DCSX approved on July 13, 2022, the technical listing of 30,000 ordinary shares of class A (the “Class A Shares”) of The Fennel Fund Ltd. (DCSX Symbol: TFFL-A).
The Fund’s primary investments will be done in real estate developments in the state of Florida in the USA. The Fund may and will also invest in financial assets that are publicly traded in order to manage its short-term liabilities related to the construction and development of real estate projects, with short-term investments in short-term investment-grade bonds and cash-like securities. Matching the maturity of assets and liabilities through an investment process is an additional method of the Fund to increase de value of its assets/profits, being firstly the proceeds of the sale of already sold properties.
The Fund seeks to invest in real estate projects in established zones in the Florida region and manage the short-term investments of a real estate development company. A changing working environment after the covid pandemic, and increased migration to better places, and the natural beauty of Florida makes it one of the best places for real estate investment. Using a smart financial structure is an additional method of creating value and increasing security for investors.
The mandated Listing advisor of the Fund is Untitled LAD Services LLC. Further details about each share class can be found on our Markets page under the Fund Symbol TFFL-A