Freely Target Market Determination (TMD)

The new Design Distribution and Obligations (DDO) come into effect on 5 October 2021, and require product issuers to develop Target Market Determinations (TMDs) for the products they issue to retail clients.

A Target Market Determination is a document which describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers.

It also describes the events or circumstances where we may need to review the Target Market Determination for a financial product.

For previous versions of the TMD, see below or contact our Customer Service team on 1300 772 183 (within Australia) or +61 2 8907 5085 (from Overseas).