.OBJECTIVE
UPCOMING is a platform, managed by the advisor, that buys artworks by emerging artists with a value ranging between Euro 10K – Euro 25K.
The artworks will become part of a new Collection named “UPCOMING by Stefano Cecchi Trust Collection” which will publish a dedicated catalogue with “The Publisher” at the end of the buying campaign in order to consolidate and better value the entire project and its presentation.
.STORAGE, INSURANCE
& SHIPPING
The artworks will be stored in the participants’ facilities for the duration of the Project, six years, so that the Collection will not have to support any cost of storage and insurance. Shipping costs will be supported by a third party, the sellers (by contract), meaning that, along with storage and insurance, the shipping cost will also be avoided.
.INVESTMENT/ADVISORY
Unlike the other projects linked to the Stefano Cecchi Trust Collection, which have six-zero tickets, the total investment for UPCOMING Project will be limited to €500K.
The value of the contract (ticket) will range from a minimum of Euro 15K to a maximum of Euro 50K, depending on availability. The investment will be regulated by FPA and/or with the Holding Company of the Advisor and will be structured as follow:
“Support and assistance activities in negotiations within the Contemporary Art sector, intermediation, as well as all services and provision of market studies, including auctions, advice and specialized services in organization, administration, control, marketing orientation, coordination and development of strategies, including the creation and the launch of brands in Art Editorial Publication in the field of Contemporary Art.”
.ADVISORY & SUCCESS FEES
The fees for the advisor, for the entire six-year period, will be 10% of the total investment, equal to 1,66% a year.
A success fees of 20% will be paid to the advisor on the total gain of each artwork bought through the investment. An additional success fees of 35% will be paid to the advisor on the delta gained on each artwork bought through the investment after doubling the investment of each artwork.
.OTHER COSTS
The digital platform will have a minimum cost – as per budget – only for the first two years.
The digital banking cost will be applied at ~ 2,5% of each wire transfer.
.DURATION
OF THE ADVISORY PERIOD
The expected duration of the advisory period is set at 6 years.
.EXAMPLES
EXAMPLE 1
Artwork bought for Euro 10K and sold for Euro 20K
Success fees will be Euro 2: 20% of Euro 10K (capital gain)
Total success fee: Euro 2K
EXAMPLE 2
Artwork bought for Euro 10K and sold for Euro 30K
Success fees will be Euro 2K: 20% of Euro 10K (capital gain)
Success fees will be Euro 3,5K: 35% of Euro 10K (capital gain)
Total success fee: Euro 2K + Euro 3,5K = Euro 5,5K
.PAYMENTS
Payments to the participants will be digitally managed. Each participant will obtain a personalized account with a digital Visa/Mastercard card where payments will be made within the end of the six-year period.
.TAXES
All participants will be responsible of for presenting their personal tax returns in their country of residency.
.ART PERFORMANCE
25-Year Annualized Performance
CONTEMPORARY ART MARKET VS. SELECTED ASSET CLASSES: 1995-2020
Sources: Internal Masterworks analysis. FRED (St. Louis Federal Reserve). NSCI Database, Yahoo Finance.
Repeat-Sale Pair Index of Post-War and Contemporary Art (as defined by the applicable auction house) using Standard & Poor’s CoreLogic Case-Shiller
Home Price Indices Methodology. Index performance measured through July 2020. Art market data updated as of July 30, 2020.
.REPORTS FPA / SCT
0.0% + 0%
0% + 0%
0% + 0%
0.0%
120
ARTWORKS
€20163676
Net Asset Value
€61886192
4 - year Projection
€100772384
8 - YEAR PROJECTION
.REPORTS UPCOMING / SCT
0% + 0%
Moic + NAV Upcoming expected
0%
Average capital gain on artworks sold
25
ARTWORKS
€565000
Net Asset Value
€721448
3 - year Projection
€1040974
6 - YEAR PROJECTION
.ABOUT THE FOUNDER
Stefano Cecchi
SCTC / FONDO PER L’ARTE
Key shareholder, designated partner, founder & CEO
.PARTNERS
Advertising, Media and Press:
Digital Banking:
Art Services:
.SUBMIT ENQUIRY
Are you curious about the Upcoming idea?
Do you believe in the potential of contemporary art and its high levels of profitability?
Tell us more about yourself using the form below and we will be sure to get back to you.