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 the 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.
While Collective Investment Schemes (Unit Trusts) are regulated by the Financial Services Board and comply with the provisions of the Collective Investments Schemes Control Act Number 45 of 2002, Hedge Funds are presently not regulated by the Financial Services Board, and do not comply with the provisions of the Collective Investments Schemes Control Act Number 45 of 2002.
Therefore Unit Trusts are available to the general public, but Hedge Funds are private investments suitable only for sophisticated investors, and are not open to the general public.
This document does 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 Banyan Asset Management (Pty) Ltd is an authorised financial services provider.