Is Trove Wealth regulated by ASIC?

Trove Wealth operates within Australia's financial services regulatory framework and works with licensed partners where required for investment products and custody.

What is Trove Wealth's ABN and company registration status?

Trove Wealth is an Australian registered company with an ABN and ASIC registration, which can be verified via the Australian Business Register.

What products does Trove Wealth offer and what are the fees?

Trove Wealth provides diversified investment portfolios including access to alternative assets, with transparent management and underlying fund fees disclosed upfront.

Are there customer reviews for Trove Wealth in Australia?

As an emerging platform, Trove Wealth has limited public reviews, and prospective investors are encouraged to assess the product documentation and speak directly with the team.

How can I contact Trove Wealth support?

Trove Wealth offers customer support via email and online contact forms, with details available on its website.

What Australian regulator oversees Trove Wealth and what licences does it hold?

Trove Wealth operates under ASIC oversight and partners with licensed entities to provide regulated financial services where required.

How does Trove Wealth hold client money and assets?

Client assets are held via independent custodians or trust structures and are segregated from Trove Wealth's operating funds.

How do Trove Wealth's fees and minimum investments compare with other platforms?

Trove Wealth targets competitive minimums and pricing relative to private wealth and alternative investment platforms, while offering broader asset access.

What alternative assets does Trove Wealth offer and how risky are they?

Trove Wealth provides access to assets such as private equity, private credit, and venture-style strategies, which typically carry higher risk and lower liquidity than ETFs or super.

How does Trove Wealth construct and rebalance portfolios?

Portfolios are built using diversified multi-asset allocations aligned to risk profiles and are periodically reviewed and rebalanced as market conditions change.

What are Trove Wealth's liquidity and withdrawal terms?

Liquidity depends on the underlying assets, and withdrawals may be delayed during market stress, asset-level lockups, or fund redemption windows.

How does Trove Wealth fit alongside super, ETFs, or property?

Trove Wealth is typically positioned as a satellite allocation complementing core holdings like super and ETFs, particularly for diversification into alternatives.

What proportion of savings is reasonable to allocate to alternative or illiquid assets?

Many investors allocate a minority portion of their portfolio — often 5–20% — to illiquid alternatives depending on risk tolerance and time horizon.

What information does Trove Wealth use to tailor recommendations?

Trove Wealth considers factors such as income, goals, time horizon, and risk tolerance to personalise portfolio construction.

Investment Disclosures

Last Updated: November 2025

Important: This document contains important information about risks, fees, and regulatory matters. Please read carefully before investing.

1. General Risk Warning

All investments carry risk. The value of your investment may fluctuate, and you may receive back less than your original investment. Past performance is not a reliable indicator of future performance. You should consider your investment objectives, financial situation, and needs before making any investment decision.

2. Specific Investment Risks

Market Risk: The value of investments can decrease due to market conditions, economic factors, and investor sentiment.
Liquidity Risk: Some investments, particularly private equity, venture capital, and real estate, may not be easily converted to cash. Monthly liquidity is subject to portfolio constraints.
Concentration Risk: Portfolios may have significant exposure to specific sectors, asset classes, or geographic regions.
Currency Risk: Investments in international assets are subject to exchange rate fluctuations.
Leverage Risk: Some portfolio holdings may use leverage, which can amplify both gains and losses.
Regulatory Risk: Changes in laws and regulations may impact investment performance.

3. Fee Structure

Trove charges the following fees:

Management Fee: 0.8% - 1.5% per annum

Based on portfolio complexity and assets under management. Calculated daily and deducted monthly.

Performance Fee: 10% - 20%

Applied to returns above the specified benchmark. Calculated annually with high-water mark protection.

Transaction Costs

Costs associated with buying, selling, and rebalancing investments are passed through to your account.

4. Portfolio Information

Trove offers multiple portfolio strategies with varying risk/return profiles:

Fortress: Defensive strategy focused on capital preservation (8-10% target return)
Horizon: Balanced approach combining growth and stability (10-12% target return)
Velocity: Growth-oriented with higher risk tolerance (12-15% target return)

Each portfolio invests across multiple asset classes including public equities, private equity, venture capital, real estate, fixed income, and alternatives.

5. Redemptions and Liquidity

Redemptions are processed on a monthly basis. You must submit withdrawal requests at least 15 business days before the end of the month. Redemptions are subject to:

Portfolio liquidity constraints
Minimum balance requirements
Potential redemption queues during periods of high withdrawal requests
Early withdrawal penalties may apply to certain investments

6. Regulatory Information

Trove operates under Australian financial services regulations. We are committed to:

Complying with all ASIC requirements
Maintaining appropriate AFS licenses
Following best execution practices
Implementing robust risk management frameworks
Conducting regular compliance audits

7. Conflicts of Interest

Trove may have conflicts of interest including:

Receiving fees from portfolio performance
Trading in securities also held in client portfolios
Relationships with investment partners and service providers

We manage conflicts through disclosure, segregation of duties, and adherence to our fiduciary obligations.

8. Tax Considerations

Investment returns may be subject to Australian taxation including capital gains tax, dividend tax, and income tax. We recommend consulting with a qualified tax adviser regarding your specific situation. Trove does not provide tax advice.

9. Complaint Resolution

If you have a complaint:

Contact our customer service team at complaints@trove.com.au
We will acknowledge your complaint within 24 hours
We aim to resolve complaints within 30 days
If unresolved, you may escalate to the Australian Financial Complaints Authority (AFCA)

10. Updates to Disclosures

We may update these disclosures from time to time. Material changes will be communicated to all clients. Please review this document regularly.

11. Contact Information

For questions about these disclosures:

Email: compliance@trove.com.au
Phone: 1300 TROVE (876 83)
Address: Level 12, 123 Collins Street, Melbourne VIC 3000

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