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Overview (Venture Funds)

How Venture Funds Invest

To ensure that the fund maintains the characteristics of a listed venture fund, the initial listing criteria require more than 50% of its assets under management to be invested in unlisted shares and related assets. The fund must either satisfy this requirement at the time of its initial listing application or be expected to satisfy it within two years after listing.

Chart showing the composition of assets under management of a listed venture fund. More than 50% consists of unlisted stocks, venture debt, listed stocks held continuously from before the investee's listing, and listed stocks acquired through preferential allotment. Other assets include listed securities, government and corporate bonds, monetary claims, hedging transactions, and current assets.