Offer Document
Definition
What is Offer Document?
An approved disclosureThe provision of material information needed for informed decisions. document provided when an investmentAn asset or commitment of money made with the expectation of future income, growth, or both. product is offered to investors.
Example in practice
How This Looks in Practice
The document states the investment objectiveThe specific result an investor or fund seeks, such as income, capital growth, or preservation., parties, risks, fees, minimum subscriptionThe process of buying new units in a fund by submitting money and a valid instruction., and use of proceeds.
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Related Terms
Collective Investment Scheme
A regulated arrangement that pools investors' money for investment according to a common objective.
Fund Structure & RegulationOpen-Ended Fund
A fund that can create or cancel units as investors subscribe and redeem.
Fund Structure & RegulationClosed-Ended Fund
A fund with a relatively fixed number of units that investors usually trade with one another.
Portfolio MetricsAsset Allocation
The percentage of a portfolio invested across asset classes such as cash, bonds, shares, and property.