$111.835 Million Independently Valued Property Fund with Fixed Five Year Term Target return of 11%-14% pa (after all fees and expenses, but before investor tax) Minimum Investment $200,000 Three commercial and two industrial properties in key Auckland locations, all all with significant add value opportunities Improvement opportunities will be completed as appropriate and then the improved properties sold within a five year period Investors will receive a quarterly distribution funded from the rental income (projected pre-tax cash yield of 6% for the first full financial year) and five lump sum repayments of capital and profits as each of the five properties are improved and sold - Yield with Upside Managed by Augusta Funds Management a wholly owned subsidiary of Augusta Capital, a listed company with over $1.4 billion of property assets under management who will retain a 10% holding in the Fund Fund structured as a New Zealand company and portfolio investment entity (current maximum tax rate of 28%) Offer fully underwritten   To register your interest for a copy of the Investment Statement please reply to this email or contact the below selling agents: Mike Houlker P 09 375 8437 M 021 945 927 mike.houlker@bayleys.co.nz Bayleys Real Estate Limited, Licensed under the REAA 2008 Samara Phillips P 09 375 8490 M 021 027 61373 samara.phillips@bayleys.co.nz Bayleys Real Estate Limited, Licensed under the REAA 2008 Sarah Prebble P 09 375 6825 M 027 635 3521 sarah.prebble@bayleys.co.nz Bayleys Real Estate Limited, Licensed under the REAA 2008 0800 BAYLEYS (229539) *Projected pre tax return for full one year period. Details on how the return will be calculated and the risks associated with this investment and return are set out in the Prospectus. The projected return is based on the principal assumptions and method of calculation described in the Prospectus. The offer of an investment in a Limited Partnership by Augusta Funds Management Limited is made on the terms and conditions set out in the Prospectus, dated 13 November 2015. The offer is not yet open. When the offer opens, applications for securities must be made on the application form accompanying the Investment Statement. Prospective investors are recommended to seek professional advice from an Authorised Financial Adviser which takes into account their personal circumstances before making an investment decision. The selling agents are not providing personalised advice, but will provide all prospective investors with a copy of the Investment Statement.