Real estate (operational and core)
MA Redcape Hotel Fund
Provides investors access to a diversified $1bn portfolio of high-quality hotels located along Australia’s east coast.¹ The Fund targets quarterly income distributions and offers the potential for long-term capital growth.
Redcape Hospitality is focused on continually improving the performance of the venues to deliver investors with quarterly cash distributions.
Ownership of the land and operation of the businesses offers Redcape Hospitality the ability to readily invest in opportunities that add value to the venues.
Access to a multi-asset portfolio diversified by location, sub sector and earnings mix.
Fund overview
As an investment, hotels are historically defensive and cash generative businesses underpinned by diverse earnings profiles, resilient earnings streams and supportive fundamentals.
The Fund offers investors exposure to a $1 billion diversified portfolio of high-quality hotels in well-established locations along Australia’s east coast in NSW and Queensland.1
The portfolio is actively managed by one of Australia’s leading hotel managers – Redcape Hospitality (formerly MA Hotel Management). Redcape Hospitality’s highly experienced team has a successful track record of improving the performance and value of hotels and tailoring the format of venues to meet the needs of local communities to deliver the best possible hospitality experiences for customers.
The Fund aims to provide investors quarterly income distributions and offers the potential for long-term capital growth.
Select hotels in the portfolio
Fund facts
Minimum Initial Investment
$20,000
Eligibility
Retail and Wholesale investors
Distribution Frequency
Quarterly2
Liquidity
Quarterly (capped liquidity)3
Refer to the Fund's PDS for further details and conditions regarding the Fund's capped quarterly liquidity, specifically for the 2025 Financial Year
Performance Fee
20.0% of the outperformance amount above a return hurdle of 10.0% p.a.
Management Fee
0.50% p.a.
Unit Price
$1.4884 (as at 01 December 2024)4
Withdrawal Price
$1.4440 (as at 30 September 2024)5
Distribution Reinvestment Plan (DRP)
Available. Refer to section 6.3 of the PDS
Platform Availability
Australian Money Market, HUB24, Macquarie Wrap IDPS, Mason Stevens, Netwealth, Powerwrap
APIR
MAA8238AU
ISIN
AU60MAA82380
Risks
All investments are subject to risk, which means the value of your investment may rise or fall. Before making an investment decision, it is important to understand the risks that can affect the value of your investment.
There is an extensive regulatory regime that affects many aspects of the operation of the Fund's assets including:
licensing requirements;
- regulations of electronic gaming machines;
- Anti-money laundering laws; and
- workplace health and safety regulations.
A failure by the Responsible Entity to comply with any of the regulatory regimes and associated licenses which apply to its operations may significantly and adversely affect its reputation and financial performance and any Unitholder's investment in the Fund.
Other general risks of an investment in the Fund include but are not limited to:
- the inability of the Fund to meet redemption requests;
- the risk that the Fund does not achieve its investment objective; and
- the risk that Unitholders may lose some or all of their capital invested in the Fund.
Further information on risks associated with the Fund is detailed in the Product Disclosure Statement.
Invest now
STEP 1
Download the Product Disclosure Statement
STEP 2
STEP 3
Submit the Application Form and any required identification documents.
If accepted, valid applications for Units received by the unit registry before 2pm on any Business Day will be processed at the application price, and Units will be issued on the first Business Day of the following month.
Post: GPO Box 3993 Sydney NSW 2001
Hand deliver: Level 8, 210 George Street Sydney NSW 2000
Phone
1300 135 167 (within Australia)
+61 2 8023 5415 (outside Australia)
Resources
Design and Distribution Obligations
Issuers and distributors of financial products must comply with the Design and Distribution Obligations (DDO) from 5 October 2021. Distributors are required to notify the product issuer of any significant dealing in a product that is not consistent with the target market determination and any complaints received in relation to the Fund. For more information regarding distributors’ reporting obligations, please refer to the Fund’s Target Market Determination.
Templates
You can use the Financial Services Council (FSC) reporting templates, or the templates provided below to report significant dealings and complaints to the Responsible Entity.
Any significant dealings or complaints can be reported to: DDO@mafinancial.com
For more information and to arrange a discussion, please contact us.
1. As at 30 September 2024.
2. Subject to declaration from the Responsible Entity.
3. Withdrawal requests are subject to the Product Disclosure Statement and may be delayed or suspended in accordance with the procedures set out in the Product Disclosure Statement and the Fund Constitution. Note that up to 12 months is allowed under the constitution to satisfy withdrawal requests. Refer to the Product Disclosure Statement for details on withdrawals from the Fund. Before making an investment decision, always read and understand the Product Disclosure Statement and all other relevant or updated information regarding the Fund. The Responsible Entity will provide liquidity on a quarterly basis through a Liquidity Facility (Liquidity Facility) on each 'closing date'. The Responsible Entity will prioritize unitholders who have submitted withdrawal requests prior to the quarter ending 30 June 2023 and in accordance with the 'closing date' for the notification of the withdrawal request being 16 May 2023, such that these requests will be redeemed in priority to unitholders who have not submitted a withdrawal request prior to that date (Priority Requests). The Liquidity Facility is currently paused for any new withdrawal requests until the Priority Requests have been satisfied in full. Further, the Responsible Entity expects that the amount of liquidity each quarter will be capped at up to $10 million. Refer to the PDS for further details.
4. For applications accepted in the month prior.
5. The withdrawal price is inclusive of a 2.5% discount. Refer to the PDS for further details.
This information has been prepared by MA Redcape Hotel Fund RE Ltd ACN 610 990 004 the issuer and responsible entity (Responsible Entity) for the stapled securities in the MA Redcape Hotel Trust I (ARSN 629 354 614) and MA Redcape Hotel Trust II (ARSN 629 354 696) (Fund).
The information contained in this document is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making any investment decision you should consider obtaining professional investment advice that takes into account your personal circumstances and should read the current product disclosure statement (PDS) of the Fund and the target market determination (TMD). The PDS and TMD for the Fund is available at https://mafinancial.com/invest/real-estate-operational-and-core/ma-redcape-hotel-fund/. Neither the Responsible Entity nor MA Financial Group or any member in its group guarantees repayment of capital or any particular rate of return from the Fund. All opinions and estimates included in this document constitute judgments of the Responsible Entity as at the date of this document and are subject to change without notice. Past performance is not a reliable indicator of future performance. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Whilst the Responsible Entity believes the information contained in these materials are based on reliable information, no warranty is given to its accuracy and persons relying on this information do so at their own risk. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. Statements contained on this fund page that are not historical facts are based on expectations, estimates, projections, opinions and beliefs of the Responsible Entity as at the date of this document. Such statements involve known and unknown risks, uncertainties and other factors, and should not be relied upon in making an investment decision. These views may not necessarily reflect the views of MA Financial Group or any member in its group. Any references in this document to targeted or projected returns of the Fund are targets only and may not be achieved.
Investments in the Fund are subject to risk including possible delays in payment or loss of income and principal invested. This information is intended for recipients in Australia only.
The Responsible Entity's address is Level 27, Brookfield Place, Sydney NSW 2000. The Responsible Entity, its related bodies corporate, the Responsible Entity's directors and employees and associates of each may receive remuneration in respect of advice and other financial services provided by the Responsible Entity. The Responsible Entity has entered into various arrangements with Redcape Hospitality Pty Ltd in connection with the management of the financial products referred to in this website. In connection with these arrangements Redcape Hospitality Pty Ltd may receive remuneration or other benefits in respect of the financial services it provides.
