We’ve built something people love. Now we’re expanding X-Golf and Hey Caddy across Australia and New Zealand.
This is your opportunity to be part of it.
*Investment involves risks, including the risk of loss of capital. Target return is based on various assumptions that may not be correct and is not guaranteed.
X-Golf started 15 years ago with a simple idea. Make golf more connected, more social, and more relevant to how people actually want to experience it.
Since then, it’s grown because people kept showing up.
Playing more. Bringing their friends. Making it part of how they connect and compete.
That’s what built this brand.
And that’s what we want to protect as we grow it.
So we’ve created the Grow the Game Fund.
An investment opportunity built for the people who already believe in what we’re building.
So as we grow, it stays in the hands of the people who already love it.
Network revenue Growth FY24-FY25
Annual Players
Indoor golfers in Australia
Beers drank over the last year
Locations across Australia & New Zealand
Results as at 31/12/2025. The fund is less diversified across stores and locations and will experience different results. Past results are not indicative of future results.
The Grow the Game Fund is designed to acquire and grow X-Golf and Hey Caddy venues, building on a model that has demonstrated success.
We will acquire established, operating sites with existing demand, customer base, and revenue. Capital is deployed from the outset, while new venues are developed over time.
Alongside acquisitions, the fund supports the development of new venues across Australia and New Zealand.
A model driven by sim hire, leagues, events, food and beverage, and memberships.
Expansion is focused on strengthening the network and maintaining the experience that built the brand.
Investment involves risk, including the risk of loss of capital. Consider the PDS and TMD.
Early investors aren’t just supporting the Fund.
They’re backing the evolution of golf.
To recognise those who come in early, eligible investors are granted access to the X-Golf VIP Tier.
This isn’t a cash payout. It’s access.
Access to play.
Access to host.
Access to bring friends.
Access to the venues you’re helping scale.
You get to live inside the product, not just invest in it.




















Conditions Apply
VIP Tier access is a pricing benefit provided by X-Golf and is not funded from the assets of the Fund. Annual caps, eligibility criteria, venue participation and conditions apply.
Share your details and we’ll be in touch to explore how you can be part of our growing network. Let’s shape the future of golf together.
Disclaimer : Your information will only be used to respond to your enquiry and won’t be shared without your permission. Please note that returns on any financial involvement are not guaranteed.
The Grow the Game Fund is a managed investment scheme that invests in X-Golf and Hey Caddy venues.
The Fund acquires and operates venues and may develop new locations over time.
Full details are contained in the Product Disclosure Statement (PDS).
Investors acquire units in the Fund.
The Fund then invests in a portfolio of technology-enabled golf and entertainment venues.
Investors do not directly own individual venues.
The Fund is open to eligible Australian retail and wholesale investors, subject to the terms outlined in the PDS.
You should read the PDS and TMD carefully to determine whether the investment is appropriate for you.
The minimum investment amount is set out in the PDS.
Applications below the minimum may not be accepted.
Eligible investors may apply through their SMSF if their trust deed permits it.
You should seek advice from your accountant or financial adviser before investing through superannuation.
The Fund does not provide personal financial advice.
1. Register your interest
2. Receive and review the PDS and application documents
3. Complete the application form
4. Transfer funds
5. Receive confirmation once your application is processed
Applications are subject to acceptance by the Responsible Entity.
The intended investment horizon is outlined in the PDS.
Investments in managed investment schemes are generally considered medium to long term.
Early withdrawal may be restricted.
No.
All investments carry risk.
Capital and returns are not guaranteed.
You should read the risk section of the PDS carefully.
The Fund invests in venues that generate revenue from:
• Simulator hire
• Leagues and competitions
• Events
• Food and beverage
• Memberships
Revenue is derived from venue operations.
If the Fund generates distributable income, distributions may be paid to investors as outlined in the PDS.
The timing and amount of distributions are not guaranteed.
Risks include, but are not limited to:
• Operational performance of venues
• Market conditions
• Consumer demand
• Liquidity constraints
• Regulatory changes
You should read the full risk disclosure in the PDS before investing.
Liquidity is limited.
Units may not be readily redeemable before the end of the investment term.
Details are provided in the PDS.
Eligible investors may opt in to a VIP Tier pricing program.
The VIP Tier provides preferential pricing access to selected X-Golf services.
It is a pricing access model and does not involve cash payments, credits or rebates
Subject to venue participation and conditions:
• Off-peak simulator hire discount
• Peak simulator hire discount
• Food and beverage discount
• Event package discount
Full details and usage conditions apply.
Yes.
For investors, pricing benefits are capped at a maximum annual retail value of $5,000.
Unused value does not roll over.
The cap represents a maximum pricing benefit and is not a guaranteed entitlement.
No.
The VIP Tier operates separately from the investment.
It does not represent a financial return or distribution.
Yes.
Pricing categories, eligibility and conditions may be amended from time to time.
The Product Disclosure Statement is available upon request or via the investor portal.
You should read the PDS in full before making any investment decision.
The Fund is operated by the Responsible Entity as outlined in the PDS.
Management and governance details are provided in the PDS documentation.
No.
The information on this website is general information only.
It does not take into account your personal objectives, financial situation or needs.
You should seek independent financial advice.
Investment involves risk, including the risk of capital loss. Target return is based on assumptions that may not be correct and is not guaranteed.
Investors should read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) before investing and consider seeking professional advice.
The content of this website was prepared by X-Golf's Caddy Pty Ltd ACN 661 665 309 which is a Corporate Authorised Representative (1321281) of Non Correlated Advisors Pty Ltd AFSL 430126. Primary Securities Ltd AFSL 224107 is the responsible Entity of the X-Golf Grow the Game Fund ARCN 692 344 013 (Fund). This content is general information only and has not considered the personal circumstances of any person, you should consider your own circumstances and seek professional advice before making any decisions regarding the Fund.