Frequently Asked
Questions wholesale investors ask first
This is what we get asked on the first call. Read it before you register interest. If the answer you want isn't here, email us and we will add it.
Who holds fund assets?
F2K Housing Trustee Pty Ltd holds all fund assets on behalf of unit holders as trustee of the F2K Housing Fund. Under the Trust Deed it has fiduciary duty to investors. F2K Housing Trustee Pty Ltd is also the entity through which the AFSL application has been lodged. See the full corporate structure at /structure.
Who makes investment decisions?
F2K Housing Management Pty Ltd is the Investment Manager. It is appointed by the Trustee under an Investment Management Agreement (IMA). The IM is responsible for which manufacturers receive financing, asset allocation, and risk management. It is structurally separate from the Trustee — if the IM is ever replaced, fund assets remain held safely by the Trustee.
Who runs the platform?
F2K Operating Pty Ltd runs the tokenisation platform, KYC onboarding, admin console, and vendor management. Operational liability is ring-fenced from fund assets — platform issues cannot impact what the Trustee holds.
What is the current AFSL status?
Pre-AFSL. The AFSL application has been lodged through F2K Housing Trustee Pty Ltd. Responsible Manager #1 (Dennis McMahon) is active; RM #2, the Compliance Officer, and the Fund Administrator role are currently under recruitment / vendor selection (the Fund Administrator will be outsourced to a regulated provider — Apex Group or Citco are the two finalists). Until the AFSL is granted, the platform is operating in Registration of Interest mode only. No offer of securities or financial products is being made, and no deposits are being accepted.
What about custody of the on-chain assets?
Treasury control sits behind a Gnosis Safe 3-of-5 multisig — no single signer can move funds. Institutional custody for key material is a regulatory requirement for the MIS structure once the AFSL is granted; the third-party custodian for that purpose is in active selection alongside the Fund Administrator. See the design principles section on /structure for how custody, treasury control, and the SPV ring-fencing fit together.
What does Register Interest actually do?
It places you on a wholesale-investor waitlist. We collect a soft commitment — what you would consider allocating once the fund opens — plus the data we need to verify wholesale-investor status (Australian s708 exemption: net assets > $2.5M or income > $250K). Registering does not create any legal or financial obligation on you. You can withdraw at any time by emailing us.
When will the fund open?
Subject to AFSL grant and final compliance sign-off. We will email registered participants before the fund opens — there will not be a surprise launch.
What is the F2K-GEH token?
F2K-GEH is an ERC-3643 permissioned security token representing units in the F2K Housing Fund. ERC-3643 is the “T-REX” standard for compliant security tokens — every transfer is gated by the on-chain allowlist of KYC-verified wallets. You cannot send F2K-GEH to a wallet that has not been verified by F2K's identity registry.
What protects me if a project fails?
Each housing project sits in its own ring-fenced SPV (Special Purpose Vehicle — Pty Ltd or Unit Trust). If one project fails, the SPV absorbs the loss; other SPVs and the fund as a whole are protected. This is limited-recourse by design.
Where can I read more before deciding?
Start with the whitepaper for the full mechanism, the corporate structure page for the entity diagram and named roles, and the capital stack for how the token sits relative to senior debt, mezzanine, and government grant. Email dennis@corporateaisolutions.com if you want a direct conversation.
Still have a question?
We answer every email personally during the Register-Interest phase.