KEY HIGHLIGHTS

HEIRLOOM FIXED RETURN FUND (“ALTERNATIVE YIELD FUND”)
MARCH 2023 RESULTS

Though our Alternative Yield Fund saw a slight decline in performance for the month of March, we are pleased that its performance for the quarter was still above its benchmarks.  In the Fund, we expect monthly returns to fluctuate, with each quarterly return to be positive, though this is not guaranteed.

Heirloom’s flagship Alternative Yield Fund is designed to serve as a replacement for Fixed Income or Absolute Return Hedge Funds in an investment portfolio.  The Fund offers a portfolio of primarily asset-backed and/or income-producing investments that provide a strong hedge against inflation and market turmoil.

The Fund is currently open to new investors.  Please contact us for more information at investors@heirloominvesting.com.

NEW CO-INVESTMENT OPPORTUNITY

SECURED PROPERTY LOAN 

One way we build trust and add value to our investors and network is allowing them to co-invest with us in certain transactions.

Our new opportunity involves financing a property loan secured by a piece of land in Texas, and further secured by a Surety Bond issued by an A-rated counterparty.

The land is intended to be developed into a cancer treatment lab affiliated with a nearby university, as well as an affiliated wellness retreat.  The project’s principal is a professor and his partner is a former high-level state government representative.

The opportunity consists of a 150-day loan, with an anticipated net return to investors of 18% annualized.  The loan is scheduled to fund at the end of May.

Heirloom has capacity for U.S.$7mm for outside co-investors.

If you are interested to learn more about this opportunity, please email investors@heirloominvesting.com.

UPDATE FROM HEIRLOOM’S PRESIDENT

OTHER DEVELOPMENTS

CO-INVESTMENT UPDATE

We are pleased that our recent investment in Jade Road Investments (JADE) is already showing progress, with Jade Road beginning its meaningful transformation to reduce its costs and reposition its assets.

Jade has now updated its Investment Policy that allows the Company to expand beyond its previous focus on Asian investments, to seek the best risk-adjusted returns globally.  To fund the new investments, the Company will seek to monetize some of its current assets, as well as streamline its operating costs including reducing the fees paid to its investment manager.

We believe this strategic shift will enhance Jade’s intrinsic value and deliver good returns for the Heirloom investor syndicate.

You can read more here:  https://heirloominvesting.com/jade-road-reduces-costs-and-begins-repositioning/

To register interest and learn more about our various co-investment opportunities, please contact us at investors@heirloominvesting.com.

CEO TODAY MIDDLE EAST AWARDS 2023

We are happy to update that Heirloom Founder Geoff Dover has been honored by the “CEO Today Middle East Awards 2023” in recognition of his leadership, dedication, and contribution in the Middle East for the year 2023.

Please join us in congratulating Geoff on this well-deserved recognition.

NOTE:  No payments were made to be considered for this award.

LINKEDIN UPDATES

ABOUT HEIRLOOM

Heirloom is a boutique investment manager specializing in “niche alternatives” that would be beneficial to most portfolios but that are difficult to access for individual investors or more mass-focused private banks and investment consultants.

DISCLAIMER

This document (“Document”) is communicated to you by Heirloom Holdings or one of its subsidiaries (“Heirloom”). The Document is directed to professional clients only and financial products and/or services to which the Document relates will only be made available to professional clients and not to retail clients. This Document does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction, and may not be relied upon in connection with any offer or sale. Under no circumstances should this Document be construed as an offering memorandum. Products and services offered by Heirloom are not available for purchase except where explicitly permitted by law. 

IMPORTANT INFORMATION:  The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate and thus an investor ‘s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than return data quoted herein.
Neither the sender of this report nor the sender’s third party vendors and data providers make any representations or warranties of any kind with respect to the subject matter herein, whether express or implied. The foregoing parties expressly disclaim any warranties of merchantability, fitness for a particular purpose, accuracy, completeness or noninfringement with respect to the subject matter herein.
The information contained in this consolidated investment summary is not the official record any investment account(s).  The office records may be different than what is outlined here.  This information should not be relied on in any capacity.  It has been prepared for informational purposes only and is not a solicitation by or for a purchase or sale of any securities or other financial instrument.
Values of assets “held away” from – are manually entered based on the information from current statement(s) provided by the respective Fund(s ) or the management of  the Alternative Investment. If there are any discrepancies between this consolidated investment summary report and individual account statement(s), individual account statements as provided by the Fund, or the management of the Alternative Investment, should be the ones relied upon.
All information contained in the Document is confidential and may not be copied, reproduced, distributed or communicated to a third party without the express prior written consent of Heirloom. The information contained in this Document is subject to change without notice.
PAST PERFORMANCE MAY NOT BE REPEATED. Investment funds can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance. Certain performance information is based on estimates of Heirloom or the underlying manager. The Fund is intended for qualified investors who can accept the risks associated with such an investment.  Performance data from certain market indices is provided for information purposes only; a comparison of the Fund’s performance to such market indices is of limited use because the Fund’s portfolio may contain among other things, options and other securities, and may employ leverage, not found in a market index.    

CHART DISCLAIMER

The returns represented above are based on calculations of hypothetical returns from the actual Heirloom Fixed Return Fund SP (“Alternative Yield Fund”)’s Total Return, which is an aggregate of all share classes / series of the fund. Though the figures are taken from the actual performance of the Fund, the returns are hypothetical as these share classes were not in existence since the start of the fund. For the full performance details of the Fund please download the Fund Report. The Index referenced above has different level of volatility than the Fund, is represented by a fixed group of securities that are materially different from the universe of securities invested in the Fund, is not actively managed and does not engage in any short selling of securities.