To be an Eligible Investor, you must satisfy one of these criteria:
- Provide the Trustee (Fundhost Limited) with an accountant certificate which is less than 6 months old indicating that the Applicant has either net assets of least $2.5 million or a gross income for each of the last 2 financial years of at least $250,000 a year;
- Hold an Australian Financial Services Licence;
- Invest at least A$500,000 at one time;
- Be a business that is not a small business (that is, companies that employ more than 20 people or 100 people if they are a manufacturer);
- Control at least A$10 million (including any amount held by an associate or under a trust that the Applicant manages);
- Be regulated by the Australian Prudential Regulatory Authority other than a trustee of an Australian superannuation fund, approved deposit fund, pooled superannuation trust or public sector superannuation scheme;
- Be the trustee of an Australian superannuation fund, approved deposit fund, pooled superannuation trust or public sector superannuation scheme with assets at least A$10 million;
- Be a body registered under the Financial Corporations Act 1974 of the Commonwealth of Australia;
- Be an exempt public authority;
- Be listed or a Related Body Corporate of a listed entity;
- A professional investor or a wholly-owned subsidiary of a professional investor that is a body corporate;
- Be a foreign entity that, if established or incorporated in Australia, would be covered by one of the preceding paragraphs.
Should you not satisfy the above criteria, but believe yourself to be a sophisticated investor, please contact the Trustee, Fundhost Limited to enquire as to your eligibility.
