PRODUCT
Sparc Mortgage Income Fund
Overview
• Fund seeks to provide a stable level of income while preserving capital and limiting risk
• Fund invests primarily in real estate debt in Hong Kong, which may include mortgages, loans, asset-backed and mortgage-backed securities or real estate-related securities
• Structures diversified mortgage portfolios by adopting securitization techniques to enhance investment returns
• Low correlation to other asset classes providing strong portfolio diversification benefits.
Why Invest In This Fund
Sparc Capital focuses on Hong Kong residential property market which has low volatility and offers stable return.
One-of-a-kind cash management alternative to time deposits and money market funds which makes Sparc the pioneer in the marketplace.
Significant flow of potential deals from small and medium sized developers and money lenders.
Fund Manager | Sparc Mortgage Income Fund |
Initial Offer Period | 2 May – June 2022 |
Expected return | Targeting 4-5% per annum |
Distribution | Quarterly |
Benchmark | 3 Month HIBOR |
Investment Universe | Hong Kong Residential Mortgage-Backed Securities, Whole Loan Residential Mortgages And Related |
Management Fee | 0.5% |
Subscription | Monthly |
Minimum Subscription | HK$10,000,000 (subsequent investment HK$5,000,000) * *Reduced minimum and minimum subsequent investment amounts may be available, subject to fund manager discretion |
Redemption | Quarterly with 90 calendar days notice |
Investment Manager | Sparc Capital Management Ltd. |
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Product Features
Low Risk
To reduce risk, we invest in a secured asset class with closely monitored LTV and Debt to Income levels.
Stable Income
Stable and predictable quarterly distributions with a competitive yield above corporate credit with a similar risk profile.
Capital Preservation
Achieved through selective origination and favourable structuring to maximise the margin of safety.
Want to learn more?
Location
Room 901-902, 9th floor, Tai Tung Building,
8 Fleming Road, Wan Chai, Hong Kong
Phone
+852 2134 8688
enquiry@sparccapital.com