Final answer:
An Investor Profile must include a description of the product, its investment objectives, strategies, risks, fees, and expenses, along with past performance data and suitability information. It should also cover the issuer details, conflict of interest disclosures, financial information, and any material changes to the product or issuer.
Step-by-step explanation:
The Investor Profile that a Dealing Representative like Angus from English Bay Securities would prepare for an approved product must include several key pieces of information. This profile typically contains a thorough description of the product, including its investment objectives, strategies, and risks. Additionally, it must present details on the product's fees and expenses, past performance data if available, and information on how the product aligns with different types of investor profiles. It's crucial that this document helps investors make informed decisions, matching their own personal investment goals, timelines, and risk tolerance with the characteristics of the product.
An Investor Profile should objectively describe the potential rewards and failures, outlining scenarios where the investment could lose value. It's imperative to include concise information regarding the issuer of the product, as well as disclosure of any conflicts of interest the EMD might have. Accurate and up-to-date financials, as well as critical material changes to the investment product or issuer, also form part of a comprehensive Investor Profile.