We are pleased to announce the launch, in partnership with the world renowned Swettenham Stud, of the Swettenham Stud Breeding Venture # 1.

The venture has many important ingredients:

» It will source and purchase at least five quality broodmares; Two will be
from the USA and their foals will be weaned after birth in early 2010 and
sold next November at Keeneland Foal Sale in Kentucky. In most cases
mares will be in foal, although good fillies & mares off the track will not
be overlooked;

The mares will be mated to suitable commercial stallions in Australia in
2010 with the aim of selling the progeny at major yearling sales in Australia;

» It will identify and purchase commercial weanlings, to be prepared for resale at the major yearling sales;

» Finally, it will identify and purchase yearlings that will be suited for resale to the Asian market. They will be trained up to reach that market as trialed or ready to run horses.

Details of the venture are as follows:
» Minimum investment $25,000 (one-off payment);
» Minimum capital raised to proceed $1,500,000 with full subscription being $2,000,000;
» Applicants must meet the definition of an “Experienced Investor”;
» Investment is available to all types of investors, including superannuation funds;
» Fund will operate for a finite period, 1 May 2010 to 30 June 2016
» The fund’s bloodstock and breeding decisions will be managed by key individuals from the Swettenham Stud operation, namely the principal Adam Sangster and the Bloodstock Manager Ian Rimington;
» The Fund’s finances will be managed by Stable Financial.

Adam Sangster comments “It has long been my ambition to put together a group of investors that can share with me the passion and excitement of breeding thoroughbred horses. My motivation is not self profit and in fact I am striving to make this a very rewarding experience for all the participants. Success will be gauged in a variety of ways, however importantly one of these will be the venture’s financial profit or loss.

With very careful management and an appropriate skill set, built on years of experience; I am sure my management team can make the venture unique in every way. I trust that all participants will get many years of enjoyment from their involvement”.

An information memorandum containing further details and an application form is now available on our website. Applications are closing shortly.