INVESTMENT TERMS
Understand the commitment before you make it.
Investment rights are established by approved governing documents. The framework below describes the proposed approach and does not establish a current entitlement to invest or receive payment.
Initial holding period
Each accepted subscription is proposed to have its own 90-calendar-day holding period. Later subscriptions may therefore become eligible on different dates.
Dealing dates
Eligible redemption requests are proposed to be considered on the 1st and 15th, subject to the approved notice deadline, business-day convention and governing documents.
Valuation and settlement
Request submission, acceptance, valuation and payment are separate stages. Settlement follows the applicable valuation and administrative process; a dealing date is not a promised payment date.
Fees and investment minimum
Final fees, minimum subscription and settlement provisions must be supplied in the approved investment documents before acceptance.
Audience threshold
The US$1 million net-worth audience criterion is separate from the amount an investor subscribes.