Target market determinations

Helping you understand the Design and Distribution Obligations


On 5 October 2021, the Design and Distribution Obligations (DDO) came into effect for issuers and distributors of financial products. These new obligations are designed to help retail investors obtain financial products that are suitable for their objectives, financial situation and needs.

What is a Target Market Determination?

All product issuers are required to develop a TMD for each of their financial products that are intended for distribution to Australian retail investors (including via a platform).

Our TMDs will be available on the TMD web page for:

  • Russell Investment Funds and ETFs 
  • Superannuation and retirement products 

Please note: If you require a machine readable TMD, please contact us according to our details listed below.

Frequently asked questions