Fund consisting of a portfolio of lower risk, secured loans capable of delivering moderate cash yields to investors.
The Fund aims to provide wholesale investors with a diversified exposure to a portfolio of loans secured by registered first mortgage loans over Australian property. The Fund targets lower risk, secured loans capable of delivering moderate cash yields. 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 between 50% – 60%, with a maximum of 65%
Senior secured status; All loans are secured by a registered first mortgage over Australian property.