Commonwealth

Commonwealth

Commonwealth

Commonwealth

Now you can own shares in world-class racehorses starting at just $50. They make investing in & experiencing horse racing affordable, easy and fun.

Join investors

Highlights

+1.33%

Asset Class Return30d

#9 Rank

In Sports Cards30d

avatars

Invest from

$50

Overview

Commonwealth is more than an app, It’s a global social club, a racing team and the most exciting ownership experience in the world! They make investing in & experiencing horse racing affordable, easy and fun! You are investing in shares of a single asset company that owns a racehorse. They offer shares under Tier II of Regulation A and are required to publicly disclose information like acquisition costs, management fees, and all other information associated with the horse. If your horse wins, you'll receive your portion of the horse’s net earnings whether from race purses, private sales or even future breeding earnings. You also gain many perks such as trackside events and access to live race feeds.

Things to Know

  • You make money on

    Dividends

  • Fees

    0%

  • Min Investment

    $50

  • Payout frequency

    Quarterly

  • Term of investment

    18 months

  • Target Return

    Varied

  • Liquidity

    Moderate

  • Open to

    All Investors

  • Mobile Application

    iOS

Top Perks

  • Own shares in world-class racehorses at just $50

  • Zero ongoing expenses

  • Get experiences on top of the investment

How you make money

You are investing in shares of a single asset company that owns a racehorse. If your horse wins, you'll receive your portion of the horse’s net earnings whether from race purses, private sales or even future breeding earnings. Timing of distributions is at the discretion of the manager. Investing with Commonwealth is not just an investment, it’s an experience unlike any other! You’ll receive weekly updates, behind the scenes content, race replays, Trackside events, parties, and so much more! 

How Commonwealth makes money

When you make your initial purchase, there is publicly disclosed information like acquisition costs and management fees. Fees may vary for each offering, but once you invest there are zero ongoing expenses. Each share includes 18 months of training and care costs. To make sure incentives are aligned, they will hold anywhere between 2-20% of shares in each offering.

Is it safe?

These are SEC-qualified shares so there are fully-transparent offering details such as acquisition costs, financials and more. Payments are made through Plaid, which is a highly reputable service that makes it easy, safe and reliable for people to connect their financial data to apps and services. Racehorse investing can be highly risky, but the SEC qualification and Plaid payment can allow you to trust that your money will be handled properly.

  • Established

    2019

  • Country Available

    US Only

  • Assets Managed

    n/a

How You’re Taxed

Capital Gains

Capital Gains

Income Tax

Income Tax

If you are investing on a sports card investment platform like Collectable, where you own a fraction of or a % of a card:

  1. Sale of card: If the card is sold, you receive the equivalent of a dividend. Your profits are then taxed as income.
  2. Secondary market: If you trade your shares on the secondary market, your profits are taxed as capital gains.

For those of you selling a sports card you purchased, card investments are classified as 'collectibles.' Gains on cards held for one year or less are taxed as ordinary income—the same tax treatment as short-term capital gains (STCGs). Gains on cards held more than one year are taxed as ordinary income, except the maximum tax rate is 28%

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