Investing in camping equipment?
Why not get an investment return?
The FinCap Caravan & Camping Fund I has been established to capitalise on the growing trend of domestic tourism, with a specific focus on caravan and camping tourism.
With c. 800,000 caravans registered in Australia and growing, the fund’s investment in company Caravan and Camping AUS, formerly known as Iluma Solutions, has leveraged this trend as a parts supplier to the caravan sector.
What is the FinCap Caravan & Camping Fund I?
The Fund has invested in Caravan & Camping Aus Pty Ltd (ACN 660 478 428), formerly known as Iluma Solutions, an established, Melbourne-based business that designs and sells parts and accessories that are sold directly or indirectly to domestic manufacturers of campervans, caravans and camper trailers (‘recreational vehicles’ or ‘RVs’).
This investment by FinCap will support the national expansion of popular B2B products, rollout of new product pipeline, direct to Consumer (DTC) e-commerce offerings and strategic acquisitions to accelerate growth.
Target Net Return
>30% IRR
Time Horizon
3 - 5 Years
Industry Sector
RV Parts & Accessories
Minimum Investment
$25,000
Currency
AUD
Asset Class
Private Equity
Important Information
The units in the Fund are issued by FinCap Custodians Australia Pty Ltd (ACN 642 464 284) AFSL 540419 (FinCap Custodians) as trustee of the FinCap Caravan & Camping Fund 1 (the Fund).
Information provided on this website is prepared by the Fund Manager, FinCap Australia Pty Ltd ACN 614 590 466 (FinCap Australia) corporate authorised representative No. 001283049 of FinCap Custodians Australia Pty Ltd (“we, us”) and is subject to change without notice. No information on this website constitutes advice, an advertisement, an invitation, a confirmation, an offer or a solicitation, to buy or sell any security or other financial, credit or lending product or to engage in any investment activity, or an offer of any banking or financial service. Some products and/or services mentioned on this website may not be available in all jurisdictions.
Risks
There are risks involved in investing in the FinCap Caravan & Camping Fund I. Please ensure you have read and understand the Fund’s Term Sheet, which contains further information.
No Advice
Any information provided by us on this website is provided for general informational purposes only and we did not take into account the investment objectives, financial situation or particular needs of any person when preparing this information. You should, before acting on this information, consider the appropriateness of this information having regard to your personal objectives, financial situation or needs and read the applicable Fund Documents (which are available upon request) as well as the FinCap General Terms and Conditions (which are available on this website).
Returns Not Guaranteed
Neither FinCap Custodians or FinCap Australia guarantees repayment of capital or any particular rate of return from any investment. Investment in the Fund is subject to risks including delays in repayment and loss of income and capital invested and is suitable only for potential investors who do not require liquidity for their investments.
Past performance
All securities and financial products or instrument transactions involve risks. Past performance of any product described on this site is not a reliable indication of future performance.
Forward looking statements
Economic and outlook forecasts are not guaranteed to occur. Any forward looking statements on this website (including statements of intention, projections and expectations of investment opportunities and rates of return) are made only at the date of publication based on current expectations and beliefs but involve risks, contingencies, uncertainties and other factors which may be beyond the control of FinCap Custodians and FinCap Australia which may cause actual outcomes to be materially different. Assumptions underlying such statements involve judgements which may be difficult to accurately predict. Therefore, such forward looking statements included on this website may prove to be inaccurate and should not be relied upon as indicative of future matters.
*Fees
A once-off equity raising fee of 5.0% (excluding GST) of the capital raise, exclusive of management fees, annual fees and expense reimbursements, payable to the Investment Manager, to cover both commissions paid and costs associated with originating and executing the Transaction.
Commissions may include those in relation to opportunity origination or introduction, capital raising and transaction execution. Commissions will be paid by the Investment Manager to the counterparty and will vary on a case-by-case basis.
Investment Management Fee
1.8% per annum (excluding GST) of the Capital Raise, payable annually in advance. 3 years of management fees will be raised by the Fund up-front and drawn down annually.
Trustee Fee
$10,000 per annum (excluding GST) to partially cover the costs associated with maintaining an AFSL, payable annually in advance. 3 years of Trustee Fees will be raised by the Fund up- front and drawn down annually
Provision for annual administration costs
A budget of $10,000 (excluding GST) per annum to cover ongoing costs associated with administering the Fund over its lifetime. 3 years of budgeted annual administration costs will be raised by the fund up-front.