Important Announcement - Wellings Real Estate Income Fund


Reader,

We're writing to current and prospective investors to inform you of an upcoming change that may impact your next investment decision for the Wellings Real Estate Income Fund (the "Fund").

You may recall that the Fund is a registered (but non-traded) fund. This means that, unlike nearly all the private real estate offerings in our space, the Fund offers a significant degree of transparency.

This includes annual audits (RSM is our auditor), quarterly financial reports, third-party valuations, and more.

When the Fund launched in June 2022, we stated that we would sell shares at the original price of $1,000/share for the first few years or so.

We have always planned to start marketing shares at their actual valuation at some point, whether higher or lower than the original price.

Starting July 1, 2024, shares in the Fund will be sold at the then-current NAV.

While we don't have the exact NAV yet, we anticipate it will be moderately higher than the original share price of $1,000.

What does this mean for you?

This means that June 28, 2024, is the last day to enter the Fund before the share price changes.

A number of our current and prospective investors asked to be notified before this share price change occurs.

Why do investors want to know? Because they believe this could be an optimal window of time to make an initial or additional investment into the Fund.

The Fund has matured quite a bit. Investing now, almost two years after inception, gives investors a clear window into the operators and the assets in the Fund (as well as how they're performing).

Prospective investors can review detailed quarterly reports showing the Fund's investments and past performance after doing a call with us.*

If you're interested in investing this month, you can review documents and get started here: https://wellingscapital.investnext.com/portal/offerings/1589/

You can also reply to this email with questions.

To ask detailed questions, you can get on our calendar here: https://calendly.com/wellings-capital/investment-call

Cheers,

Paul Moore and Ben Kahle

Wellings Capital | www.wellingscapital.com

P.S. You can review the Fund's most recent webinar recording here.

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* DISCLAIMER: Past performance is no guarantee of future results. There is no guarantee that any projected results will be achieved. Investors should consider the investment objectives, risks, charges, and expenses of the Wellings Real Estate Income Fund (the "Fund") before investing. For a Private Placement Memorandum (“PPM”) with this and other information about the Fund, please call 800-844-2188 or email invest@wellingscapital.com. Please read the PPM carefully before investing.

The information contained in this email communication is for information purposes, does not constitute a recommendation, and should not be regarded as an offer to sell or a solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be in violation of any local laws. All investing involves the risk of loss, including a loss of principal. We do not provide tax, accounting, or legal advice, and all investors are advised to consult with their tax, accounting, or legal advisers before investing. Information and any opinions contained in this email communication have been obtained from sources that we consider reliable, but we do not represent that such information and opinions are accurate or complete and thus should not be relied upon as such.

Wellings Capital

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