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just to check if this afsl can issue funds (backed by loans, mortgage or properties)as well as acting as manager. this afsl does not have dealing in securities.
This licence authorises the licensee to carry on a
financial services business to:
(a) provide general financial product advice
only, for the following classes of financial
products:
(i) interests in managed investment
schemes excluding investor directed
portfolio services;
(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) interests in managed investment
schemes limited to:
(1) own managed investment
scheme only; and
(ii) 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;
(B) general insurance products; and
(C) interests in managed investment
schemes excluding investor
directed portfolio services; and
(c) provide the following custodial or depository
services:
(i) operate custodial or depository services
other than investor directed portfolio
services;
to wholesale clients.
