Fund Features
| Investment Type |
GSA Coral Portfolio SCA SICAV-SIF (‘GSA Coral’) is a regulated investment company supervised by the Commission de Surveillance du Sector Financier (CSSF) in Luxembourg. Investors will receive shares in the Coral Student Portfolio (Fund), a Compartment of GSA Coral. The name change to GSA Coral received regulatory approval on the 29th November 2016 and Shareholder approval on the 27th February 2017. |
| Sector |
The Fund invests in a range of purpose-built student accommodation (PBSA) developments or investment properties. A proportion of the investments may be kept in other investments such as bank deposits. |
| Geography |
The Fund principally invests in student housing located in various cities and regions of the G20 countries. |
| Investment Portfolio |
The Fund holds a diversified range of investments in a range of global locations. As the portfolio changes frequently through active management to maximise returns. A selection of properties can be found here. |
| Investment Pipeline |
GSA Coral has a great depth and breadth of contacts giving the Fund access to a wide range of predominantly off-market investment opportunities. Globally, it has access to the resources and 28 years of experience of the wider GSA Group with offices in the UK, Ireland, Germany, Dubai, Japan, Hong Kong, China and Australia to source market leading opportunities. |
| Liquidity |
The Fund is traded monthly. It has a carefully managed liquidity strategy and has an unrivalled track record of providing liquidity whenever required since launch in 2009. |
| Regulation and Managers |
The Fund is regulated and supervised in Luxembourg by the CSSF. It is internally-managed and approved under the AIFMD requirements to ensure a rigorous and transparent reporting structure. It is supervised by a Management Board which includes two members who are independent of the General Partner, Coral S.à.r.l. |
| General Partner |
Coral S.à.r.l. was established in 2009 by a group of experienced industry professionals. It provides a transparent and regulated platform for the fund, which is actively managed with careful attention to risk management and highest standards of service delivery. |
| Independent Depositary |
The Fund has an independent Depositary – RBS Global Banking Luxembourg S.A. The Depositary is supervised by the CSSF and is responsible for the safekeeping of its cash, including subscription and redemption monies. Following investment, the Depositary is responsible for the custody of the underlying assets on behalf of investors. |
| Independent Administrator |
Apex Fund Services (Malta) Ltd, supervised by the CSSF in Luxembourg, is the independent Administrator. |
| Auditor |
Since inception, the Fund has been audited by Ernst & Young (EY) in Luxembourg. |
| Legal Advisers |
The Fund is advised on legal matters by Loyens & Loeff in Luxembourg. |
| Share Classes |
Class A GBP ISIN: LU0407011179 SEDOL: B3KTXV9 Institutional:
Class D GBP ISIN: LU0561976993 SEDOL: B3WXBR1 |
| Target Fund Return |
8%+ per annum. |