Has anyone viewed the Melbourne Securities Corp ( as responsible entity of the Domacom Fund) half yearly report as at 31 Dceember 2018. It looks to me on page 6 of that report ( available on DCL Website) that their was $21m or adjusted $29M in investment properties held within the fund as at that date another $9M+ in cash on depo ( adjusted).
Rounding that out it takes total FUM to around the $40m level. I'm wondering if anyone has any information on whether the growth in funds ( ie The Milestone of $50m) is likely to be Cash Depo's or Investment properties.
Refer: https://domacom.com.au/the-domacom-fund/financial-reports/ and download the DCL Fund Half Year Report as at 31 December 2018
The relevant pages of the Domacom half yearly report is freely available on Domacoms webpage available on their website above. Contained on page 12 of that report is the property report and comparison to the previous financial period. Given those numbers their must have been a significant increase in investment properties or cash to achieve $50m since 31 December 2018. Would be interested to know if anyone has a handle on which asset class or combo got the uplift from $21m in property investments, as I read it.
Any other ideas would be appreciatted.
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