There are some aspects of this fund which may require extra consideration before deciding to invest.
Restrictions on transfer
There are rules around transfering in and out of this investment, which may depend on eligibility. For example, overseas investors may not be able to transfer into some New Zealand managed funds. Or there may be restrictions on withdrawals, such as not until age 65 for KiwiSaver funds.
Issuer's description of this product:
Ordinary shares in BoatCo X50-2 Limited
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
This is the price per share of this offer. Additional details may be available.
Closing date
This is when this offer closes to investors.
Key facts
Provider website
Issuer's industry
Other
Fixed offer price details
Fixed offer price description
The price per share has been determined by the purchase price of the vessel paid to Ownaship Limited, plus the cost of additional items installed on the vessel, and reimbursement of the issue costs.
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
BoatCo X50-2 Limited - PDS.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
BoatCo X50-2 Limited - prospective financial information.pdf
BoatCo X50-2 Limited - Vessel Rules.pdf
BoatCo X50-2 Limited - estimated issue expenses.pdf
BoatCo X50-2 Limited - Sale Agreement.pdf
BoatCo X50-2 Limited - Management Agreement.pdf
BoatCo X50-2 Limited - Shareholders' Agreement.pdf
Additional details
Issuer details
Name
BOATCO X50-2 LIMITED
Type
NZ Limited Company
Industry
Other
Website
NZBN
9429048930574
FSP Number
Credit rating
Not provided
Offer details
Date registered
11 February 2021
Date opened
18 February 2021
Closing date
01 December 2021
Continuous issue
No
Further payments may be required
Yes
Restrictions on transfer
Yes
Restrictions on acquisition
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR13039: BOATCO X50-2 LIMITED
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. ownaship.co.nz