What does it mean to be an AI?
An accredited investor ("AI") may generally have access to a wider range of financial products and services. Some financial institutions may not offer certain products and services to persons who are non-AI.
At StashAway, an AI investor will have access to a dedicated Wealth Advisor.
To be eligible to be treated as an AI, you must first meet eligibility criteria (please refer to "How do I qualify for AI Status?" below) and you must opt in to be treated as an AI.
If you opt in to be treated as an AI, you are regarded as having consented to and understood the following:
(1) You have read, understood, and agreed to the following general warning
AIs are assumed to be better informed, and better able to access resources to protect their own interests, and therefore require less regulatory protection. Investors who agree to be treated as AIs, therefore, forgo the benefit of certain regulatory safeguards. For example, issuers of securities are exempted from issuing a full prospectus registered with the Monetary Authority of Singapore with respect to offers that are made only to AIs and intermediaries are exempted from a number of business conduct requirements when dealing with AIs. Investors should consult a professional adviser if they do not understand any consequences of being treated as an Accredited Investor.
(2) You have consented to be treated as an AI for the purposes of the following regulatory provisions applicable to StashAway's business ("Consent Provisions")
We have outlined below a summary of the Consent Provisions and the consequences of your being treated as an AI in relation to such Consent Provisions. These consequences apply to all advice, recommendations, offers, communications or dealings with StashAway, transactions that you carry out on any investment products or policies advised on by StashAway from time to time, including past and future transactions in relation to the same ("Transactions").
Click here for more details on the Effect of Treating an Investor as an Accredited Investor for the Purpose of the Consent Provisions.
If you choose to be treated as an AI, this status will apply to all your account(s), investments, holdings, and dealings with StashAway going forward.