If you have an equity interest in an investment fund related to or acquired through employment, report the fund in Part 2, and report any arrangements related to the fund in Part 3 (see Part 3 of this guide for details).  In addition, report any investment fund held through a retirement plan or individual retirement account in Part 2, and report any continued participation in the retirement plan in Part 3.

Note that other entries in this guide specifically address mutual funds, exchange-traded funds, and money market funds.  See those entries for more targeted guidance if applicable.

Investment Fund Qualifies as an EIF

Investment Fund Does Not Qualify as an EIF – If you know the value of and income from the underlying assets

Investment Fund Does Not Qualify as an EIF – If you know the value of the underlying assets but the income from those assets is not readily ascertainable

Investment Fund Does Not Qualify as an EIF – If the value and income of the underlying assets are not readily ascertainable

For You

Part 2

Report an equity interest in an investment fund if the value was more than $1,000 at the end of the reporting period or if you received more than $200 in total income during the reporting period.  See “Other Interests” below if you manage the investment fund.

The reporting requirements will depend on whether the investment fund qualifies as an excepted investment fund (EIF).

Investment Fund Qualifies as an EIF

Description:  Provide the name of the investment fund and, unless clear from the name that you are reporting a fund, describe the type of asset.

EIF:  Select “Yes.”

Value:  Report the value of the fund by selecting the appropriate category.

Income Type:  Leave this field blank.

Income Amount:  Select the category that corresponds to the total amount of income received during the reporting period.

Investment Fund Does Not Qualify as an EIF

Description:  Provide the name of the investment fund and, unless clear that you are reporting a fund, describe the type of asset.

EIF:  Select “No” for the fund.

Additional Disclosure of Underlying Assets:  Because the investment fund does not qualify as an EIF, you need to report each underlying asset of the fund that was worth more than $1,000 at the end of the reporting period or from which you received more than $200 in income during the reporting period.  Report each underlying asset using the guidance applicable to that type of asset.

For purposes of valuing an underlying asset in a fund, you may use the value of the proportionate interest that you have in the underlying asset.  For purposes of measuring income from an underlying asset, you may use the amount of income received from that underlying asset that is attributable to you.

In certain cases, investment funds do not provide information regarding an investor’s interest in the value and/or income of the fund’s underlying assets.  If you are unable to ascertain the value of the underlying assets, you may instead provide value information for the total interest that you have in the fund.  Similarly, if you are unable to ascertain the income from the underlying assets, you may instead provide income information for the total interest that you have in the fund.

Other Interests

Additional requirements may apply if you have ever worked for the company that manages the investment fund.  Click here for guidance on these additional requirements.

Click Here for Frequently Asked Questions