The Unit Classes
Cash Units
Cash Units are invested in a Cash Management Account with an AA rated Australian bank, currently National Australia Bank (NAB).
There are no fees charged to investors on Cash Units, including withdrawal fees.
Cash Units can be redeemed at 7 Business Days Notice.
Loan Units
Higher Return
Each loan is held in a discrete Sub-Trust and will exhibit a risk-return profile unique to that loan. We estimate returns will range between 5-10% p.a. net of fees with risk generally commensurate to return. Income is paid monthly in arrears and can be reinvested back into Cash Units or paid to your nominated account with a bank, building society or credit union.
Fixed Term
The Loan Unit investment terms will vary and typically be between a few months and up to 24 months and longer. Investors should be aware that loans may repay, in part or full, ahead of the scheduled repayment date. Where early repayment occurs, investors will be notified and receive their pro rata share of such repayment direct into their Cash Unit.
Specific Exposure
Each class of Loan Unit will contain a single/individual loan and provide investors with exposure exclusively to that particular loan and to no other loan or asset of the Trust.
Unit Class Comparison
-
Cash Units
Cash Units are invested in a Cash Management Account with an AA rated Australian bank, currently National Australia Bank (NAB).
- Return
- 4.35%^
- Term
- No minimum or maximum term
- Minimum Initial Investment
- $50,000
- Investment Risk
- Minimal+
- Liquidity
- Seven Business Days notice
- Interest Payments
- Monthly in arrears
- Deposits/Investments
- via EFT, BPAY, or cheque
- Redemptions/Withdrawal
- To Nominated Bank Account
- Management Fees and Expenses
- None
-
Loan Units
Each Loan Unit invests in individual registered first mortgage loans secured over commercial property in Australia.
- Target Return (net of fees)
- 5-10% p.a.*
- Term
- 3-24 months*
- Minimum Initial Investment
- Varies per Investment*
- Investment Risk
- Varied✝
- Liquidity
- Nil. Fixed Term
- Interest Payments
- Monthly in arrears
- Deposits/Investments
- Transfer from Cash Units
- Redemptions/Withdrawal
- At end of term
- Management Fees and Expenses
- Estimated at 1.65% p.a*
- Investor Account Access
- 24/7 via the Investor Control Console
^ variable rate, subject to change without notice
+ Similar to investing with a AA rated Australian bank direct
✝ Subject to the risk profile of underlying Loan Security