Investing in the fund
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When an information memorandum (IM) is on issue; and |
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if the subscriber is a s708 qualified Sophisticated Investor |
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Refer here for information you need to know about whether you are eligible to invest under the Sophisticated Investor exemption
Essentially a person is only eligible to invest if they have;
A gross income of
$250,000 or more per annum in each of the previous two
years; or
Net assets of at least
$2.5 million
(reg 6D.2.03 and reg 7.1.28)
The rationale is that people meeting one of these criteria are more likely to be able to evaluate offers of securities without needing the protections of a regulated disclosure document.
The IPO Fund does not currently have an Information Memorandum on issue. If you would like to be on the mailing list when an IM is issued please email IPO Fund and ask to be placed on the IM mailing list.
For further information please contact the Manager - refer to Contact Us section of this web site.
