Note! Win Securities Ltd, AFSL Licence No. 240901.
Win Securities Ltd. offers investments in Winsec Notes and is not a Bank. All investments involve risk and investors risk losing some or all of their principal investment.
The risk of investment in Win Securities Ltd is set out in our current Prospectus lodged with ASIC and dated 29th November 2021 and should be read and understood before investing.
Investments in Winsec Notes may only be made by completing the application form that accompanies the Prospectus.
Effective November 20, 2020.
Note: Interest Rates change frequently and are subject to change without notice.
Contact us to confirm our current interest rates,terms and conditions, product information and any special offers.
Copies of our Prospectus are available at our office situated at 37 Reid Street Wangaratta or by calling 03 5721 5200 or please Click here for Prospectus 22.
1. Target Market
The class of consumers that comprises the target market for the Winsec Notes issued by the Company (products) are primarily investors in the area of regional North East Victoria but also other consumers who want either:
in each case where the assets of the Company consist primarily of first mortgages over real property, and where a trustee approved under the Corporations Act 2001 has been granted security over the assets of the Company to hold for the benefit of the consumers.
The Company has offered its products through prospectuses complying with the Corporations Act and regulations issued by the Australian Securities and Investments Commission for over 22 years, and is satisfied, by the ongoing demand for its products and the repeat investments by consumers, that the Company's products reach the target market and are consistent with the likely objectives, financial situation and needs of the class of consumers that comprises the target market.
2. Review Triggers
The Company will monitor and review the outcomes produced by the design and distribution of its products and consider whether changes are required to the products, to the way they are distributed and to whom they are being offered to.
The Company will conduct a Review:
Upon becoming aware of a Review Trigger, or a potential Review Trigger, the Managing Director must within 5 business days provide to the Board all such information necessary for the Board to determine whether this TMD is no longer appropriate.
3. Distribution Conditions
The Company distributes the prospectus for its products electronically through its own website, or in hard copy in response to requests made directly to the Company. The Company does not provide financial advice.
The Company ensures that its representatives provide consumers with factual information only, and make no recommendation or suggestion that consumers invest in the Company's products or in any other investment, and that any investment should be made on the basis of the prospectus and any independent financial advice the consumer may seek.
The Company does not employ any third party distribution channels.
4. Periodic Review
In addition to any Review conducted as a result of the occurrence of a Review Trigger, the Company must conduct an annual review, to finish:
5. Complaints Reporting
The Managing Director must at the end of each quarter in a financial year report to the Board in writing: