alpha fund - smsf (self managerd super fund) world australia conference 2011
TRANSCRIPT
Contact us at (02) 8916 2750 . [email protected] . www.alphafund.com.au
• Invest in Australian Lease Backed Securities• Strong Returns/regular income• 3-5 year time horizon
Are Your SMSF Clients Seeking a Better Return?
ALPHA Fund GOLD SPONSOR of
Come and talk
to us at:
SMSFs are increasingly seeking options for higher returns and asset allocationalternatives.
ALPHA Fund provides Advisors the opportunity to introduce their clients toa well established, high performing asset class. This class, dominated by thebanks for the last 50 years, is now available to SMSFs.
The ALPHA LBS Income Fund provides:
3 11.25% Targeted Returns
3 Regular Income
3 Low Risk Profile
3 Liquidity
3 High Diversity
HighReturns
RegularIncome
Liquidity Diversity
20 - 22 June 2011 Sydney Harbour Marriott Hotel Australia
“ALPHA has packaged one of thebanks best performing assets into
an investment product now accessible to SMSFs – Commercial
Equipment Lease Portfolios.”
Request an information package today.
Australian Financial Services Licence 394797
Alpha_A4_SMSF_Sponsor_015_Layout 1 3/06/11 4:48 PM Page 1
ALPHA LBS Income Fund Key Terms
Investment objective
Underlying investments
Key benefits
Units
Fund structure
Key risks
Performance fee
Applications
Redemptions
Investment horizon
Minimum investment
Taxation, income distribution& reinvestment
The Fund seeks to provide a highly diversified and low risk annuity style return, with a targeted returnof 11.25% per annum (net of administrative and management costs).
The Fund will invest primarily in leased backed securities (LBS). An LBS is an instrument secured by thecash flows of eligible commercial equipment leases. The originator will source underlying leases fromseveral eligible credit types across broad industry categories in Australia. Credit types include Government,institutional grade, and SME leases. Structural support will be provided by the originator to mitigate andsubstantially remove the risk of capital impairment for the fund.
• Low earnings volatility due to fixed price of commercial equipment Lease Agreements underlying LBS• Diversified pool of lessees for underlying LBS• Highly liquid investment due to constant capital return from LBS.
This information Memorandum relates to the offer of ordinary units (Units) in the Fund to wholesale investors issued on a fully paid basis.
The Fund is an Australian unregistered unit trust. The trustee of the Fund is Alpha Lease Fund AustraliaLimited.
Investing in the Fund entails a number of risks, such as potential delays in withdrawals from the Fundand falls in the value of an investment, which should carefully be considered before making an investment decision.
A performance fee will be payable quarterly by the Fund to the Manager for returns in excess of the 11.25% benchmark rate as follows:
Applications for Units will generally be processed in the first week of each month. Units will be at theNet Asset Value per Unit as at the relevant Valuation Date except for the initial issue of units, which willbe at an issue price of $1.00 per unit.Initially, Unit holders will be issued an 'Application Unit' in the Fund which converts into Units once theApplication Price is known.
Redemption of Units will generally be processed on a quarterly basis on each withdrawal valuation datesubject to the redemption policy of the Fund. Units will be redeemed at the Net Asset Value per unit asat the relevant Withdrawal Valuation Date.The Manager will be able to suspend, delay, defer or cancel redemptions from the Fund if the Fund isunable to realise the underlying LBS and in other circumstances.
three to five years
$A 50,000
The Manager intends to distribute all income of the Fund to Unitholders on a quarterly basis in March,June, September and December.Unitholders may elect to reinvest their distributions under a distribution reinvestment plan to be madeavailable by the manager.
Contact us at (02) 8916 2750 . [email protected] . www.alphafund.com.au
Request an information package:
Description
Return bracket Performance fee0%-11.25% 0%
11.25%-14.0% 20% of the excess spread in this range
14.1%-16.0% 25% of the excess spread in this range
> 16.0% 30% of the excess spread in this range
Alpha_A4_SMSF_Sponsor_015_Layout 1 3/06/11 4:48 PM Page 2