|
|
|
|
|
 |
|
| |
|
|
| Rebate Offer |
2.0% (80%) |
| Minimum Initial Investment |
$10,000 |
| Expected Close Date |
CLOSED |
| Description |
The Valad Opportunity Fund No. 12 is an unlisted trust with diversified exposure to Australian property. |
|
Strategy & Horizon
The strategy of the Valad Opportunity Fund No. 12 is to complete the repositioning and development of a number of property assets and seek to maximise value of the realisation of these assets. The Fund has a short-term horizon with all projects expected to be completed within four and a half years, with four of the five projects anticipated to be realised within the first two years. To the extent that any projects remain incomplete at a date 5 years after Allotment, Valad will offer an exit mechanism to all Unitholders to exit their investment.
Strong Track Record
Valad Property Group is a Top 150 ASX listed company with a market capitalisation in excess of $1.6 billion and over $20 billion of funds under management*. Valad has a strong track record of delivering superior returns from property development and repositioning and has achieved a weighted average pre-tax IRR (post fees and expenses) on all completed projects since Valad's establishment in 1995 of 26.3%#. Similarly, the Valad Opportunity Fund series has performed well, having completed five projects to date which have generated a weighted average pre-tax IRR (post fees and expenses) of 28.7%^.
The Valad Opportunity Fund No. 12 will have no direct exposure to the sub prime market or volatility of the listed market.
*Market capitalisation and assets under management as at 31 January 2008.
#Past performance is not a reliable indicator of future performance and should not be relied upon as such.
^Past performance is not a reliable indicator of future performance and should not be relied upon as such. This IRR calculation does not include the IRR attributed to Erskine Park which was an unfinished project. The strategy for Erskine Park was changed and as a result no longer fitted within VOF11’s mandate. Erskine Park was sold at market value, equal to its accumulated cost, as part of the recapitalisation of VOF11. The IRR including Erskine Park is 23.0%.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 2.0% of the 2.5% upfront commission on investments in the Valad Opportunity Fund in the form of a cheque. 2020 DIRECTINVEST will retain 0.5% to cover the costs of marketing, postage & handling and administration of this fund. No trailing commission is paid on the Valad Opportunity Fund No 12. |
 Valad Opportunity Fund No 12 Lonsec Research | | Valad Opportunity Fund No 12 PIR Research |
|
|
|
|
|
|
| Entry Fees | Entry fees are optional. Are you paying entry fees on existing managed funds? more info
|
|