INVESTOR ACCREDITATION

Singaporean law requires Fortitude Funds investors to meet certain financial criteria.

To accredit yourself as an individual Please confirm you fulfill one or more of the items below:
  • I am an individual whose assets exceed in value S$2 million (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe in place of the first amount.
  • I am an individual whose, income in the preceding 12 months is not less than S$300,000 (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe in place of the first amount.
To accredit yourself as a corporation
Certify that the corporation has net assets exceeding S$10 million in value (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe, in place of the first amount, as determined by:
  • The most recent audited balance-sheet of the corporation.
  • Where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance sheet, which shall be within the preceding 12 months.

CORPORATE ACCREDITATION

This is generally defined as an institution or company that has a treasury function, a federal government institution or regulated financial institution such as a bank, asset manager, insurance company.