SWF 2.04% 12.5¢ selfwealth limited

Pearler: $9.5 trades. No SWF moat?, page-33

  1. 3 Posts.
    This is incorrect: "SWF customers have individual ANZ account under their own name."

    "The Cash Balance of your trading account is held on your behalf in a trust account with the Australia and New Zealand Banking Group Limited (ABN 11 005 357 522 (ANZ). Selfwealth holds the Trust Account in its name as bare trustee for you."

    As per: https://www.selfwealth.com.au/library/pdf/SelfWealth-Financial-Services-Guide.pdf

 
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