Are you eligible to invest?

For example:

• Does your principal business include investing in financial products, acting as an underwriter, or providing financial advice?
• Are you a registered bank?
• Are you a non-bank deposit taker?

You can find a full list of “investment businesses” here.
If this category applies to you, we’ll ask you to provide us with a safe harbour certificate.

You must own a portfolio of “specified financial products” worth at least $1 million (or have owned it within the last two years).

Note: “Specified financial products” DO NOT include:

• KiwiSaver or other retirement schemes;
• Bonus bonds;
• Term deposits with a credit union or a bank;
• Some types of shares in a building society;
• Some types of shares in a credit union;
• Shares in a co-operative;
• Other financial products listed here.

If this category applies to you, we’ll ask you to provide us with a safe harbour certificate.

You must have carried out at least one transaction to acquire “specified financial products” worth at least $1 million in total in the last two years with someone who is not associated with you.

Note: “Specified financial products” DO NOT include:

• KiwiSaver or other retirement schemes;
• Bonus bonds;
• Term deposits with a credit union or a bank;
• Some types of shares in a building society;
• Some types of shares in a credit union;
• Shares in a co-operative;
• Other financial products listed here.

If this category applies to you, we’ll ask you to provide us with a safe harbour certificate.

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You are an “eligible investor” if you can provide us with a written certificate that:

• You have relevant investment experience that allows you to make your own judgment on the merits of this investment and on the information you need and have received;
• Tells us the basis for your belief; and
• Is signed off by a financial advisor, accountant or lawyer.

Note: relevant investment experience could include things like:

• Any similar investments you have made in the past;
• Any other investments in shares and securities;
• Other investments you own, and whether you have a diverse portfolio;
• Relevant professional experience, like a financial background, or being a director of a company that invests in financial products;
• Prior knowledge of horticulture or agriculture.

Note: relevant investment experience DOES NOT include:

• Training, because you must be experienced in “acquiring or disposing of” financial products;
• Owning or investing in things that are not “financial products” like KiwiSaver or residential property.