GSA Coral is a unique, globally diversified real estate fund, it was launched in 2009 and invests in a range of international student accommodation assets operated by specialist providers. The Fund is AIFMD approved and regulated in Luxembourg. It is monthly traded, with a target return of 8% + per annum.
The Fund’s structure, which is widely used in other sectors but comparatively unique in student accommodation, is a significant part of our investment strategy. It permits wide diversification and quicker acquisition or disposal of investments when portfolio change or liquidity is desired.
It is this diversification and flexibility that has stood the fund in such good stead since 2009 and which has allowed it to continue to provide strong performance and liquidity – a significant accomplishment in a turbulent investment climate. GSA Coral has a 100% track record of meeting investor liquidity requirements since inception.
A summary of fund features is shown below: -
|Investment Type||Coral Portfolio 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.*|
|Sector||The Fund invests in a range of purpose built student accommodation (PBSA) developments or investment properties. A proportion of the Fund’s 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, details of the current investments can be found in the GSA Coral Investment Portfolio booklet which is updated regularly.|
|Investment Pipeline||GSA Coral has a great depth and breadth of contacts from 25 years at the forefront of the student accommodation sector, giving the Fund access to a wide range of predominantly off-market investment opportunities. Globally, the Fund has access to the wider resources of the 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. The Fund has a carefully managed liquidity strategy and has an unrivalled track record of providing liquidity whenever required since launch in 2009.|
|Regulation and Manager||The Fund is regulated and supervised in Luxembourg by the CSSF. The Fund is an internally managed alternative investment fund and is approved under the AIFMD requirements to ensure a rigorous and transparent reporting structure. The Fund is managed by a management board which comprises three managers, namely the General Partner and two external managers.|
|General Partner||Coral S.à.r.l. Coral was established in 2008 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 safekeeping of the Fund’s 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 Ltd, supervised by the CSSF in Luxembourg, is the Fund’s 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
Class B EUR ISIN: LU0407011419 SEDOL: B3KTXW0
Class C USD ISIN: LU0407011849 SEDOL: B3KTXX1
Class G SGD ISIN: LU0720337285 SEDOL: B3LHJR0Institutional:
Class D GBP ISIN: LU0561976993 SEDOL: B3WXBR1
Class E EUR ISIN: LU0561981480 SEDOL: B3Y81D0
Class F USD ISIN: LU0561985127 SEDOL: B4384Y0
Class G SGD ISIN: LU0720337285 SEDOL: B3LHJR0
|Target Fund Return||8%+ per annum.|
Please visit www.gsa-coral.com for more information on the GSA Coral Student Portfolio, where you will find performance data and summaries of the Fund's strategy and governance.