Professional Documents
Culture Documents
Analysis of Managed Products: CHAPTER 20: Alternative Investments: Benefits, Risk, and Structure
Analysis of Managed Products: CHAPTER 20: Alternative Investments: Benefits, Risk, and Structure
Private Equity
•Comprises of common stock, preferred stock, debt securities that are not
traded publicly.
•The Private equity itself trades on the exchange.
Offering documents Fund Facts, Simplified Oferring memorandum Long From prospectus nad ETF facts
prospectus –if listed, if not listed same as
conventional mfs.
NAV calculation frequency Daily Frequency set by offering same as conventional mfs
memorandum
Continuous Disclosure Mandatory As per offering same as conventional mfs
memorandum
Investment objectives Maximize relative returns Maximize absolute Maximize absolute returns
returns
Permitted investors General public Exempt, accredited, General public
institutional, minimum
$150,000
Redemption Daily Monthly, quarterly Daily