Popular Investments – Classic Car Funds
The Count of Custoza Family office has announced the launch of The Classic Car Fund, based in Liechtenstein. This classic car fund offers exposure to the vintage car market at a time when investors have a higher attraction for collectibles and the high returns they produce. The Classic Car Fund is targeting €350 million of assets over the next five years, with a minimum investment of €100. The classic car fund targets a yearly return of 17 percent, with no lock-in period.
The classic car fund is looking at acquiring a 1962 Ferrari 330 TRI/LM Testa Rossa, most recently sold for €6.8m, and a rare 1963 Jaguar series I E-Type 3.8 Roadster, which was bought for $132,000 four years ago.
Photo source mjkboston