INVEST WITH T.E.
Growth of value with high yield and minimum risk
ABOUT THE FUND
IRQ T.E Development I Fund
The T.E group manages its own investment fund focused on the mezzanine financing of the T.E real estate development projects.
The IRQ T.E Development I Fund (the Fund) is a closed-end fund of qualified investors. It was set up as a sub-fund to Meridon Funds SICAV p.l.c., with its headquarters on Malta. Malta is suitable as a traditional fund domicile primarily due to its stable legal environment, quality jurisprudence and international investment protection. To ensure the maximum security and predictability of its investments, the Fund only invests into projects with valid and enforceable planning or building permits.
The Fund’s yield is created both by fixed annual interest and a share in the final profit of every project. The Fund does not charge its investors any entry, exit, managerial or administrative fees, nor does it take a share in the appreciation of the investment. All of these are borne by the T.E group as part of the operating expenses for its development activities and thus the investor gets his net yield in the same amount as the Fund collects from the project itself.
The owners of the T.E group invest their own private resources into the Fund under the same conditions as the other investors, thereby fully participating in all the potential risks and benefits of the Fund.