Target Market Determinations

Who are our products made for?

As an Issuer and Distributor of financial products, we are required to comply with Design and Distribution Obligations. This means that we must identify an appropriate target market and take reasonable steps to ensure that our products meet the needs of this defined target market.

In the table below you will find our Target Market Determinations for each product, which outline:

  • The class of customers who comprise the product’s target market
  • Any conditions and restrictions on how the product can be distributed to customers
  • Events or circumstances that will require Hume Bank to review the Target Market Determination for a financial product.
  • Information that third party distributors must provide Hume Bank (for some products)

As always, we are committed to providing you with products or services tailored to suit your needs. Please note that a Target Market Determination does not replace the Terms and Conditions or Disclosures made in a Product Disclosure Statement (PDS). You should continue to refer to the PDS before deciding on what a financial product will best suit your needs.

Which products and services are covered by these obligations?