A Product APIR Code can be allocated to any unlisted investment approved for distribution to the public, superannuation fund and wholesale investment pools that are accessed by other funds or which in any other way form part of an investment that has public participation.
While investments traditionally listed on a Stock Exchange have not normally been listed by APIR, new generation products that are offered in both the listed and unlisted markets are increasingly being coded by APIR.
In addition to the APIR Code, each product is allocated a Shortened Name and an Abbreviated Name. We have found that software and data providers have a requirement to include shortened or abbreviated identification in performance tables, portfolio reports and data transfers. Sometimes the APIR Code is insufficient but a Full Name is not appropriate. Under such circumstances the Shortened Name or Abbreviated Name is available.