL means Australian Financial Services Licence under which DMP is authorised to provide financial services.
AFSL means an Australian financial services licence issued by ASIC. 'Application Form' means the application form in the Hyperion Equities Funds - Fund Forms document. ‘ASIC’ means Australian Securities & Investment Commission. 'Australian Equities' means Australian shares - listed and unlisted. ‘Business Day’ means a day on which banks are open for general banking business in Brisbane, Queensland and Sydney, New South Wales, Australia but excluding Saturday, Sunday and public holidays. 'Buy/Sell Spread' means the difference between the entry and exit price for a Fund, relating to transaction costs. It is a set, average percentage amount paid by Investors when they transact. ‘Cash and Equivalent’ means deposits and securities issued by banks, approved deposit institutions and money market corporations with term to maturity no greater than 60 days. ‘Corporations Act’ means the Corporations Act 2001 and Corporations Regulations 2001. 'Financials' includes companies operating in the following industries: banks, diversified financials, insurance and real estate. ‘Fund’ all references to ‘Fund’ in this document correspond to the Hyperion Equities managed fund in connection with whose PDS you are reading with this document. ‘Fund Administrator and Custodian’ means RBC Investor Services Trust ABN 75 116 809 824, AFSL No 295018. ‘Fund Forms’ means the Hyperion Equities Funds – Fund Forms document - which incorporates all the necessary forms required for applying to or redeeming from Hyperion Equities Funds. It includes a section on Frequently Asked Questions for your assistance also. ‘Gross Asset Value (GAV)‘ means the market value of a Fund’s assets determined in accordance with the Constitution and applicable accounting standards. 'Hyperion' means Hyperion Asset Management Limited ABN 80 080 135 897,AFSL No. 238380. 'Hyperion Equities Funds' or 'Funds' includes Hyperion Australian Growth Companies Fund ARSN 089 548 443 Hyperion Small Growth Companies Fund ARSN 089 548 943 ‘Illiquid’ means that a Fund has liquid assets that amount to less than 80% of the Fund’s assets having regard to Section 601KA of the Corporations Act. 'Initial investment' means an Investor's initial investment which requires the opening of a new Fund account. 'Investment Manager' means Hyperion Asset Management Limited ABN 80 080 135 897,AFSL No. 238380.
AFSL means an Australian financial services licence granted by the Australian Securities and Investments Commission (ASIC), the regulatory body which licenses and supervises our business.