Frequently Asked Questions
We would like to make sure everything is clear and easy to understand.
To invest with SilverBack Asset Management please contact any of the following people and they will get your investment sorted.
ted@silverback.co.zw
andrew@silverback.co.zw
gamu@silverback.co.zw
paul@silverback.co.zw
The minimum investment amount is $5000USD payable in RTGS.
The website used to ascertain free market rate of exchange between local currency (RTGS ZWL) and United States Dollars at the time of investment or redemption is https://www.marketwatch.co.zw.
Apart from hedging investment against the world price of beef, interest is earned at rates ranging from 4% to 8% per annum (depending on value and period of investment) and compounded monthly.
For Example, RTGS/ZWL one million invested in Fabwell at a RTGS rate of 20 and a world live cattle price of 1.10, would be converted into a fixed yield, securitized debenture, representing 45,004.5 kilograms of live cattle.
Fabwell Farming (Private) Limited, trading as ‘Mombe Mari’ (Hereinafter ‘Fabwell’) is offering an alternative, unique opportunity to invest in a large scale beef breeding company and receive full benefits of secured currency depreciation protection and real value growth, leaving the management of underlying operations to successful specialists.
In essence Fabwell’s investment product offering is a commodity denominated, fixed return, secured debenture. The main attraction is that Fabwell will take local RTGS/ZWL investment (expended in farming operations) and convert into a secure debenture representing a certain number of kilograms of live cattle, earning a fixed return in kilograms
An investor’s money is immediately converted from local currency into United States Dollars and then into kilograms of beef at world price plus 1% upon investing.
Apart from hedging investment against the world price of beef, interest is earned at rates ranging from 4% to 8% per annum (depending on value and period of investment) and compounded monthly.
Upon redeeming investments, payment will be made at world price less 1%, once again multiplied by the free market rate of local currency (RTGS ZWL).
The website used to ascertain free market rate of exchange between local currency (RTGS ZWL) and United States Dollars at the time of investment or redemption is https://www.marketwatch.co.zw.
The website is used to obtain the average world live cattle price in United States Dollars at the time of investment or redemption is https://markets.businessinsider.com/commodities/live-cattle-price.
Yes you can.
The website used to ascertain free market rate of exchange between local currency (RTGS ZWL) and United States Dollars at the time of investment or redemption is https://www.marketwatch.co.zw.
We are running 3 ranches currently.
- Norton
- Dubane ( Near Gwanda )
- Mapaneni ( Kezi District )
When you redeem your investment you cannot take your cattle out.
It is argued that fiat currency based investments create illusions of wealth, whereas commodity based investments provide clarity as the results are tangible and reflect actual asset value. Historically, in Africa, people have always measured and kept wealth in cattle. An investment, which locks value in internationally recognized commodities, which are easily redeemable, resonates well with the economic psyche of the continent. The intrinsic value of beef in Africa is unquestionable, thus an investment denominated in kilograms of live beef is undoubtedly sound and stable.
The Gold/Silver investment is almost ready. Visit www.hotburnminerals.co.zw to see more.
ted@silverback.co.zw
andrew@silverback.co.zw
gamu@silverback.co.zw
paul@silverback.co.zw
Invest with Silverback
We hope all your questions have been answered and you understand how you can benefit from investing with SilverBack Asset Management