Summary
This product is intended for use as a satellite or minor portfolio allocation for a consumer who is seeking capital growth and has a high risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a minimum 5 year investment timeframe and who is unlikely to need to withdraw their money on less than one month’s notice.
Details
Consumer's investment objective
Capital Growth
In target market
Capital Preservation
Not in target market
Capital Guaranteed
Not in target market
Income Distribution
Not in target market
More Information:
The Fund typically invests in direct and indirect private equity investments or such other investments if the Investment Manager foresees a pathway to equity. The Fund is likely to be suitable for investors seeking capital growth over the medium to longer term. The Fund is not designed for investors seeking regular income payments. While the Fund must pay its distributable income each year, there is no guarantee that any income will be generated.
Consumer's intended product use
Solution/Standalone - a large allocation (75-100% of portfolio)
Not in target market
Major Allocation - (50-75% of portfolio)
Not in target market
Core Component - a medium allocation (25-50% of portfolio)
Not in target market
Minor Allocation - (10-25% of portfolio)
In target market
Satellite - a small allocation (<10% of portfolio)
In target market
More Information:
The Fund typically invests in direct and indirect private equity investments or such other investments if the Investment Manager foresees a pathway to equity. The Fund considers a range of private equity financing stages. This includes: 1. Growth equity where the Fund provide investee companies with its next level of equity capital sufficient to achieve its next phase of growth. 2. Buyouts where the fund will invest for control of established cashflow positive companies. 3. Special situations where the fund will consider rescue capital and turnaround situations, in market segments and in situation where the Investment Manager has a defensive edge and deep experience. The Fund would typically be considered to have a Low level of portfolio diversification.
Consumer's investment timeframe
Short (<= 2 years)
Not in target market
Medium (>2 years)
Not in target market
Long (>8 years)
In target market
More Information:
Due to the long-term growth capital nature of the Fund’s investments strategy the recommended timeframe for investment is 5-7 years.
The Fund may be suitable for consumers with a medium to long term investment timeframe.
Consumer's Risk (ability to bear loss) and Return Profile
Low - can tolerate up to 1 period of underperformance over 20 years
Not in target market
Medium - can tolerate up to 4 periods of underperformance over 20 years
Not in target market
High - can tolerate up to 6 periods of underperformance over 20 years
In target market
Very High - can tolerate over 6 periods of underperformance over 20 years
In target market
Extremely High - the investor seeks extremely high risk, speculative or complex products
Not in target market
More Information:
This Fund is considered high risk. It would likely be suitable for investors who has a high risk appetite and can accept high volatility and potential losses in order to achieve the target returns and typically prefers growth assets.
Consumer's need to withdraw money
Daily
Not in target market
Weekly
Not in target market
Quarterly
In target market
Greater than a year
In target market
At issuer's discretion
Not in target market
More Information:
Investors can submit an application to withdraw their investment on any day before 3:00 pm (Sydney time) on the last Business Day of any given month. Funds will generally be available within 21 Business Days of the last Business Day of any given month. However, the Issuer has discretion to make payment up to 70 days following acceptance of a request. Net redemption requests will generally be limited per calendar quarter to an amount equal to 5% of the number of Units outstanding as at the end of the preceding quarter.
