.png)
.jpg)
Investment Objective
The Fund is a crowd lending fund with a focus on
short-term loans granted to exporters of
Latin America, via a finance company.
The primary investment objective is to achieve consistent absolute capital appreciation, with low volatility and minimal correlation to equity, fixed income, and through alternative asset indices. Investments are made in short-term collateralized loans to exporters, originated via the finance company. All transactions are granted on a discount basis.
In addition to the interest rate charged to the exporters, a LTV ratio is always applied in order to have an additional margin collateral to the typical ones involved, which are allocated assets of the borrower. LTV ratios are constantly monitored and adjusted until the repayment of the loan takes place, always on a specific collection account of the Fund.
There are no local currencies risk exposures in the portfolio as all deals are signed and collected in US dollars. There can be no assurance that the Fund’s objective will be achieved and investment results may vary substantially on a quarterly basis.
The primary investment objective is to achieve consistent absolute capital appreciation, with low volatility and minimal correlation to equity, fixed income, and through alternative asset indices. Investments are made in short-term collateralized loans to exporters, originated via the finance company. All transactions are granted on a discount basis.
In addition to the interest rate charged to the exporters, a LTV ratio is always applied in order to have an additional margin collateral to the typical ones involved, which are allocated assets of the borrower. LTV ratios are constantly monitored and adjusted until the repayment of the loan takes place, always on a specific collection account of the Fund.
There are no local currencies risk exposures in the portfolio as all deals are signed and collected in US dollars. There can be no assurance that the Fund’s objective will be achieved and investment results may vary substantially on a quarterly basis.
Strategy
The Fund invests in short-term loans granted, via a finance company. The strategy is net long-biased,
with a short-term investment horizon. Investments
are chosen based on fundamental technical analysis.
The Fund may establish subsidiaries in certain jurisdictions to invest in particular locations or particular markets. In such instances, the Fund will provide funding to the subsidiary through equity or debt financing in order to enable the subsidiary to affect the relevant investment.
Management seeks to identify assets, which at present are not widely traded, and for which no large or established market exists, or which are priced at a level which, in the opinion of the Investment Advisors, undervalues the relevant assets. Such assets may be the subject of future restructuring or renegotiation, which in the opinion of the Management will result the upward revaluation of these assets.
The Fund may establish subsidiaries in certain jurisdictions to invest in particular locations or particular markets. In such instances, the Fund will provide funding to the subsidiary through equity or debt financing in order to enable the subsidiary to affect the relevant investment.
Management seeks to identify assets, which at present are not widely traded, and for which no large or established market exists, or which are priced at a level which, in the opinion of the Investment Advisors, undervalues the relevant assets. Such assets may be the subject of future restructuring or renegotiation, which in the opinion of the Management will result the upward revaluation of these assets.
Risk
Investing in the Fund’s securities involves certain risk considerations including currency fluctuations, lack
of liquidity and price volatility of the stock markets.
The Fund invests in short-term loans, via a finance company which also may present additional risk considerations. Also, government involvement in and influence on the private sector, political and economic factors as well as leverage and other factors which might adversely affect the Fund activities and the value of its investments are part of the risk. These risk factors may result in greater share price volatility.
The Fund invests in short-term loans, via a finance company which also may present additional risk considerations. Also, government involvement in and influence on the private sector, political and economic factors as well as leverage and other factors which might adversely affect the Fund activities and the value of its investments are part of the risk. These risk factors may result in greater share price volatility.
Management
Management may engage investment advisors or
sub-investment managers to manage the assets of the Fund. The performance and/or management fees payable to such investment advisors or sub-investment managers will be approved by the investors of Smart Focus International Fund and will be disclosed to investors prior to their investment in the Fund.
The previous description of the strategy represents the investment manager’s present intentions in view of current market conditions and other factors. The sub-investment manager may vary the foregoing investment guidelines and objectives to the extent it determines that doing so will be in the best interests of the investors and in doing so, will not be bound by any predetermined investment restrictions, except for the prohibition on the use of leverage and/or the undertaking of long or short-term borrowing.
The previous description of the strategy represents the investment manager’s present intentions in view of current market conditions and other factors. The sub-investment manager may vary the foregoing investment guidelines and objectives to the extent it determines that doing so will be in the best interests of the investors and in doing so, will not be bound by any predetermined investment restrictions, except for the prohibition on the use of leverage and/or the undertaking of long or short-term borrowing.
- SMART FOCUS INTERNATIONAL FUND LTD
Min. Initial Subscription: $5,000 (Five Thousand USD)Inception Date: May 5, 2021Lock Up Period: None
ISSUE DESCRIPTION: SMART FOCUS INTL FD LTD CUSIP NUMBER: G8233D 106ISIN NUMBER: VGG8233D 1069ISO CFI: CICGLS
.jpg)
.jpg)