This exciting fund was established in mid 2004 to invest in the growing tourist park sector (eg. caravan parks, holiday parks). The fund is an unlisted stapled security structure. Aspen Funds Management limited, a subsidiary of Aspen Group has been appointed to manage the fund and will draw on the property investment and management experience of the Group. Aspen Group is also a cornerstone investor in the fund.

The Fund currently owns twelve parks, eight in Western Australia, one in Queensland, two in New South Wales, and one in Victoria, with total assets under management of now $82 million. The fund aims to continue to acquire further tourist park assets with a view of reaching $150 million in assets under management in the next few years.

The Fund aims to hold quality park assets, which provide tax effective income distributions to securityholders, as well as the potential for capital growth from active asset management.

Features

2.0% Cash Rebate

Minimum investment $10,000

Projected unit yield 8.10%

Projected tax benefits 48%

Distributions paid monthly

Liquidity facility

Diversified portfolio

 

Fees, Charges and Commissions

As with all unlisted property trusts we will be paid a distributor fee, this is equal to 3.0% of the funds that you invest and no ongoing commission. If this investment is lodged through us we will rebate directly to you the 2.0% upfront commission that we receive.

 

 

Further Information

For further information please download any of the following files or right click on the button and 'save target as' to download to your computer (all files are in *pdf format):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IMPORTANT : This information has been prepared without taking into account your investment objectives, financial situation and particular needs. National Financial Solutions Pty Ltd (the authorising licensee) makes no recommendations as to the merits of any investment opportunity referred to on this site or via email correspondence. All indications of performance returns are historical and can not be relied upon as an indicator for future performance. Any investment decision in the products listed is entirely yours. NFS bears no responsibility for the appropriateness of the investment to your circumstances.  NFS will not be held responsible for the performance or security of any investment going forward. Furthermore NFS recommends that you seek advice from an independent person as to the appropriateness of any investment that is placed through our service.