FUNDS MANAGEMENT

FUNDS
A key aspect of our medium term strategy is to form a specialised investment and funds management business. To that end Initiative Capital is currently building up a portfolio of uncorrelated assets and will look to provide further details on the funds in the near future.

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FINANCIAL SERVICES LICENCE
Initiative Capital is in the process of applying for an Australian Financial Services (AFS) licence to conduct financial business services.
ASIC assesses applications for AFS licences as part of its role as regulator of the financial services industry. Initiative Capital’s application for an AFS licence is currently pending and is being assessed by ASIC.
For further information on AFS licences, visit ASIC’s website.