Permissible retail-scheme investments require alignment with investment objectives, offer-document disclosures, capital preservation, liquidity safeguards and hedging-only derivatives. Retail schemes may invest in specified securities, money-market and debt instruments, securitised debt, units of other investment schemes, and hedging ... Summary
Permissible retail-scheme investments require alignment with investment objectives, offer-document disclosures, capital preservation, liquidity safeguards and hedging-only derivatives.
Retail schemes may invest in specified securities, money-market and debt instruments, securitised debt, units of other investment schemes, and hedging derivatives, subject to required disclosures. Pending deployment, monies may be placed in overnight, liquid or money-market schemes, money-market instruments, bank deposits, or other specified assets. Before a close-ended scheme reaches its prescribed minimum size or an open-ended scheme raises its prescribed threshold, contributor monies must be invested only in capital-preserving, adequately liquid permissible investments disclosed in the offer document. Investments must comply with regulatory requirements, the scheme's investment objective and offer-document disclosures.
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