Zank 888 Fund

INTRODUCTION

Zank 888 Fund*

On behalf of the investment management team at Zank & Company Pty. Ltd. (Zank) it is our pleasure to
present to you an opportunity to invest in the Zank 888 Fund (Fund).

The Fund provides investors access to a range of SIV and IV qualifying investments including:

  • Emerging Companies investments
  • Private equity funds investments
  • Balancing Investments

Objective

To provide SIV and IV investors with access to a diversified range of SIV and IV compliant investments with attractive returns over the medium to long term.

Investment options

  • Emerging companies investments ‐ investment via the Emerging Companies Unit Class, which will invest in the UBS Fund.
  • Balancing investments – investment via the Balancing Unit Class, which will invest in the Zank Property Fund.
  • Venture capital and private equity investments (VCPEF) ‐ via VPEG4 (via a separately managed investment).

STRUCTURE

The Fund is an unregistered unit trust established pursuant to the Trust Deed and is governed by Australian law.

There are two classes of Units on issue in the Fund, being:

1. Zank Emerging Companies Unit Class (Emerging Companies Unit Class): funds subscribed for the Emerging Companies Unit Class will be invested in the UBS Fund and will only have a right to the income and capital received from the Fund’s investment in the UBS Fund, and

2. Zank Property Unit Class (Balancing Unit Class): funds subscribed for the Balancing Unit Class will be invested in the Zank Property Fund and will only have a right to the income and capital received from the Fund’s investment
in the Zank Property Fund.

SIV Investment Guidelines

Under the Old SIV Regime regulations, of the $5 million minimum investment, there is a mandatory requirement to invest at least $0.5 million in VCPEF investments, at least $1.5 million in Emerging Companies Investments, and the remainder of $3.0 million in Balancing Investments.

Under the New SIV Regime regulations, of the $5 million minimum investment, there is a mandatory requirement to invest at least $1 million in VCPEF investments, at least $1.5 million in Emerging Companies Investments, and the remainder of $2.5 million in Balancing Investments.

Under the New IV Regime regulations, of the $2.5 million minimum investment, there is a mandatory requirement to invest at least $0.5 million in VCPEF investments, at least $0.75 million in Emerging Companies Investments, and the remainder of $1.25 million in Balancing Investments.

Units and Distributions

Units are expected to be issued within 10 Business Days of the end of the month in which a completed Application Form and Application Monies are received.

However, the issuance of Units may be delayed by more than 10 Business Days, where the Fund is waiting on valuation information in respect of the underlying investments that the Emerging Companies Unit Class and Balancing Unit Class are exposed to.

Units will be issued using the Unit Price calculated as at the last day of the month in which a completed Application Form and the Application Monies are received, and are issued at the start of the following month.

Distributions are expected to be paid to Investors nominated bank accounts.

RISK

It is important that you read and consider the risks associated with the investment in the Fund before deciding whether to invest, as well as considering with your financial advisor whether this investment is suitable for your financial objectives, situation or needs – none of which have been considered by the Trustee or Investment Manager.

Neither the Trustee nor the Investment Manager guarantees distributions or capital returns.

INVESTMENT DETAILS 
Investment Manager Zank & Company Pty. Ltd.
Trustee and Custodian Vasco Custodians Pty Ltd
Administration Manager Vasco Fund Services Pty Limited
Underlying Funds Zank Property Fund
UBS Australian Small Companies SIV Fund
Vantage Private Equity Growth 4
Minimum Investment Significant Investor Visa – $5 million total commitment
Term 4 years