The funds raised by AltCap’s initial offer will be invested in a diverse portfolio of SME’s. These SME’s will be carefully selected by the AltCap’s team and following the approval of the board the funds will be invested.
By the 1st of March 2018 AltCap intends to have raised a minimum of R 10,000,000 through the issue of 10 000 ordinary shares at a par value of R1 000 per a share. AltCap’s target market are pension funds, provident funds, asset managers, independent IFA’s as well as individuals looking for high yielding returns with the added benefit of a tax deduction.
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