The Hamilton Knight Complying Investment Framework (HK CIF) is designed following the Complying Investment Framework oversight by Austrade, which came into effect on 1 July 2015.

From 1 July 2021, The Morrison Government is reforming the Business Innovation and Investment Program (BIIP) to improve the quality of investments and maximise the economic benefits for Australia. The current Complying Investment Framework will be revised, and The Hamilton Knight CIF will be updated accordingly to comply with these changes.

In summary, from 1 July 2021 the following CIF ratios will apply to both the Investor and the Significant Investor streams:

• 20 per cent venture capital and Private Growth Equity funds (VCPE)
• 30 per cent funds investing in emerging companies
• 50 per cent in balancing investments