The Life Settlements Wholesale Fund (“the Fund”) is an Australian Registered Managed Investment Scheme (ARSN 110 346 695) and uses Life Settlements as its underlying asset.
The Fund is structured as a Unit Trust with a Responsible Entity and Fund Manager (Life Settlements Funds Limited ACN 100 885 505, AFS License 246630).
Life Settlements Funds Limited is an unlisted public company owned 50% by Australian interests and 50% by specialist American provider companies, CMG Surety, LLC and Life Settlement Providers, LLC.
The Responsible Entity has appointed two custodians, Perpetual Trustee Company Limited (Australia) and The Bank of New York (USA).
The Fund’s core activity is to buy and hold to maturity a portfolio of life insurance policies issued by companies in the USA that qualify as Life Settlements.
The Offer
The Life Settlements Wholesale Fund Product Disclosure Statements ("PDS") offers the opportunity to subscribe for units in the Life Settlements Wholesale Fund("the Fund").
The Fund is not restricted in the number of units it may issue under the PDS as the Fund will continue to acquire assets so long as there is demand from investors.
Interested parties should read in full a copy of the PDS and if necessary contact their financial adviser.
IMPORTANT INFORMATION FOR INVESTORS IN THE UNITED STATES OF AMERICA
This offering is not available to investors in United States of America.
Minimum Initial & Additional Investment
Minimum initial investment
$30,000
If the investment is made via an IDPS/Master Trust the minimum investment will be dictated by that service.
Additional Investment
$5,000
If the investment is made via an IDPS/Master Trust the minimum investment will be dictated by that service.