You have misread the quote again – It is the off shore institutional lender creating an AUD loan facility by borrowing in foreign currency and lending to the DomaCom Fund in AUD – the lender will take any FX risk and manage it as they desire. At no time is the DomaCom Fund taking any FX risk.
To: Graeme Billings, Director, Domacom, regarding DOMACOMS " Money for Jam" Proposal, page-5
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