OPEN FUNDS

THE SPARE PARTS TRUST #1

The Spare Parts Trust #1 is a closed ended unlisted trust that invests in heavy earthmoving components and parts. Actively managed, this high conviction Fund aims to provide investors with a low level of volatility and regular income over the life of the Fund.

As an alternative asset class, the returns generated by the Spare Parts Trust #1 are expected to be uncorrelated with traditional financial assets, providing investors with diversification by component and equipment type, the value of asset, resource, sector, and strategies employed.

Asset backed, the Fund invests in physical assets designed to provide consistent returns through the market cycle*.

TYPE OF INVESTMENT Wholesale unit trust or Managed Investment Scheme (MIS)
INVESTMENT MANAGER YELLOWCHIP FUNDS GROUP PTY LTD
TRUSTEE QUAY WHOLESALE FUND SERVICES PTY LTD
FUND DESCRIPTION The Fund invests in heavy earthmoving components and parts generally utilised in the civil, construction and mining sectors.
INVESTMENT OBJECTIVES The Fund is permitted to invest in domestic and international assets. Managed by component type and machine category, the Fund’s Assets can include new, used and rebuilt components, surplus parts and associated capital assets. Investment strategies regularly employed include trading, service exchange, and asset pooling.
TARGET RETURN 12.00%^ per annum
MINIMUM INITIAL INVESTMENT A$250,000
DISTRIBUTIONS Annually. Distribution reinvestment plan available.

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*The Manager may borrow up to 25.00% of the CAV of the Fund to purchase Assets.
^ Target returns net of fees are not forecast or guaranteed returns. Terms, conditions and risks apply.