The Capricorn Diversified Investment Fund has been established to offer an opportunity to be involved in the long-term commercial future of regional Australia.
The fund is being managed by Capricorn Investment Partners Limited and is designed to have low fees, be small investor friendly and provide good diversified exposure to Australian equity markets.
The product disclosure statement of 1 November 2010 (PDS) for the Capricorn Diversified Investment Fund ARSN 139 774 646 (Fund) provided for a total minimum subscription of $3 million to be raised by 28 February 2011 for the offer in the PDS to proceed.
Directors have now waived the minimum subscription and the Supplementary Product Disclosure Statement can be viewed through the link below.
In addition to waiving the minimum subscription under the Supplementary Product Disclosure Statement, Directors have agreed that CIPL will contribute assets to CDIF to increase the Net Tangible Assets of the fund to at least 97 cents. The Second Supplementary Product Disclosure Statement can be viewed through the link below.
Units in the Fund will be issued by CIPL as responsible entity. To find out more please refer to the Product Disclosure Statement and Supplementary Product Disclosure Statement. You should consider the PDS in deciding whether to acquire units in the Fund.