Q: What services do we provide?
A: We provide discretionary asset management services with a number of different funds with various objectives to suit your needs. See our funds for more information.
Q: What are our fee structure?
A: We at Galilee have different fees charged for each fund. To find out more about a specific fund, see our funds for more information.
Q: What is the minimum investment level?
A: We at Galilee have different minimum investment sums for each fund. To find out more about a specific fund, see our funds for more information.
Q: What is the minimum lock up period for your investment?
A: We at Galilee have different minimum lock up period for each fund. To find out more about a specific fund, see our funds for more information.
Q: Must Investors in our Funds be an Accredited Investor (AI) or Institutional Investor?
A: Yes. Based on MAS regulations, our license only affords us the right to acquire AIs or Institutional Investors. As part of the on-boarding process, Investors must also opt-in and read the consent provisions listed here to be treated as an AI to be able to participate in the Fund.
Q: Do I qualify for Accredited Investor status?
For Individuals
- Net personal assets (“NPA”) exceed S$2 million (or its equivalent in a foreign currency), but net equity of primary residence capped at S$1 million of the S$2 million threshold ; or
- Net financial assets (“NFA”) (net of any related liabilities) exceed S$1 million (or its equivalent in a foreign currency); or
- Income in the preceding 12 months is not less than S$300,000 (or its equivalent in a foreign currency); or
- A person who holds a joint account with an Accredited Investor, in respect of dealings through that joint account.
For Corporations
- Net assets exceed S$10 million (or its equivalent in a foreign currency) ; or
- Entire share capital is owned by one or more persons, each of whom is an AI.
For Entity (other than a corporation)
- Net assets exceed S$10 million (or its equivalent in a foreign currency)
For Partnership (other than limited liability partnership)
- Each partner is an AI
For Trustee of Trust, when acting in that capacity where
- Trust property exceeds $10 million in value (or its equivalent in a foreign currency); or
- All beneficiaries of the trust are AIs; or
- All settlors are AIs and have settlor reserved investment powers and revocation powers.