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Please note: This offer is now closed
NAB Specialised Investments offer the Valad Opportunity Fund No.11 that aims to provide a higher rate of return from a diversified portfolio of property development and repositioning projects over a three year investment horizon.
This style of investment opportunity is not generally available to retail investors.
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This offer may benefit investors seeking a higher risk return profile than conventional core property assets. This investment is not liquid.
Minimum investment is $20,200 with a forecast IRR1 of at least 17% pa2.
Offer open date: 3 May 2007
Offer close date: 29 June 2007
Further Information
For further detail on the Valad Opportunity Fund No. 11, please refer to the Fund Product Profile
We have attached a Product Disclosure Statement for the offer. Investors should obtain and consider the Product Disclosure Statement for the offer of investments in the Fund before deciding whether the investment is appropriate for them and whether to acquire units in the Fund.
Our Financial Services Guide is also attached. This sets out NAB’s role and the fees it will receive in respect of the proposed offering. You should read the FSG in conjunction with the other information contained on this page.
1. IRR or Internal Rate of Return is the discount rate that results in a net present value of zero for a series of future cash flows. The IRR is generated by an investment over its life or a given timescale, taking into account the purchase price and sale proceeds and all cash flows associated with the holding. Unless otherwise stated, an IRR where quoted on this website is on a pre-tax post-fees and expenses basis.
2. This is not a forecast and should not be relied upon as such. The target return is based on certain assumptions and is subject to investment risks, further details of which are outlined in the PDS.
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