Caruso gives investors the ability to list units for sale on the Secondary Market. Listings are created through the Investor Portal once your fund manager has enabled access.
Step 1: Create a Listing
Log in to your Investor Portal.
Go to the Portfolio tab at the top of your page.
In the Holdings table, select the relevant fund and click View details.
Step 2: Complete the Sell Order Form
Click Sell at the top right of the fund’s detail page to initiate a sell order
Enter your asking price per unit and the number of units you wish to sell. You cannot list more units than you currently hold
Click Review sell order to proceed
Carefully review all details, including:
Number of units
Your chosen investing entity
Any applicable fees
Click Confirm to submit the sell order, or Edit to make changes
Step 3: Manager Review and Listing Creation
Your sell order will be sent to your fund manager for review and confirmation
You will receive an email notification once your sell order has been received
The sell order will also be visible in the Orders tab
Once your fund manager accepts your request, a listing will be created on your behalf in the Secondary Market
You will receive another email notification confirming that your listing is active
To view all secondary market listings, go to the Trade tab in the Investor Portal.
Step 4: Completing the Sale
Buyers place bids on your listing. Your fund manager reviews the bids with you and confirms the successful buyer
When a buyer is confirmed, you will receive a Sell order matched email and your order moves to Pending payment. Any other bids on the listing are cancelled automatically
The buyer pays you directly, outside the Investor Portal, using the payment details your fund manager provides
Once you confirm to your fund manager that payment has arrived, they transfer the units to the buyer. You will receive a Unit Transfer Notice, your order moves to Completed, and the units are removed from your holding
Note: If your fund manager charges a secondary market fee, it is deducted from your sale proceeds and shown on your Unit Transfer Notice. The fee is displayed when you review your sell order before submitting it.
Points to Remember
The Secondary Market for all funds is controlled by your fund manager. For questions about market availability or duration, please contact them directly.
All bids on your listing will be managed by your fund manager, who will keep you updated on next steps.
Disabling the Secondary Market removes all active listings for that fund.
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If you have any questions or need help at any stage, please contact your fund manager for support.