FUND DETAILS

Investment Objective

To maximise total return in Sterling terms primarily through capital growth.

Investment Strategy

To invest in UK holiday parks with latent development potential.

Fund Structure

Guernsey unit trust authorised by the Guernsey Financial Services Commission as an authorised

Class B open-ended Collective Investment Scheme.

Gearing

The Fund will utilise modest gearing at a level of around 20%.

Target Investors

Designed as a long term investment for institutional investors.

Dealing

Monthly, on the first business day of each month.

Base Currency

Sterling

Minimum Subscription and Holding Level

£1,000,000

(minimum subsequent subscriptions £100,000)

Unit Classes

 

Annual Management Fee

Class “C” Income and Accumulation Units

 

No lock-in period

0.85% per annum

Class “D” Income and Accumulation Units

 

10 year lock-in period

0.75% per annum

Performance Fee

Redemption Fee

15 per cent of the value of the outperformance above the benchmark  (a 5 per cent annual increase in the Net Asset Value of the Fund).

 

The Manager will however, only receive the performance fee if the NAV per Unit is above the previous high water mark attained during the relevant period.

Time of redemption from acquisition

Percentage Charge

Within one year

15%

Within two years

12.5%

Within three years

10%

Within four years

7.5%

Within five years

5%

Thereafter

0

Please refer to the Fund Prospectus for full information relating to unit classes and the fees charged by the Fund.

Prices

Prices for all units can be found on Bloomberg using the links below:

Note: The manager of the Fund is Darwin Alternative Investment Management (Guernsey) Limited which is regulated by the Guernsey Financial Services Commission.  Darwin Alternative Investment Management Limited is the investment adviser to the Fund and is authorised and regulated by the Financial Conduct Authority.

Darwin Alternative Investment Management Limited:

Registered in England & Wales No. 08100415.

Registered office – Empire House, 175 Piccadilly, London, W1J 9EN. www.darwinalternatives.com