Client Terms

Download the Account terms for both Wholesale and Retail Clients


Cash Management

When you invest through the Mason Stevens Limited’s (“Mason Stevens”) account, investment and administration service (Service), your cash funds are pooled with the cash funds of other clients of the Service. Mason Stevens deposits these cash funds with an Authorised Deposit-taking Institution (ADI), Australia and New Zealand Banking Group ABN 11 005 357 522 (ANZ) or, for amounts to settle pending purchases or receipt of sale proceeds, using our primary sub-custodians which are National Australia Bank Limited ABN 12 004 044 937 and Pershing Securities Australia Pty Limited ABN 60 136 184 962. Your cash funds are managed among the deposit accounts to ensure that amounts are reserved to settle pending purchases and amounts are made available for investment. The current interest rate applicable to your account for cash funds invested through the Service by deposits with ADIs is notified to via the relevant disclosure document and/or fee schedule or other updated notice provided to you. The rate calculated on your funds will be determined by the interest earned by Mason Stevens on all clients’ cash funds on deposit with the respective ADIs after consideration of any fees payable to Mason Stevens for any management and administration of such cash balances and associated payments and services. Mason Stevens will not withdraw your money except where instructed by you, including an authorisation by you in accordance with the account terms and any investment mandates you have given. For more information, please refer to the Mason Stevens Financial Services Guide available on our website,


pin-8-xxl  MSCF Level 21 | 9 Castlereagh Street | Sydney NSW 2000
phone-46-xxl  MSCF 1300 98 88 78
email-5-xxl  MSCF