Net Asset Value (NAV) of the Trust is the summation of the Property Value, Cost Amortization & Cash Reserve.
￥ 32,153,318
Unit Price
￥ 10,969
Remaining Tenure
68
Cost Amortization
Capitalised Costs related to the acquisition of property & initial Trust expenses are straight line amortized over the Maturity. This balance represents the unamortized cost balance over the Remaining Tenure of the Trust.
￥
1,233,418
Cash Reserve
This Cash Reserve is kept in order to maintain the upkeep of the Property which may include incidental repairs/upgrades or for contingency expenses during a time the Property remains vacant.
Future rental receipts will increase this Cash Reserve aginst expenses & Quarterly Trust Payments which maybe disbursed.
￥ 1,119,901
Average Gross Yield
Gross Booking Receipts within the past 12 months over NAV.
4.89 % p.a.
Platform Fee
Administrative fee charged pa. over NAV
0.50 % p.a.
Performance Hurdle
The return threshold over NAV before Performance Sharing applies.
6.00 % p.a.
Performance Sharing
Returns generated by booking receipts are calculated over the NAV at each payment period. Only the returns over and above the Performance Hurdle are subjected to Performance Sharing. No Performance Sharing will be charged if the returns do not reach the Performance Hurdle.
50.00 % p.a.
Investments Return
From Booking receipts since inception
Total Returns (￥)
￥ 3,877,692
Total Returns (%)
12.03% p.a.
Net Yield
2.83% p.a.
Close
Investor Declaration:
I/We acknowledge and agree:
That I/ we have carefully and fully read all the Trust documents including the Term Sheet and that I/we fully understand their contents and the risks described therein at the time of application and am/are willing to accept that holding Units in the Trust is subject to investment risk, including possible delays in repayment; loss of income and principal invested.
That I/we shall be bound by the terms of the Term Sheet with respect to my/our unitholding by this application.
To be bound by the terms of the Trust Deed governing the Master Trust and Sub-Trusts as amended.
That the Trustee, the Investment Manager or their affiliates, subsidiaries or associates shall hereby be held harmless and indemnified by the undersigned against any loss arising as a result of a failure to process the application, if any information requested has not been provided by the undersigned.
That I/we have such knowledge and experience in financial and business matters or we have obtained advice from a financial advisor such that I am/we are capable of evaluating the merits and risks of my/our acquisition of the Units.
That neither the performance of the Trust, nor any particular return from, or any repayment of capital invested in, the Trust is guaranteed by the Trustee or the Investment Manager, any of their subsidiaries or any other person or organisation.
To not offer, sell or deliver any of such Units directly or indirectly to a U.S. Person or to a Person who is not an Eligible Investor.
That I/we have the right and authority to make the investment pursuant to this Application Form whether the investment is my/our own name or is made on behalf of another person whether natural or legal or body or association of persons and that I / we am/are not in breach of any laws or regulations of any competent jurisdiction and I/we hereby indemnify the Trustee, the Investment Manager and any third party administrator for any loss suffered by them as a result of this warranty /representation not being true in every respect.
To provide such confirmations and representations to any third-party administrator as they may from time to time request and to provide on request such certificates, documents or other evidence as they may reasonably require to substantiate such confirmations and representations.
All information is confidential and is held for Customer Due Diligence purposes
Northwaters Capital Pte Ltd (NCPL) is a company incorporated in Singapore having Unique Entity Number 201802295D which is registered and licensed as a fund management company with the Monetary Authority of Singapore.
By signing this document, the Client acknowledges and agrees as follows:
The Client is applying for the Accounts and/or Services as set out in this Account Opening as specified by the Client
The Client represents and warrants that all information provided to NCPL is true and complete; and will provide NCPL, upon request by NCPL, with any information required for NCPL to fulfill its contractual, regulatory and other legal obligations,
The Client undertakes to notify NCPL immediately in writing of any change to such information
The Client is fully aware of the nature and extent of possible risks involved in the investments of transactions
The Client acknowledges and understood that any reports, analysis or other material or information in relation to investments or transactions are offered to the Client for reference only and shall not constitute to an offer or solicitation of an offer for the Client to transact
The Client, when acting as a trustee/nominee, will notify NCPL the residency status or any permanent establishment status of the beneficiaries involved.
The Personal Data Protection Act 2012 (the "Act"), which regulates the processing of personal data in commercial transactions, applies to the NCPL. For the purpose of this written notice, the terms "personal data" and "processing" shall have the meaning prescribed in the Act.
This written notice serves to inform the Client that his/her personal data is being processed by or on behalf of the NCPL and his/her personal data was, or may be collected in the future, from the information you have provided the Account Opening and/or any other forms issued by the NCPL, or otherwise required in connection with any application. NCPL will be processing your personal data, including any additional information you may subsequently provide, for the following purposes ("Purposes"):
Process Client investments or
Complete the information on the register of the relevant investments;
Contact the Client and to send statements/notices to you relating to the Client account and holdings therein;
Carry out your instructions or respond to any enquiry from the Client
Deal with any other matters relating to your account and holdings therein;
Form part of the records of the recipient as to the business carried out by it;
Observe any legal, government or regulatory requirements of Singapore or other relevant jurisdiction including any disclosure or notification requirements to which any recipient of the data is subject;
To satisfy the NCPL's responsibility relating to 'Know Your Customer' (KYC) requirements; and
Other purposes, directly or indirectly relating to any of the above and the NCPL's
The Client acknowledges and agrees that the Client's personal data may be disclosed to NCPL's affiliates, delegates, business partners, and/or service providers, or any third party and/or agents (including outsourcing agents and data processors), any and all governmental and/or quasi-governmental departments and/or agencies, regulatory and/or statutory bodies, any court and/or officer of the court for any of the above Purposes or any other purpose for which your personal data was to be disclosed at the time of its collection or any other purpose directly related to any of the above Purposes.
The Client has read, understood and agreed with the relevant financial institutions or NCPL's risk profiling, client risk categorization deriving from this Agreement. The Client recognize that the risk profiling and risk categorization determined by the relevant financial institutions or NCPL may be shared between the relevant financial institutions and NCPL for the purpose of processing the account and the risk disclosures.
The Client acknowledges and agrees that NCPL may from time to time make available to the Client additional products or Services and/or open additional Accounts for the Client. Those Accounts, products and Services shall be subject to terms of this Agreement and any additional in terms of specific to those Accounts, products and Services.
The Client acknowledges that NCPL is regulated by the Monetary Authority of Singapore (the "MAS") and is subject to anti-money laundering / countering the financing of terrorism ('AML/CFT") laws and regulations including serious tax crimes) have been designated as money laundering offences in Singapore. The Client thereby represent and warrants to NCPL that:
The Client is advised to seek independent tax advice for his investments and transactions. The Client acknowledges and agrees that the Client is solely responsible for, and NCPL is not responsible for, the tax affairs and obligations of the Client
The Client is not aware of, and no reasonable grounds to suspect, that any assets in, or to be deposited in, the Account are or may be proceeds from any serious crime activity or conduct, whether in Singapore or outside Singapore
The Client has not committed or been investigated for or convicted of any serious tax crimes
The Client undertakes to provide NCPL all the information and documents relating to Client's affairs as may be required by NCPL to comply with its AML/CFT obligations; and
The Client acknowledges that NCPL shall not provide tax advice to the Client and agrees that NCPL shall assume no liability for claims relating to any investment or administration of Client's assets by NCPL which arises from the lack of such advice or from incorrect/insufficient advice.
