Investec Property Opportunity Fund No.2

Investec Property Opportunity Fund No. 2 (IPOF2) is an unlisted closed fixed term opportunistic property fund which aims to deliver a total return of 15% per annum pre tax:

  • Second fund in the IPOF series
  • Launched in late 2010 with total equity commitments of A$38.6m
  • Fixed term of 5 years unless terminated earlier by us or by operation of law, or extended by a special resolution of unitholders
  • Consists of a stapled vehicle which invests in an actively managed diversified portfolio of investment and development assets

Fund snapshot
Statistic As at end December 2011
Fund size (gross assets) A$57 million
NTA per unit Fully Paid A$1.06
Original min. Investment A$250,000
Distribution payments Quarterly,although not guaranteed
Withdrawals Not applicable
DRP Not applicable
Total borrowings nil
Gearing Ratio (lookthrough)
34%
Number of Investors 127
Earliest fund termination October 2015

The table below outlines a summary of the distributions by IPOF2 to investors to date. Please note that past performance is not an indicator of future performance.

IPOF2 Distributions
IPOF2 Distributions since inception
  Fully Paid
Dist 1
Feb-12
16 cents
Total
  16 cents