Praemium Australia Limited

This licence authorises the licensee to carry on a financial services business to:

provide general financial product advice for the following classes of financial products:

deposit and payment products limited to:

basic deposit products;

deposit products other than basic deposit products;

derivatives;

debentures, stocks or bonds issued or proposed to be issued by a government;

interests in managed investment schemes including:

investor directed portfolio services; and

securities;

deal in a financial product by:

issuing, applying for, acquiring, varying or disposing of a financial product in respect of the following classes of financial products:

interests in managed investment schemes including:

investor directed portfolio services; and

arranging for another person to issue, apply for, acquire, vary or dispose of a financial product in respect of the following classes of financial products:

superannuation; and

applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products:

deposit and payment products limited to:

basic deposit products;

deposit products other than basic deposit products;

derivatives;

debentures, stocks or bonds issued or proposed to be issued by a government;

interests in managed investment schemes including:

investor directed portfolio services; and

securities;

operate the following kinds of registered managed investment schemes (including the holding of any incidental property) in its capacity as responsible entity:

"Separately Managed Accounts" scheme (ARSN: 114 818 530),

a scheme which only holds the following types of property:

financial assets; and

"Powerwrap Scheme" scheme (ARSN: 137 053 073),

an IDPS-like scheme; and

provide the following custodial or depository services:

operate investor directed portfolio services (each of which is referred to as the IDPS);

to retail and wholesale clients.