Fund consisting of a portfolio of lower risk, secured loans capable of delivering moderate cash yields to investors.
The Fund provides investors with a diversified exposure to a portfolio of loans secured by registered first mortgages over Australian property. The Fund targets lower risk, secured loans capable of delivering moderate to strong cash yields.
With the strategy established in 2017, the Fund now provides the choice of two underlying investment classes to suit different investor risk and return requirements. The Fund opens periodically for new investment.
Diversified portfolio; Fund is designed to provide exposure to a mix of residential and commercial property in metro and key regional locations. No single loan or counterparty is more than 25% of the portfolio.
Duration of loan; Loans are intended for a maximum period of 12 months and assessed to ensure clear exits at the end of the loan term.
Credit position; Properties have a target loan-to-value ratio of 55% for Class A and 70% for Class B.
Senior secured status; All loans are secured by a registered first mortgage over Australian property.