Cash Flow Finance (Luxury)

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Fund Portrait

The Fund issues loans to the luxury sector by taking hard assets as security. The LTV is between 50-75% of the liquidation price for the assets. The assets are stored and secured with Ferrari Express Inc., one of the biggest third-party vault providers in the world. Once the loan has been reimbursed, the goods are released and returned to the loan customer. The Fund targets a return of 7% + p.a. Duration of the loans is max. 12 months. The strategy is suitable for medium/long-term investors looking for positive consistent performance.

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TYPE STRUCTURELiechtenstein SICAV- AIF
DOMICILELiechtenstein
LAUNCH DATEJune, 2020
MANAGERAccuro Fund Solutions AG
DISTRIBUTOR SWITZERLANDOpenFunds Investment Services AG (Switzerland)
AUDITORPricewaterhouseCoopers AG
CUSTODIANLiechtensteinische Landesbank AG
REGULATORFMA
PAYING AGENT SWISSOpenFunds Investment Services AG
GEOGRAPHYGlobal
SECTORLuxury
SHARE CLASSESRetail and Institutional
CURRENCYUSD, EUR, CHF
INITIAL CHARGES0%
SUBSCRIPTIONSMonthly
LIQUIDITYMonthly
MANAGEMENT FEEInstitutional share class: 0.75% p.a. / Participating share class: 1.25% p.a.
PERFORMANCE FEEno performance fee
FUND SIZEUSD 5,6 mio
MANAGER TRACK RECORDActive in the sector since 1995
ISINPlease refer to the factsheets
BLOOMBERG CODEPlease refer to the factsheets