The Australian Securities and Investments Commission (ASIC) issued Regulatory Guide 46 (RG 46) in September 2008 which outlines eight disclosure principles for unlisted property schemes. In addition to the regular disclosures made by APN Funds Management Limited (APN FM), clear and prominent disclosure of this information will help retail investors compare the relative risk and return of investments in unlisted property schemes and decide whether these investments are suitable for them.
APN FM’s RG 46 disclosure requirements are presented in the following two sections:
ASIC Regulatory Guide 46: Section 1 – Disclosure Principles which provides an overview of ASIC’s eight enhanced principles and APN FM’s response to each of the key risk features identified.
Click here to download a copy of Section 1.
ASIC Regulatory Guide 46: Section 2 – Disclosure Principles as they apply to Funds which presents the practical application of the principles to each Fund.
Click on the Fund below to download a copy of Section 2.