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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INVESTMENT MANAGER Delgatto Capital Group, LLC
FUND DelGatto Diamond Finance Fund
TYPE STRUCTURE Cayman Islands (OEIC), Open-Ended
DOMICILE Cayman Island
LAUNCH DATE December 2018
DISTRIBUTOR SWITZERLAND OpenFunds Investment Services AG (Switzerland)
AUDITOR Cohn Reznick
CUSTODIAN DGA Security
REGULATOR Cayman Islands Monetary Authority (CIMA)
PAYING AGENT SWISS Società Bancaria Ticinese SA (Switzerland)
GEOGRAPHY Primarily US
STRATEGY Direct Lending/Trade Finance
CURRENCY USD
INITIAL CHARGES 0%
MINIMUM SUBSCRIPTIONS Institutional share class: 3,000,000 USD, Retail share class: 100,000 USD
LIQUIDITY Monthly with 90 days' notice
MANAGEMENT FEE Institutional share class: 1%, Retail share class: 2%
PERFORMANCE FEE 20%
FUND SIZE USD 80 m
MANAGER TRACK RECORD Available upon request
ISIN Please refer to the factsheets