There are some aspects of this fund which may require extra consideration before deciding to invest.
Restrictions on transfer
There are rules around transfering in and out of this investment, which may depend on eligibility. For example, overseas investors may not be able to transfer into some New Zealand managed funds. Or there may be restrictions on withdrawals, such as not until age 65 for KiwiSaver funds.
Issuer's description of this product:
Units in a managed investment scheme which invests in commercial property
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Closing date
This is when this offer closes to investors.
Scheme type
This is a property investment scheme, either residential or commercial.
Key facts
Provider website
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
Oyster Large Format Retail PDS MAR21.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Oyster LFR PFI.pdf
Oyster LFR - OMI.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
LFR SIPO March 2021.pdf
Strategies and objectives for this investment
Additional details
Scheme manager
Name
OYSTER MANAGEMENT LIMITED
Type
NZ Limited Company
Website
NZBN
9429034266960
FSP Number
Supervisor
Name
COVENANT TRUSTEE SERVICES LIMITED
Offer details
Date registered
29 March 2021
Date opened
07 April 2021
Date closing
30 April 2021
Further payments may be required
No
Restrictions on transfer
Yes
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR13047: OYSTER LARGE FORMAT RETAIL FUND
Scheme
SCH13046: OYSTER LARGE FORMAT RETAIL FUND
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. oystergroup.co.nz