Document background
The Short Term Investment Contract serves as a foundational document for managing short-term investment relationships in the Australian financial services sector. It is primarily used when investors seek to place funds with professional investment managers for defined shorter periods, typically ranging from 3 to 24 months. The document ensures compliance with Australian regulatory requirements, including ASIC regulations and the Corporations Act 2001, while protecting both investors' and managers' interests. It includes crucial elements such as investment strategy parameters, risk disclosures, fee structures, withdrawal mechanisms, and reporting obligations. This contract type is particularly relevant in the current market environment where investors seek flexibility while maintaining regulatory compliance and professional investment management.
