Target Market Determinations
The central concept underpinning DDO is that of the target market.
Product issuers are obliged to:
- identify a target market of consumers, and design products suitable for that target market, and
- monitor consumer outcomes and review products to ensure that consumers are receiving products that are likely to align to their likely objectives, financial situation and needs.
Issuers and distributors must take ‘reasonable steps’ to ensure those products reach consumers in that target market. The below Target Market Determinations (TMDs) will describe the typical objectives, financial situation and needs of consumers in the target market, describe the product features, and explain why those features will meet consumers’ needs.
Zurich Active
General Insurance TMDsRussell Investments’ acquisition of Zurich Investment Management Limited was completed on 31 March 2026. The entity is now known as Z Series by Russell Investments Limited.
The funds will continue to be managed in accordance with their existing investment objectives and strategies, providing continuity for advisers and investors. Consistent with the change in ownership, the funds will be rebranded as ‘Z Series by Russell Investments’ in due course.