BLUESTAR REAL ESTATE INCOME FUND
This Fund invests in senior secured debt investments in the commercial real estate sector.
Institutional Investors should contact Bluestar directly.
| Main Fund Terms | |
|---|---|
| Structure | Australian unlisted, unregistered open ended unit trust for Wholesale investors only |
| Trustee & Manager | Bluestar Funds Management Pty Ltd |
| Custodian & Fund Administrator | Apex Fund Services Pty Ltd |
| Minimum Investment | $100,000 |
| Investment Objective | RBA Cash Rate plus 4% |
| Term | Open Ended |
| Minimum Holding Period | 12 months |
| Withdrawals | Quarterly |
| Applications | Monthly |
| Unit Pricing | Monthly |
| Distributions | Monthly |
The Investment Process
The Bluestar investment process comes with 100 years of combined experience and trusted expertise.
Investment Process
Our investment process is a combination of the three main segments listed below:
- Investment Strategy: Investment strategy provides the information required to define risk and return outcomes for investors.
- Investment Selection: investment selection is driven by the robustness of the due dilligence. A clearly articulated investment selection process is key to making quality decisions.
- Portfolio Management: Portfolio management is the implementation and ongoing management of the investment, including reporting to the investors.
Investment Strategy
Our investment strategy is a combination of the four segments listed below:
- Economic Research: Critical to understanding the expected return & risk.
- Market Research: Sector opportunities.
- Implications for investment selection and due dilligence: Proviced a road map for deal sourcing, due diligience and assesment of risk.
- Investment committee / board review: These findings to be communicated to the committee or board.
Investment Selection
Due Dilligence
Stage 1
Initial developer & project due diligence
- Developer track record
- Financial strength
- Basic project information
- KYC
Stage 2
Project due diligence
- Detailed feasibility
- Expected return hurdle/risk analysis
- Existing loan/investment terms
- QS report
- Valuation
- Capital structure scenarios
- Exit strategy
- Risk mitigation - capital preservation
Stage 3
Building a diversified portfolio
- Diversification
- Macroeconomic analysis
- Full due diligence pack
- Security structure
- Scenario modelling and risk management
- exposure/constraints analysis
- Fund return/risk analysis
- Exit strategy
- Legal sign off
Portfolio Management
Fund Objective
- Establish objective
- Defined return/risk
Structure
- Fund guidelines
- Portfolio constraints
- Risk constraints
- Investment mix - deal size, duration
Review
- Review each investment
- Report to investors
- Report to board
Implementation
- Implement decisions
- Legal sign off
- Follow process
- Risk management
Disclaimer:
This information has been prepared by Bluestar Funds Management Pty Limited (Bluestar) as an authorised representative of Axius Services Pty Ltd AFSL Number 499066 ABN 64 660 878 713 for general information purposes only, without taking into account any potential investors’ personal objectives, financial situation or needs. This information may consist of forward looking statements which are subject to known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Funds to be materially different from those expressed or implied. Past performance is not a reliable indicator of future performance. This information is only for wholesale investors. Neither this information nor any of its contents may be used for any purpose without the prior consent of Bluestar. All figures stated herein are in Australian dollars unless otherwise stated.