Offer closed

IPO – Global Wealth Partners Fund Ltd (ASX code: GWP)

Read more about IPOs and placements with CMC Markets Invest

Company Overview

Global Wealth Partners has been established to provide Australian retail investor’s access to international fund managers.
GWP is a listed investment company that will invest initially in four underlying funds managed by leading US based alternative investment managers that predominantly invest in global equities.
Investment Partners include:

Locust Wood Capital Advisers LLC.
Orange Capital LLC
JHL Capital Group LLC
Manikay Partners LLC

Global Wealth Partners Fund Limited is seeking to raise a minimum of AUD100 million and up to AUD300 million.
The aim of GWP is to offer investors:

diversification with global asset exposure and access to alternative investments;
privileged access for retail investors to a select group of leading alternative investment managers, all with proven track records of protecting and growing capital over the medium to long term;
a strong alignment of interests and strategies, at both the underlying fund and the GWP level; and
a simple investment structure that provides liquidity through trading on the ASX and a low minimum investment (subject to a minimum Application amount under the Offer of AUD2,500).

“Favourable” recommendation from SQM research sighting:

Unique and liquid - GWP provides retail investors with a unique and liquid exposure to US based investment funds
Track record - each of GWP’s Investment partners have been able to produce strong returns compared to the market
Management experience - GWP’s team has solid relevant industry experience.

More information on research

Offer

Offer price $1.25 AUD per share, inclusive of service fee and GST
Loyalty Options: Two for every three Shares allocated to you under the Offer provided you are still a Shareholder on 26 March 2015. Exercisable for AUD1.25 on or before the date that is 24 months from the date of admission of the Company to the Official List of ASX.
Minimum investment AUD$2,500, price steps of 500 shares thereafter
The expected listing date for the GWP IPO is Friday 26th September 2014

Applications must be received by our office no later than Friday 12th September 2014:

Margin Lending Account Holders

Customers with a linked Leveraged Equities Margin Loan Facility can also apply
Leveraged Equities have indicated they will apply a Loan to Value Ratio of up to 50% of the market value of an investment in GWP. For further details, please contact your Leveraged Equities Account Manager on 1300 307 807

To Apply:

Download the prospectus which includes an application form below.
Return page 118 (Broker Firm Offer Application Form)
Email: Dealers.Stockbroking.Australia@cmcmarkets.com
Fax: 02 9221 9365
Express post:
Attn: Head of Dealing
CMC Markets Invest Limited
GPO Box 5351
Sydney NSW 2001

The above information has been extracted from multiple sources including the issuing company's the prospectus.CMC Markets does not endorse any material, recommendations, commentary, analysis, trade suggestions or external research discussed or distributed by or on behalf of any external Company or provider and does not accept any responsibility for any claims, liability, loss or damage arising out of or in connection with any external Company or provider. The information contained in this website and offer document does not constitute personal financial advice. You should seek your own independent legal, taxation or investment advice as appropriate before making an investment decision.CMC Markets Stockbroking is not licensed to provide you with margin lending related services or advice. We may receive commission for referring margin lending customers to a particular margin lender. CMC Markets Stockbroking may be entitled to an interest rate rebate of up to 1.00% of the referred customer’s margin loan from the relevant margin lender.

Thank you! You can download the prospectus here

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