SINGAPORE - MediaOutReach - 26 JULY 2018 - CoAssetsLimited (CoAssets or the "Company") (ASX: CA8), a financial technology platform specialising inproviding funding solutions for small to medium-sized enterprises (SMEs), is pleased to announce thelaunch of the CoAssets Stirling Fort Absolute Return Fund (CASFAR Fund or Fund) byits wholly owned Singapore based subsidiary CoAssets International Pte Ltd. TheFund will undertake collateralised lending and it aims to grow the Asset underManagement (AUM) to S$100 millionover the next five years.

The launch ofthe CASFAR Fund will give accredited investors an avenue to invest in the regionalSME lending space.  As the Fundprincipally engages in SME Bridging Loans, the loan tenures will generally beless than 12 months and Fund performance is unlikely to be affected by theequities or interest rate markets. The bulk of the portfolio will be made up ofloans to SMEs that are able to pledge hard assets while the rest of theportfolio will be made up of loans to SMEs that allow the Fund to hold a chargeover their shares, earnings, or contract receivables.

The appointedFund Manager, Singapore based Stirling Fort Capital (Stirling), established in 13 April 2014, is a multi-family officewith a proven track record in providing tailored and customised investmentsolutions. Stirling will assist CoAssets in the set up and operations of theFund by proving the fund management services. Stirling is led by a highlyaccomplished management team who has accumulated a wide array of experience inthe finance industry. CoAssets expects that together with Stirling, theexpertise and investment techniques utilised will enable the Fund to take fulladvantage of investment opportunities as they arise.

CEO and Co-founder of CoAssets, Mr Getty Goh commented:

"We areconstantly looking for ways to add value to our crowdfunding investor base. Sofar, we have more than 400,000 registered users from around the region and morethan 50,000 of them are from Singapore. Based on our interaction with them, werealize that quite a number of them are accredited investors. Some of them areon the look out for higher returns and are currently underserved -- hence we seeCASFAR as an opportunity for us to add value to that specific group ofinvestors." 

"On the otherhand, we have been actively growing our corporate loan book since Sep 2015. Interms of corporate loans, we have deployed about S$18million in total, with anannualized weighted return of about 24% and default rate of less than 2%. Basedon the last few year's track records, we are optimistic that we able to help CASFARinvestors generate positive returns. Admitted, CASFAR is a new fund in a fairly competitive investment market.  However, given our experience in usingfinancial technology to raise funds and assess deals, we believe that this willbe the edge that sets us apart from the other new entrants."

About CoAssets Ltd

CoAssets (www.coassets.com) is one of South-EastAsia's leading crowdfunding platforms which is headquartered in Singapore andlisted on the Australian Stock Exchange (ASX). Officially launched in Singapore in July 2013, it currently has morethan 400,000 registered users and the amount successfully funded stands at morethan S$45 million (US$33 million). The company won the Red Herring Top 100 AsiaAward for 2014, as well as OPP Gold Award for Excellence and currently hasoffices in Singapore, Australia, China, Malaysia and Indonesia.