Liberty Fiduciary Ltd

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:

non-cash payment products;

interests in managed investment schemes limited to:

own managed investment scheme only; 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:

derivatives;

foreign exchange contracts;

interests in managed investment schemes excluding investor directed portfolio services; and

securities; 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 including:

basic deposit products;

deposit products other than basic deposit products; and

non-cash payment products;

derivatives;

foreign exchange contracts;

general insurance products;

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

interests in managed investment schemes excluding investor directed portfolio services; and

securities; and

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

schemes which only hold the following types of property:

derivatives;

financial assets; and

mortgages;

to retail and wholesale clients.