Defender No.1 Fund

Defender No.1 Fund

The Defender No.1 Fund was established as a special opportunities fund, and is an unregistered managed investment scheme that provides investors with exposure to a broad range of assets and opportunities in small-medium enterprises (SMEs) and micro-cap businesses. The Fund, which has no fixed term, targets an IRR of 15-25% and uses capital to invest primarily in equity, debt and hybrid instruments issued by listed and unlisted SME companies, both in Australia and offshore. A secondary focus of the fund will be in direct property and property securities.Target investments are in the range of $0.5 million to $10 million per transaction and may include:

  • Opportunities where the investment manager can offer strategic, financial or operation advice, and/or business connections;
  • Strong business models & management teams which require capital;
  • Succession solutions for long-standing successful businesses;
  • Private & confidential transactions at a fair value;
  • Leveraged or management buyouts;
  • Restructuring or turnaround stories;
  • Passive investments which offer value or absolute returns; andOpportunistic or activist investments.

A key emphasis is placed on strong franchises with predictable revenue and earnings growth that generate high levels of free cash flow and attractive returns on invested capital.

This fund is currently closed to new investors

Fund Structure

Legal Structure:

Distribution:

Minimum initial
investment
:

Unlisted, open-ended unit trust

Annually at 30 June

A$500,000

This fund is currently closed to new investors

Existing Investors

Unit Registery:
Address:
Postal Address:
Email:

Defender Investment Management
Level 5, 97 Pacific Hwy, North Sydney, NSW 2060
PO Box 630, North Sydney, NSW 2060
info@defenderam.com

Defender No.1 Fund

The Defender No.1 Fund was established in January 2017. An opportunity has presented itself in the tourism sector, specifically in regional NSW, with the sector experiencing strong and consistent growth over the last 10 years. The Fund is targeting tourism assets in and around Australia, with the initial focus on assets within 5 hours of the Sydney CBD. Vertua has identified that:

• Tourism related growth is 4.6% to 2020.
• The tourism asset market is broken down into large institutional grade assets and smaller ‘owner operated’ tourism assets.
• An opportunity exists to acquire smaller and medium size assets which are typically too small for institutional investors.
• There are opportunities to leverage an overall group management structure to oversee and operate assets typically too small to appeal to large investment groups.

Apply for Units

Legal Structure:
Unlisted, open-ended unit trust

Distribution:
Annually at 30 June

Minimum initial
investment
(per unit class)
:
A$10,000 or NZ$10,000
A$5,000 or NZ$5,000 under regular investment plan

Unit Registery:
One Registry Services

Address:
20 Hunter Street, Sydney, NSW 2000

Postal Address:
PO Box R1479, ROyal Exchange, NSW 1225

Telephone:
02 8188 1510