APOSTLE FUNDS MANAGEMENT PTY LIMITED

This licence authorises the licensee to carry on a financial services business to:
(a) provide financial product advice for the following classes of financial products:
(i) derivatives;
(ii) foreign exchange contracts;
(iii) debentures, stocks or bonds issued or proposed to be issued by a government;
(iv) interests in managed investment schemes excluding investor directed portfolio services;
(v) securities;
(vi) superannuation;
(vii) Australian carbon credit units; and
(viii eligible international emissions units; and
(b) deal in a financial product by:
(i) issuing, applying for, acquiring, varying or disposing of a financial product in respect of the following classes of financial products:
(A) derivatives; and
(B) foreign exchange contracts; and
(ii) 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:
(A) interests in managed investment schemes excluding investor directed portfolio services; and
(B) securities; and
(iii) applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products:
(A) deposit and payment products limited to:
(1) basic deposit products;
(2) deposit products other than basic deposit products;
(B) derivatives;
(C) foreign exchange contracts;
(D) debentures, stocks or bonds issued or proposed to be issued by a government;
(E) interests in managed investment schemes excluding investor directed portfolio services;
(F) securities;
(G) superannuation;
(H) Australian carbon credit units; and
(I) eligible international emissions units;
(c) make a market for the following financial products:
(i) derivatives;
(ii) Australian carbon credit units; and
(iii) eligible international emissions units; and
(d) provide the following custodial or depository services:
(i) operate custodial or depository services other than investor directed portfolio services;
to wholesale clients.