2016 BROCHURE

Fixed Term Loan NotesTerm options of 2 or 5 years Starting level Interest fixed at 10% per annum Bonus Interest of 10% in total on the 5 Year Deferred Income optionBonus Interest of 2% in total on the 2 Year Deferred Income optionRegistered First Legal Charge on the underlying asset classDolphin Trust has a proven track record Dolphin Trust is a company incorporated and regulated in Germany

www.dolphin-trust.com

This Information Sheet provides a general summary of how the Dolphin Trust opportunity operates

Please visit the Dolphin Trust website at www.dolphin-trust.com for more information.

This document has been prepared by Dolphin Trust and approved by BlackStar Wealth Management Ltd for distribution to persons authorised to receive the company’s information memorandum dated January 2015 (IM). This document has been prepared solely on the basis of summarising the opportunity set out in the IM and should be read in conjunction with the IM and, specifically, the risk warnings contained therein. Any decision to lend to the company should be made solely on the basis of the information contained in the IM. Distribution of the IM will be in accordance with the relevant provisions of the Financial Services and Markets Act 2000. This document should not be reproduced or redistributed without the consent of Dolphin Trust.

BlackStar Wealth Management Limited is authorised and regulated by the Financial Conduct Authority (FCA) and is entered on the FCA’s register with registration number 491609 and can be contacted at 17 Wrens Court, Lower Queen Street, Sutton Coldfield, West Midlands, B72 1RT.

Neither Dolphin Trust or any associated group company of Dolphin Trust is authorised or regulated by the Financial Conduct Authority (FCA) in the UK.

Any person that chooses to consider the Dolphin Trust opportunity must satisfy themselves that they can afford to absorb the risks involved as set out in the IM and to fully understand that this opportunity involves the provision of secured loan capital that is then used for the purposes of investment in selected German Listed Building projects, with the intention of renovation and sale. UK lenders are not purchasing German Property for their own occupancy or for their own rental income stream.

No business undertaken by any Lender directly with Dolphin Trust or a Group Company is covered by the UK Financial Services Compensation Scheme or the Financial Ombudsman Scheme and consequently applicants will not be eligible to apply for any compensation from the FSCS.

1. Who is Dolphin TrusT?Dolphin Trust GmbH is a German Limited Company based in Hanover, Germany, that provides an opportunity for clients in the United Kingdom and other parts of the world to participate in. With a network of offices across the UK, Ireland, Germany and Singapore they have a strong global reach and were awarded a ‘Good Solvency’ rating from Creditreform.

Since their inception in 2008, Dolphin Trust’s track record has earned them a name as Germany’s market leader in redeveloping Listed Buildings. Dolphin Trust has accumulated a wealth of experience and their team of experts ensure conservation and the comforts of modern-living complement with each other.

2. The key characTerisTics of The opporTuniTyThe most pertinent pieces of information about Dolphin Trust, their style of operation and the key characteristics of the Opportunity are detailed below:

Dolphin Trust has been trading since 2008* The minimum Fixed Return offered by Dolphin Trust is 10% per annum A Bonus Interest of either 2% in total or 10% in total is available on the Deferred Income options. The bonus depends on the term chosen

2 & 5 year term options are available The Loan Note is secured with a Registered First Legal Charge on the underlying asset class, which is German Listed Buildings

The Dolphin Trust Loan Note is approved by numerous SIPP providers in the UK

* Dolphin Trust previously traded as Dolphin Capital GmbH. The name change to Dolphin Trust GmbH was purely for international trademark and brand protection purposes.

www.dolphin-trust.comPlease visit the Dolphin Trust website at www.dolphin-trust.com for more information.

imporTanT message To prospecTive lenDers

3. hoW Does The Dolphin TrusT opporTuniTy operaTe?Dolphin Trust loans money from qualifying individuals in the United Kingdom in the form of loan notes issued by a German property SPV which is usually a group company or subsidiary of Dolphin Trust. The terms of the loan notes are set out in the loan note instrument, which include fixed returns of interest and capital. The loan note instrument and associated documents have been drafted by UK lawyers with experience in banking, finance and financial services and scrutinised by a variety of SIPP Providers.

Dolphin Trust uses the loan money to fund its work with German Listed Buildings. The Company carefully sources Listed Buildings that require renovation. This is because, in Germany, the German Government offer a unique tax break to encourage German citizens to purchase renovated German Listed Buildings.

The apartments within the German Listed Buildings are sold off-plan (before renovation work commences) through a well-established network of German sales agents. Payments are released by the buyers, usually through German Banks, on a phased basis. This enables the agreed Interest and subsequently capital repayments to be made to the lenders who provided the initial loan funds to Dolphin Trust at the outset.

4. The opporTuniTy opTions

The Dolphin Trust opportunity has two options. With both options interest of 10% per annum is payable over either a 2-year or 5-year term.

1. The Deferred Income Option

When the Deferred Income Option is chosen, all interest payable on the amount loaned is rolled up and payable only at the end of the term (there are no regular interest payments). At the end of the chosen term lenders will receive the original money lent, all accrued interest plus a bonus interest payment of 2% for lenders who choose the 2-year term or 10% for lenders who choose the 5-year term. An example of how this works is set out below.

Deferred Income Option 2 & 5 Year examples:


2. The Income Option

Lenders choosing the Income Option can enjoy the same interest payments (10% per annum over either a 2-year or a 5-year term) but interest payments are made every 6 months. The original money lent is then returned at the end of the chosen term.

Term Option Interest per Annum Bonus Bonus Conditions Total % Return

at end of termExample Return on

£100,000 loan

2 Years 10% 2%

The 2% bonus is payable at the end of the 2 Year Deferred

Income option only 22% £22,000

5 Years 10% 10%The 10% bonus is payable at

the end of the 5 Year Deferred Income option only

60% £60,000

5. key lenDer consiDeraTionsWhen Lenders are considering making a decision to place money into any Opportunity of this nature, they should make a careful analysis of the vital components of the proposed Opportunity.

There are several key aspects of an Opportunity that a Lender would benefit from examining. Whist this is not an exhaustive list, it provides some key areas for consideration.

This information sheet was provided for the attention of:

By Dolphin Trust Accredited Introducer:

Name:

Name: Dolphin Number:

Introducer Address & Contact Details:

Date:

Key item for consideration

Dolphin Trust

1. Loan Term 2 & 5 Year term options available

2. Return Fixed: 10% per annum + Bonuses on the Deferred Income Option

3. Security Considerations All Dolphin Trust projects offer the lender a Registered First Legal Charge on the underlying asset

4. Track Record Dolphin Trust has a strong track record

5. Money flow Lenders funds are sent to a Botterman Khorrami Law bank account and are transferred to the Dolphin Trust SPV once the security is in place.

6. Origin of activity Germany is widely regarded as Europe’s largest and most stable economy. Germany is extremely well regulated from both a legal and banking perspective

7. Exit The exit process with Dolphin Trust is automatic. Funds will be paid directly to the specified bank account of the Lender or SIPP Provider.

8. Risks This document has been prepared solely on the basis of summarising the opportunity set out in the IM and should be read in conjunction with the IM and, specifically, the risk warnings contained therein.


The Imperius Group LimitedReg. No. [email protected]

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2016 BROCHURE