Who can invest in the Fund?
Investors defined as ‘wholesale investors’ under Chapter 7 of the Corporations Act 2001.
Generally those who are applying for Units:
- at a price, or for the value of at least $500,000
- those having certificate (issued within the last 2 years) from a qualified accountant stating that they have net assets of at least $2.5 million, and are applying for Units in the Fund for a purpose other than for use in connection with a business
- those having a certificate (issued within the last 2 years) from a qualified accountant stating that they have gross income for each of the last two financial years of at least $250,000 per year
- those defined as a ‘professional investor’ as per the Corporations Act 2001.