What type of investors invest in Structured Funds?
I. Schemes offered only to institutional investors are restricted schemes; restricted schemes are those offered only to accredited investors, other relevant persons, and those who subscribe with SGD 200,000 or more per transaction.
II. In case of a retail offer of scheme, a prospectus in compliance with the SFA must be lodged and registered with the MAS.
III. MAS requires financial institutions and fund distributors to put in place formal policies and procedures to assess the nature of a new investment product and assess its suitability for targeted customer segments before distributing the product.
IV. Investors should look at the relevant sections of the prospectus for information on the fund. Investors are advised to seek independent advice to assess the risk level and suitability of the fund
before making their investment decisions.