The Fund’s primary investment focus is on direct and indirect private equity investments, or such other investments if the Investment Manager foresees a pathway to equity. Federation will consider a range of private equity financing stages, including Growth equity, Buyouts and Special Situations. The product may be suitable for investors seeking long-term capital growth, preferring to invest in predominantly growth assets which strives to generate a higher total return. The Fund will endeavour to maintain capital preservation wherever possible however investors may not get back the full value of their investment and in certain circumstances investors could lose all of their investment.

The Fund invests primarily in illiquid growth private equity investments. The Fund will target investee companies that have particular attributes making the investment a good fit for the portfolio. The targeted nature of investments suggests that the level of diversification will be moderate to low across jurisdiction and sector. If the consumer has a low to medium risk/return profile this product may be suitable to hold as a smaller part of their total portfolio. If the consumer has a high to very high risk/return profile this product may be suitable as a core component of their total portfolio.

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.

investors seeking long-term capital growth, preferring to invest in predominantly growth assets, who have the ability to accept a high potential for loss. The Fund is not suitable for consumers who are more conservative or low risk. The risk and return profile classifications are based on the on the view that a portfolio that holds investments in excess of 50% in growth assets is considered high risk to very high if this allocation to growth assets exceeds 90% of the portfolio.

Withdrawal requests are accepted monthly. Withdrawal requests are generally deemed effective and relevant units cancelled, subject to receipt of a valid redemption notice, up to 5 business days following the last business day of any given month. Withdrawals are generally paid within 21 days following acceptance; however, the Constitution allows the Responsible Entity to make payment up to 100 days after acceptance date if it considers that it is in the best interests of investors. Redemptions of Units are limited per calendar quarter to 5% of the number of units outstanding at the end of the preceding quarter (unless the Investment Manager advises the Responsible Entity to apply a higher percentage limit). Within a quarter, the Responsible Entity intends to prioritise redemption requests on a ‘first come first served’ basis, until the 5% limit is reached for the quarter. If the 5% limit is reached for a quarter, redemption requests for Units over the 5% limit will be taken to be cancelled.