THE ACO INSTRUMENT FUND

MANAGED INVESTMENT FUND

The ACO Instrument Fund is a managed investment fund established for wholesale clients only.

JBWere is the Fund’s Australian Financial Services Licence holder.

The investment objective of the Instrument Fund is to achieve long term capital gains from investing in specified high quality stringed instruments to be loaned to the ACO for use by its players.

 

ASSETS OF THE FUND

The Fund’s first acquisition was Australia’s only Stradivarius violin, secured in 2011 for US$1.75 million, and revalued in May 2014 at US$2.75 million.

The Fund's latest acquisition is a 1714 violin made by Joseph Guarneri filius Andreae and purchased for US$1.35 million by the ACO for the ACO Instrument Fund. The violin was revalued in May 2014 at US$1.6 million.

 

INVESTOR SATISFACTION

The Fund was launched in 2011 with a unit price of $1 and as at June 2014, the Fund was revalued to $1.20.
 
As well as its financial potential, investment in a fine instrument represents a strong philanthropic commitment, in this case supporting the ongoing success of Australia’s most revered performing ensemble. In effect, the investor becomes a patron of the virtuosos to whom the instruments are loaned.
 
An investor also contributes to Australia’s cultural landscape, providing thousands with the opportunity to attend performances that could not be achieved with lesser instruments, and helping support the future of music in Australia.


FOR WHOLESALE INVESTORS ONLY

The Fund is only available to wholesale clients (as defined under the Corporations Act). The minimum investment required is $50,000. For further general information, see the ACO Instrument Fund brochure.

Information Memorandum

2013-14 ANNUAL REPORT
2012-13 ANNUAL REPORT
2011-12 Annual Report
 

FOR FURTHER INFORMATION

To find out more about investing in the ACO Instrument Fund, please contact the ACO at instrumentfund@aco.com.au or +61 2 8274 3800.

To download the media release click here