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Cromwell

Discussion in 'Other Asset Classes' started by hillsguy, 12th Sep, 2016.

  1. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    45
    Location:
    Sydney
    Hi folks, just wanting to know if anyone has invested in this fund from Cromwell ?

    Cromwell Phoenix Opportunities Fund | Cromwell

    I am looking at parking some of my $$$'s here for next 3 - 5 years and all the research I have done so far looks good.

    Interested in others input ...
     
  2. Hodor

    Hodor Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    742
    Location:
    Homeless
    3-5 years seems to be a short time line to be investing in a small/micro-cap type fund.

    Fees are 0.15% + 20% of return above the watermark (not an index).

    What are your goals and why do you want the money in 3-5 years?

    What % of your asset allocation in equities will this investment represent? Do you want a large % of your allocation in small caps?

    They haven't exactly been around for a long time.

    I don't invest in or plan to invest in the fund, doesn't meet my goals. The above represents some key points I would think about when considering the fund after looking at it for five minutes.

    My perspective isn't educated or experienced so keen to hear others thoughts.
     
  3. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    902
    Location:
    Melbourne
    IMHO I have no idea why Cromwell want to even try this. They should stay with what they are good at: commercial property.

    The Y-man