RE: Not long to wait SYME Holders!! :)19 Dec 2021 15:29
Global Inventory Monetisation Fund launched
As stated in the recent 2020 Annual Report, following the acquisition of TradeFlow Capital Management Ltd ("TradeFlow"), the Company now manages three Open-Funding structures, in addition to the Bank-funding routes. The three open funding routes are:
· the inventory-backed securitisation note programme, also distributed by StormHarbour Securities LLP;
· a Shariah compliant investment product;
· a new proprietary structure, which includes the two existing TradeFlow Funds of which Tradeflow is also the investment advisory company.
With reference to the new structure, the Company is pleased to announce that it has agreed with Apex Group[1] to launch a comprehensive inventory monetisation fund, comprising four components ("the funds"):
· Two funds focussed on "inventory in-transit" monetisation (import/export transactions), advised by TradeFlow. TradeFlow has a positive track record over the past three years;
· Two new funds, focussed on "warehoused goods monetisation". These funds will also be advised by TradeFlow and will be focused on UK, UK Common law (including MENA region) and Italian monetisation transactions.
It is expected that the Global Inventory Monetisation Fund will establish new components following the Group's business expansion (i.e. new geographies, special situations, etc.). The funds historically advised by TradeFlow have enjoyed consistent returns, returning + 6.01% net in 2019 and + 5.93% net in 2020, delivering net Average monthly returns of +50bps to investors with a volatility of returns below 0.75%.