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Anonymous
I recently inherited a legacy of S$1.5 million with no outstanding debts, loans or liabilities. Am I then considered an Accredited Investor and can I invest with Aggregate Asset Management? Thank you for advice
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Billy
29 May 2023
Development & Acquisitions Manager at Real Estate Private Equity
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I don't think you can
"Who can invest in the fund?
The fund is only for accredited investors. Accredited investors mean individuals with a net asset of SGD$2M or an annual income of $300,000. For companies, they need at least a net asset of SGD$10M."
https://aggregate.com.sg/frequently-asked-quest...
Anyway, you're not losing out on a lot. Out of the past 10 years, Aggregate Asset Management only outperformed the market in 6 of those years. So it's just a 60/40 probability. And on average, on years it underperforms, it underperforms by 10% as compared to outperforming by only 6.7%
https://aggregate.com.sg/performance/