The Fund is set up as Retail Investor Hedge Fund Collective Investment Scheme (CIS), regulated under the Collective Investments Schemes Control Act (CISCA) and approved by the FSB.
Before investing, please read the Terms and Conditions of this investment (attached hereto), as well as the Investment Option Brochure, carefully.
Please complete all relevant sections of this form and send the required documents to email@example.com or at fax number +27 21 700 7333.
Cut off times for receiving instructions are 13:00 (SA) except for the ACI Money Market Fund where the cut off time is 11:00 (SA).
The following supporting documentation must be submitted with this application:
Investors should take cognisance of the fact that there are risks involved in buying or selling any financial product, and past performance of a financial product is not necessarily indicative of its future performance. The value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions.
In February 2015, the South African Minister of Finance declared that hedge funds are to be regulated as Collective Investment Schemes (Unit Trusts). This means that in conjunction with the present requirement for hedge fund managers to hold a license from the Financial Services Board, the funds which they manage will in due course be of such a form that they comply with the provisions of the Collective Investments Schemes Control Act Number 45 of 2002. The final date for conformance with the related requirements specified under the Board Notice 52 is not determinable at this point in time.
The information and documentation presented on this site do not constitute a solicitation, invitation or investment recommendation, and prior to selecting a financial product or fund it is recommended that investors seek specialised financial, legal and tax advice. The laws of the Republic of South Africa shall govern any claim relating to or arising from the contents of this site.
INDEPENDENT ALTERNATIVES INVESTMENT MANAGERS PROPRIETARY LIMITED (2015/267783/07) is an authorised financial services provider (FSP licence number 47402) in terms of the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002) (FAIS).
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