Caruso's secondary market feature enables investors to unlock liquidity and explore options to diversify their portfolio.
Once your fund manager has enabled the secondary market you will be able to create a listing from the investor portal and participate in the market.
Creating a listing
Log in to your investor portal and navigate to the Portfolio tab at the top of your page. From the Holdings table, select the relevant fund.
Click Sell on the top right of the fund's detail page to initiate a sell order.
Complete the Request sell order form by selecting an asking price and number of units to sell, click Review sell order to proceed to the next step.
Review all details of the sell order, specifically the number of units, chosen investing entity and any applicable fees. Click Confirm to submit the sell order or click Edit to make changes.
Once created, the sell order will be passed onto your fund manager for their review and confirmation, you will receive an email notification confirming the receipt of sell order request.
This sell order request will also be visible in your Portfolio tab in the Recent Orders table.
Once the fund manager has accepted your sell request a listing will be created on your behalf on the secondary market.
To view all secondary market listings, navigate to the Invest tab and then Secondary Market.
Points to remember
The secondary markets for all funds is controlled by your fund manager, in case of any questions related to the duration or enablement of secondary markets, please contact your fund manager.
All bids placed on your listing will be passed onto your fund manager and they will keep you informed on next steps.