Every investment decision is independently approved. Twice
Before a decision is made to invest in a property development project, it must the unanimous approval of the Investment Committee, which includes an independent committee member who is separate from the Fund’s management team.
The investment is then recommended to the Trustee (Vasco Trustees Limited),which is also independent of the management team. The Trustee assesses the proposed development project against the Fund’s mandate and has ﬁnal say on whether the Fund makes an investment.
The assets of the Fund are held, safeguarded and administered by an independent Custodian (Perpetual Corporate Trust Limited). Perpetual will only act on properly-authorised instructions from the Trustee and in line with regulatory obligations.
Additionally, the Fund is subject to stringent ASIC investment and reporting regulations, which are designed to protect Investors’ capital.