There cannot be any assurance as to any future rate of return on any investment in a portfolio company or that investors will receive any specific amount of cash distributions. Investors may even lose their entire investment.
To the extent cash distributions are received from a portfolio company, iSelect will distribute that cash to the investor that owns interests in the portfolio company within 30 days of receipt less any applicable fees and carried interest due iSelect (see FUND STRUCTURE: WHAT DOES AN INVESTOR OWN?).
In the event the securities of a portfolio company become saleable, either by virtue of registration or exemption from registration under applicable securities laws, investors who own such securities may notify iSelect that they wish to sell their securities. iSelect will execute such sale within five business days of receipt of such notice and distribute the sale proceeds, less any applicable expenses, to the investor.