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.
Restrictions on acquisition
In this case, there are limits or exclusions on buying this investment that are important to know and acknowledge before you do.
Only eligible Trading members of the Foodstuffs South Island Limited co-operative may subscribe for these Trading Deposit Shares
Issuer's description of this product:
Issue of Trading Deposit Shares to eligible Trading Members of the Foodstuffs South Island Limited co-operative
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
This is the price per share of this offer. Additional details may be available.
Closing date
This is when this offer closes to investors.
Key facts
Provider website
Issuer's industry
Retail
Fixed offer price details
Fixed offer price description
$1.00 per share, being the nominal value under the Foodstuffs South Island Limited Constitution
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.
TDS PDS 2018.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.
TDS Total Estimated Costs of offer and Issue.pdf
Additional details
Issuer details
Name
FOODSTUFFS SOUTH ISLAND LIMITED
Type
NZ Co-operative Company
Industry
Retail
Website
NZBN
9429039459077
FSP Number
Credit rating
Not provided
Offer details
Date registered
13 June 2018
Date opened
21 June 2018
Closing date
13 July 2018
Continuous issue
No
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: Only eligible Trading members of the Foodstuffs South Island Limited co-operative may subscribe for these Trading Deposit Shares
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12425: TRADING DEPOSIT SHARES
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. foodstuffs-si.co.nz