How The Champion Fund Structures Sports Investments for Advisor Portfolios

The most significant structural barrier to sports investing for most advisors is not access to deals. It is how to access sports deals within the investment frameworks advisors are required to operate in. Traditional sports investments — direct minority stakes, PE fund commitments — require large minimums, long lock-ups, and often accredited investor status. They are incompatible with how most advisors build client portfolios.

The Champion Fund was structured specifically to solve this problem.

The 40 Act Interval Fund

The Champion Fund is registered under the Investment Company Act of 1940 — the same regulatory framework governing mutual funds and closed-end funds. This registration brings features not available through private placement or PE fund structures.

The most important feature is structured, scheduled liquidity. The Fund will offer to repurchase 5% of its outstanding Shares at NAV, in February and August each year.† Offers may be oversubscribed, in which case tenders are prorated. For advisors managing client portfolios with liquidity expectations, this is a material structural distinction from a PE fund with a 7–10 year lock-up.

The second feature is eligibility. A 40 Act registered fund can be offered to non-accredited investors. The Champion Fund has a the prospectus minimum minimum investment and no accreditation requirement. This changes who can participate — not from a marketing perspective, but from a structural and regulatory one.

What This Means in Practice

An advisor building a client's alternatives sleeve can allocate to The Champion Fund using the same compliance infrastructure and client documentation process they already use for other regulated fund products. The sports exposure is institutional-grade. The delivery mechanism is advisor-compatible.

† The Fund's first repurchase offer is scheduled for August 2027.

This content is for informational and educational purposes only and does not constitute investment advice or an offer to buy or sell any security. Past performance is not indicative of future results. All investments involve risk, including the potential loss of principal. Please read The Champion Fund's prospectus carefully before investing.