Posted by OnMarket 17 May 2018 @ 12:00am
Becoming a Sophisticated or Experienced investor with OnMarket means even greater access to investment opportunities, and for sophisticated investors no limit on the amount you can invest into each Equity Crowdfunding offer.
Sophisticated or Experienced investors are legal classifications from section 708 of the Corporations Act that describe investors who are recognised as more experienced, and able to evaluate investment opportunities without needing a prospectus or other regulated disclosure documents.
If you are a sophisticated or experienced investor, you can:
As a retail investor you can participate in all IPO and Equity Crowdfunding offers via OnMarket. Once qualified as a Sophisticated or Experienced investor you will have access to much wider range of restricted offers via OnMarket, including Pre-IPO’s, IPO Pathfinder offers and Placements.
In Equity Crowdfunding offers, retail investors are only allowed to invest a maximum of $10,000 per offer per year. To invest over $10,000, you need to qualify as a Sophisticated investor. Experienced investors however are still subject to the same rules as retail investors.
Applying for these investor classifications involves completing a simple online form.
Work out if you qualify, then complete the online form.
Alternatively, you can apply for one of these investor classifications by logging into OnMarket, and then accessing the Investment Profiles section of your Dashboard, and accessing the application forms there.
If you need any assistance please get in touch with us at support@onmarketbookbuilds.com.