---
title: Who can invest in the iSelect Fund?
description: Only accredited investors as defined by the U.S. Securities and Exchange Commission (SEC) can invest in an iSelect Fund. For individuals, an “accredited investor” is either (1) a natural person who ha
---

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# Who can invest in the iSelect Fund?

Only accredited investors as defined by the U.S. Securities and Exchange Commission (SEC) can invest in an iSelect Fund. For individuals, an “accredited investor” is either (1) a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the person’s primary residence or (2) a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.  (Trusts and other entities have different standards).

The SEC requires investment funds such as iSelect’s to verify that each investor meets the accredited investor requirements.  All potential investors therefore must complete a financial status questionnaire before investing in an iSelect Fund.  iSelect may also ask for additional information to validate that an investor meets the accredited investor criteria.

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