Cromwell (unlisted) Property Fund (ARSN 119 080 410)
An unlisted direct property fund which aims to provide investors with a tax deferred income stream.
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| Rebate Offer |
4% (100% rebate of initial commission)
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| Featured Investment |
Featured in our June 2008 Investment Newsletter |
| Minimum Initial Investment |
$10,000 |
| Product Disclosure Statement |
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| Cromwell Property Fund is an unlisted fund investing in direct property, providing investors with an alternative to the volatility associated with most managed (equity linked) fund investments. Currently paying 8c/unit*. The fund aims to provide tax deferred monthly distributions to investors.
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Key features and benefits |
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Experienced Fund Manager
Cromwell Group is an Australian owned property investment company with over $1.7 Billion under management3 and a proven track record of developing high quality, high yielding investment products.
Blue Chip tenants
42 tenants with 83% of gross rental income coming from Government or blue chip tenants and a 4.6 year weighted average lease term.3
Investment Diversity
The CPF contains 11 non-residential properties across 5 Australian States and Territories valued at $464 million.3
Up to 100% Tax-deferred income
Investing in unlisted direct property can provide tax advantages. Due to the significant building and depreciation allowances on new buildings results in a proportion of income received being tax deferred. In the Financial Year 07, the fund delivered 100% tax deferred distributions.
Low volatility
Unlisted property's relatively low volatility is attractive to risk averse investors. Unlike LPTs, unlisted property allows investors to gain exposure to property without the impact of equity market sentiment.
3 Figures as of 31 December 2007
* The current unit price is $0.9799 as of 23rd June 2008 |
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What do we get paid
Wealth Focus will rebate 100% of the 4% entry fee on investments in the Cromwell Property Fund as additional units. Wealth Focus may also receive a trailing commission of up to 0.25% pa of the value of the investment loan. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor.
