If you want to launch your own fund, you might think the setup process is long and arduous.
Actually, it’s not necessarily the case. The team here at IFINA can set up your fund in as little as six weeks.
Here’s a week-by-week breakdown of what’s involved:
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FIRST WEEK: Week one is simple. You’ll complete a ‘Fund Questionnaire’ and provide due diligence documentation.
SECOND WEEK: In week two, we’ll discuss fund features with you – such as subscriptions, redemption terms and performance fees. We’ll also draft the fund prospectus and management agreement, along with bank and broker account applications.
THREE WEEK: We finalise the fund prospectus in week three. In addition we appoint an auditor and prepare a CIMA application.
FOUR WEEK: In week four, we liaise with banks and brokers to complete all account openings.
FIVE WEEK: During week five, our team submits the CIMA application – and completes the overall fund formation process.
SIX WEEK: In week six, it’s time to launch your fund and execute your strategy.
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Do you want to launch your own investment fund?
If you want to launch your own fund, just email me. I’d be happy to talk you through how it works in further detail.
Thanks for reading – I’ll be in touch next week with some more content.