Aera’s Deposit Accelerator allows our members to purchase income producing underlying assets that may otherwise be difficult or time-consuming for members to access by themselves.
Whenever you transfer funds into Aera, your funds are held on your behalf, on trust.
When you place funds in the Deposit Accelerator, you are instructing us to purchase certain underlying assets that form the basis of that specific product.
The basket of underlying assets will not change from the moment you purchase them. Each product’s Underlying Assets are fully disclosed to you at the time of opening the account, or available to view when transferring funds into the Accelerator. Examples of Underlying Assets may be bonds, managed funds, wholesale cash accounts and more over time.
Underlying assets are held in the name of Aera 22 Nominee Limited on your behalf. Aera takes instruction from you to buy or sell underlying assets, but has no ability to change, buy or sell underlying assets without instruction. That means that when your funds are in the Deposit Accelerator you have full control over what happens.
Aera will never use your money or other assets for any reason that is not expressly agreed to by you.