HOW A CAR FUND BECAME THE ULTIMATE EQUALISER

BY: LEX PEDERSEN

Let's cut to the chase, our results for theperiodending31March2023were modest.Sure,our+8%YOYnetreturns held up in a volatile market and outperformedmajorindicessuchasFTSE 100 (+2% YOY), ASX/S&P200 (-4% YOY), andS&P500(-9%YOY).ButtheFund's results lagged behind Hagerty (+13% YOY),HAGI(+14%YOY)andGold(+14% YOY). It's fair for you to ask: "What gives?Wheredidwefallshort?"

We have noted the disparities between the Fund and the HAGI and Hagerty indices before. These indices don't factor in holding and custodianship costs. They tend to focus on either the broader market or niche ultra rare, high worth segments. And their results are weighted, which can skew trends. That's why direct comparisons between our Fund and these indicesmaynotbeentirelyaccurate.

Buttheanswerismuchmorestraightforward. We believe the key to strongerFundreturnsisahealthybalanceof'hold'and'acquisition'returns.

Duetolimitedcapitalthisquarter,the Fund lacked any acquisition returns. Our latest results emphasise the importance of increasing our capacity toacquiremorecars.

Ifyou'repartoftheCTibanterchannel, you know the opportunities keep coming. We were recently offered a FerrariF40,McLarenSLRandabrandnew track-only Ford GT (1 of 20 in the world) - to name a few. All perfect for the Fund, but we are too strapped for FUMtoaddtoourholdings,fornow.

Whilstgrowthisgood,it'snotenough. The Fund needs more firepower to take advantage of the ample opportunities that await us, especially as we set our sights on the crème de la crème of automotive art. While our FUMcontinuestoclimbeveryquarter, we need to ramp up our investments andmakebigmoves.

We only invest in best-specimens, with low mileage and rarity. But there's even greater demand and potential payoff for numbered series cars with international appeal. These cars still have significant upside potential, but they are at a higher pricepointthantheaveragecarinour current fleet. To tap into the top-tier market segment today, the Fund would have to either secure twice the capital or hold half the number of vehicles.

While it may require significant effort, there are compelling reasons to focus our fleet on the top-tier segmentthesecarstendtobemoreresistantto marketfluctuations.Whenthemarket experiences a downturn, buyers becomemoreselectiveaboutthequality and models they will invest in. These top-tier vehicles are exactly what discerning buyers are looking for and continuetoexhibitstronggrowth.

We can't just swap out all our current cars for fewer top-tier ones. Our currentcarsarethefinestexamplesof their segments, and our analysis indicates they have strong appreciation potential. The only answer to our predicamentistoraisemorecapital.

We're hustling to secure the capital required to turbocharge the Fund's returns. Our efforts involve setting up a distribution plan and network and collaboratingwithselectfamilyoffices.

But don't let the missed Fund opportunities bring you down. We're in the driver's seat here - every opportunitycomestous,first.Andthis meanswe'reaheadofthegame.Sufficiently capitalised, we can accelerate theFund'sgrowthpotential.

And don't forget that one of the most exciting prospects for the Fund's futureisitsappealtotwodistinctand significant communities: those seeking reliable and robust returns, and thosewhohaveapassionforcars.

Results Focussed

Investingincarsisn'tjustforrev-heads anymore. More of the public is noticing that not all cars are created equal,somecarshavethepotentialfor generating significant returns. Because car investments have a proven trackrecordofperformancethat'snot tied to the market and is assetbacked,they'reapromisingoptionfor thosewhoprioritiseresults.

1,7,8

AndI'mnotjustsayingthat.Azimut,a European asset manager, just laun-

hold out, sceptical that it hasn't been

Car Focussed

The Mach 1 Fund is more than just an investment opportunity, it's a community of car enthusiasts who are hungry for a platform to indulge their passion. This group of investors sees theFundasawaytofueltheirlovefor carswithtangiblebenefitslikeevents, track days, and lively banter, all while making their hobby economically viable.

From family offices to private collectors to established dealerships, people are constantly reaching out to me for ways to get involved with the Mach 1 Fund because they recognise our efforts to legitimise a hobby as a soundinvestmentspace.

For these guys, it's not just about the numbers. We frequently encounter ownerswhoaremoreconcernedwith their car going to someone who "gets it" than receiving an unwarranted premium.

Our dedication to promoting automotivearthasmadetheMach1Fund the go-to for serious players in the market,andit'swhyeveryopportunity landsonourdesk.

The Great Equaliser

For some, the Mach 1 Fund brings together people from all walks of life, united by a passion for cars. The community is diverse, with individuals of all political views, religions, ages, and socio-economic backgrounds, all brought together by their passion for automobiles.

And for others, the community is about a group of individuals who are interested in making returns with a newandground-breakingfund.

When you really think about it, the Fund'scarsaretheultimateequalizer. Whether you've joined for the cars or thereturns,it'sbroughtusalltogether inauniqueandprofoundway.

I'm immensely proud of what we've accomplished. Our community is one ofakind,andourdiversityputsusina prime position to seize some truly incredible opportunities. If, like me, you're excited that you're part of an industry-changing fund, get ready for anexhilaratingride.