BASIC QUALIFIED INVESTOR definition
BASIC QUALIFIED INVESTOR a person having (y) investments in securities for an annual average equal to or in excess of 1,500,000.00 Investment Units, or (z) gross income per annum in an amount equal to or in excess of 500,000.00 Investment Units;
BASIC QUALIFIED INVESTOR. A PERSON HAVING (Y) INVESTMENTS IN SECURITIES FOR AN ANNUAL AVERAGE EQUAL TO OR IN EXCESS OF 1,500,000.00 INVESTMENT UNITS, OR (Z) GROSS INCOME PER ANNUM IN AN AMOUNT EQUAL TO OR IN EXCESS OF 500,000.00 INVESTMENT UNITS;