Craigs Investment Partners Limited

Fees

“Brokerage fees are incurred when purchasing and selling securities and are based on the value of the transaction. Brokerage fees vary depending upon the security being traded and the exchange they are traded on.”

Commission

“A commission may be charged by Custodial Services Limited to the respective bank where a deposit has been made through the Cash Management Account(s). If charged, this commission is taken into account in setting the interest rate(s) paid on a Cash Management Account.”

Conflicts of interest

“We have the following relationships which may give rise to a conflict of interest:”

Scope of advice

“we and our Craigs Investment Partners Advisers are authorised to provide financial advice on financial products including, but not limited to, equities, bonds and other fixed income investments, managed funds, KiwiSaver and superannuation savings. We are also able to provide investment planning services and discretionary investment management services ("DIMS").”

Dispute resolution

“We are a member of Financial Services Complaints Ltd, a Financial Ombudsman Service.”

Ownership

“CIPL's ultimate holding company Crown TopCo Limited is 50% owned by Crown UK TopCo Limited and 50% owned by current and former CIPL employees and directors via a shareholding in CIP Holdings No.2 Limited ("CIPH2"). Crown UK TopCo is owned by funds managed by TA Associates, a global private equity firm.”

Material relationships

“We have formed a strategic partnership with JPMAM to further develop our investment capabilities and insights by directly accessing JPMAM's global capabilities and expertise.”