THE CRONA
REGISTERED ALTERNATIVE
INVESTMENT FUND
DEVELOP
YOUR
WEALTH
CRONA REAL ESTATE RAIF FUND
MORE ABOUT THE FUND
Crona Fund RAIF V.C.I.C Plc is a professionally managed property fund, registered with the Cyprus Securities and Exchange Commission (“CySEC”) as a Registered Alternative Investment Fund which gives exposure to distinct opportunities via three sub-funds, the Income, development and hospitality sub-funds.
The Crona Fund is structured as a Variable Capital Investment Company under Cyprus' Alternative Investment Fund Law.
The structure is supported by top tier third party professionals, ensuring the highest level of service and oversight.
ABOUT
The Crona
Real Estate Fund
The CRONA FUND RAIF V.C.I.C. PLC is incorporated under the Companies Law, Cap 113 and in compliance with Section VIII of the Alternative Investment Funds Law N.124 (I) of 2018. It is registered in the RAIF Registry held by the CySEC, under No.179 and operates in the form of a public limited liability company as an open-ended umbrella investment company of variable capital.
THE INVESTMENT OBJECTIVE
The CRONA FUND actively pursues investment opportunities across a diverse range of Commercial Real Estate, Residential Real Estate, and other alternative real estate asset classes.
The objective of the Crona Income Sub-Fund is to actively manage a portfolio that is diversified across income-producing real estate assets in Europe, that will benefit its investors with competitive returns from a focus on residential, retail, and commercial real estate in specific and strategic locations. These investments will include direct purchase of properties for rental purposes (Buy to Let), thereby generating an ongoing income for the Sub-Fund.
The objective of the Crona Development Sub-Fund is to invest in real estate assets in Europe, develop or redevelop these so that investors benefit. The focus is on residential, retail and commercial real estate in specific & strategic locations.
The Crona Hospitality Sub-Fund seeks medium to long term capital appreciation by investing primarily in private equity investments related to hospitality in Cyprus and Europe in general.
FUNDS
CRONA INCOME FUND
CRONA DEVELOPMENT
FUND
CRONA HOSPITALITY FUND
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Who can invest in the Fund?Due to the regulatory structure of an Alternative Investment Fund, only selected investor categorizations can invest in the Crona Fund. These include Professional and Well-Informed investors.
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What is the minimum investment amount?The minimum investment amount is EUR 125,000.
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When can an investor invest in or exit the Fund?New investors can invest in the fund by completing the subscription form and providing the relevant documents. The lock-up period is five (5) years. Redeeming from the Fund must be announced in writing before each valuation date bearing in mind the lock-up period as stipulated in the legal offering documents.
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What are the requirements or costs associated with subscribing or redeeming from the Fund?The initial subscription fee for the Crona Fund is up to 5%. There are no redemption fees.
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How often is the portfolio's value calculated and what is communicated to the investors?The portfolio value of the Crona Fund is calculated quarterly and communicated to the investors.
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What types of properties does CRONA FUND RAIF V.C.I.C. PLC invest in?We focus on a diverse portfolio that includes residential and commercial properties. Our strategy is to identify and invest in high-potential properties that offer strong returns and long-term value.
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What is the investment strategy of CRONA FUND RAIF V.C.I.C. PLC?The Fund invests in Real Estate projects. In order to optimise the asset selection, our experienced team of professionals employ rigorous due diligence, market analysis, and risk management practices to ensure that each investment aligns with our goal of delivering superior returns to our investors.
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How does CRONA FUND RAIF V.C.I.C. PLC ensure the security of its investments?We implement comprehensive risk management protocols, including thorough property inspections, frequently required valuations, market trend analysis, and financial stress testing. Additionally, our legal team ensures all investments comply with local and international regulations.
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What are the subscription requirements for investing in CRONA FUND RAIF V.C.I.C. PLC?To subscribe to the fund, investors must complete a subscription form, provide necessary identification documents, and meet the minimum investment threshold. Our investor relations team is available to guide you through the process and answer any questions you may have.
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How can I subscribe to CRONA FUND RAIF V.C.I.C. PLC?Subscribing to our fund is straightforward. Interested investors can contact our investor relations team via email or phone to receive the subscription documents. Once the documents are completed and submitted, along with the initial investment, our team will process your subscription and provide confirmation.
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What support is available for investors during the subscription process?Our dedicated investor relations team is here to assist you at every step. From answering initial inquiries to guiding you through the documentation process, we ensure a smooth and transparent subscription experience.
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What is the management's vision for developing the Crona Fund over the next five (5) years?Crona Fund aims to establish the fund as a leading Cypriot real estate investment, delivering strong returns for investors through strategic investment opportunities and developments. The Crona Fund will focus on generating substantial capital gains while also exploring opportunities for stable income streams in prospective compartments of the Fund.
FUND SERVICE PROVIDERS
Administrator
Fund Manager
Depository
Investment Advisor
Legal Advisor
Auditor
DISCLAIMER
Investments in the Fund do not have a guaranteed return and any past performances are not indicative or secure future returns. Additionally, the value of investments in the Fund’s shares is subject to increase or decrease and therefore, the initial investment is not guaranteed.
Before you decide to invest in the Fund, carefully consider the Fund’s investment objectives, risks, charges, and expenses as written in the latest offering memorandum, i.e. Prospectus, key investor information document and any supplements. Risk category from a scale of 1-7 (low-high risk), we position the Fund at 6, which is above average risk investment and this categorisation is not guaranteed and may shift over time.
CONTACT US
Crona Fund
74 Amathountos,
Agios Tychonas, 4532,
Limassol, Cyprus
Tel:+357 25 774 000
www.cronafund.com
info@cronafund.eu
Eleon Capital Management Ltd.
1 Arch. Makarios III Avenue
First Floor, Office 801, Lakatamia,
2324, Nicosia, Cyprus
Tel: +357 22 021 634
www.eleoncapital.com
fundservices@eleoncapital.com
The Crona Fund RAIF V.C.I.C. PLC ("the Crona Fund") is registered with the Cyprus Securities and Exchange Commission ("CySEC") as a Registered Alternative Investment Fund with registration number RAIF 179. The registration of the Crona Fund in the RAIF Register is not equivalent to authorisation by CySEC