The Fund will provide Investors the opportunity to select from different Investment Options, each offering exposure to a different loan either directly made by the Fund or indirectly via a funded participation arrangement or an investment in another managed fund.
The commercial mortgage market in Australia is a highly regulated market, offering, by virtue of these regulations, greater protections for investors invested in debt funds. Zank is a non-bank commercial lender in Australia and has provided stable and predictable return since establishment in 2014. Zank Income Fund is its flagship retail investment product. The Zank Select Investment Fund will provide investors with a co-lending opportunity with our flagship product, via a participation arrangement with the Zank Income Fund, as well as some opportunities to invest directly into loans. Investors may choose which loans they wish to invest in. Importantly, investors exposure will be limited to the loan that the relevant Investment Option invests in and in no other loan.
The Zank Select Investment Fund is designed for Wholesale Clients who are primarily looking for discrete investment opportunities with clearly defined risks and returns.
An Investment Option Memorandum will be issued in respect of each Investment Option setting out investment specific details about the:
– Underlying Property
– Loan terms and security
– Minimum Investment Amount
– Target Return
– Investment term and withdrawal rights
The assets, liabilities and returns of each Investment Option will be separate from each other Investment Option.