| Investment citeria |
|
| Asset allocation: |
Prime Central & South West London |
| Typical transaction size: |
£250k to £500k |
| Principal Investment period: |
12-18 months from initial closing |
| |
|
| Fund Features |
|
| Asset Manager: |
Joe McTaggart |
| Launch date: |
April 2011 |
| Sector: |
Residential property |
| Target fund size: |
£10m equity |
| Target return: |
10.49% IRR |
| Income distribution |
n/a |
| Minimum investment: |
£5,000 |
| Fund life: |
5 years from launch |
| Structure: |
Scottish Limited Partnership |
| |
|
| Fees |
|
| Initial fund fee*: |
2.5% |
| Initial adviser fee: |
Up to 5% |
| Trail fee: |
n/a |
| AMC |
2% |
| Performance fee**: |
20% |
| Hurdle: |
7% |
| SIPP/SSAS: |
Accepted by 25+ providers |
| Wrap platforms: |
Ascentric, Nucleus, Transact, AJ Bell |
| ISA |
n/a |
*0% for first £750k of investment
**Performance fee is only paid at end of term when fund is wound up
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Important Notice: If you are in any doubt about the contents of this document, you should consult a person authorised under the Financial Services and Markets Act 2000 (the FSMA”) who specialises in advising on the acquisition of securities and other similar investments. This document is only an outline of the scheme and prospective investors and their advisers are directed to read in full the Information Memorandum available from Walls & Futures (GP) Ltd (the “General Partner”) at 3rd Floor, 111 Buckingham Palace Road, London, SW1W 0SR or Dunadd Asset Management (the “Operator”) at 26 New Street, Paisley, PA1 1YB, Scotland, United Kingdom before making any investment. Walls & Futures London Growth Fund Limited Partnership (the “Fund”) is a collective investment scheme as defined in the FSMA. The Fund has not been authorised or otherwise approved by the UK Financial Services Authority and, as an unregulated scheme, it cannot be marketed in the UK to members of the public generally. This document can therefore be issued in the UK only to persons authorised under the FSMA to carry on investment business and to certain categories of investor to whom unregulated collective investment schemes can be marketed without contravening section 238 of the FSMA. |
Fund facts
