The purpose of the FCICA PLUS Fund will be the investment in companies and/or vehicles dedicated to the exploitation of agricultural businesses, mainly in the ADBlick Granos Trust, which is beginning campaign No. 14 and has shown income of 22% in the last two years. and 17.99% in official dollars. With more than 20 years of experience in the large-scale agricultural business, ADBlick Granos operates through the diversification of areas and crops and contracting insurance to mitigate climate risk and great flexibility from season to season in agricultural plans.
The minimum subscription amount is $20,000 or its equivalent in US dollars and the risk rating issued by the Risk Rating Agency of the Tres de Febrero University (UNTREF) is AA-(ccn) which means very good performance capacity, administration, operability and performance.
The shares will have a public offer and will be listed in BYMA.
“The opening of this new Fund (FCICA PLUS) allows us to expand the offer so that more individual and institutional investors in the capital market can participate in a large-scale real economy business, structured in official dollars and with a secondary market. It is a good portfolio diversification option with excellent competitive advantages and complementation with respect to other financial instruments. The tax efficiency, given by the deferral of the income tax and the computable investment for the determination of the situation of the State of Coverage for insurers according to the resolution published by the Superintendence of Insurance of the Nation, are other factors that attract both small and large investors” highlighted Marcelo Hegel, CFO of ADBlick Granos.
Allaria Fondos will be the managing company, Banco Comafi the depository company, Allaria Ledesma & Cía. SA will be the Organizer and Placement Agent. Finally Deloitte will be the external auditor and Tanoira Cassagne Abogados will be the legal advisers and ADBlick Granos the investment adviser.
Source: Ambito
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