What are the three different time frames mentioned in the prospectus?
Throughout the Prospectus, there are three key time frames mentioned. They are the life of the investment as it is offered in this Prospectus, the life of the Prospectus as far as ASIC is concerned and the minimum investment term for an investor. These are outlined below: 13 Month Shelf Life: Oakland can utilize the current Prospectus for a period of 13 months from the date of issue to raise money from investors. After 13 months, the Prospectus needs to be updated to reflect any changes to the Financial Services Regulations or to add any updates that Oakland may deem necessary. 30 Month Investment Period: This is the maximum time period that Oakland can utilize funds raised as prescribed in the current Prospectus. 12 Month Investment Term: This is the minimum time Shareholders’ funds must remain invested with Oakland. Early redemptions via share buy-backs may still be available inside this period – see “Early Redemption”.
