PrivateInvest First Mortgage Fund
PrivateInvest First Mortgage Fund is a pooled, open-ended, unregistered unit trust for wholesale and sophisticated investors.
Target returns to our Investors is 8% to 10% p.a, post fees and expenses.
What is a pooled fund?
In our pooled fund, all investments are held in a single large portfolio secured by registered first mortgage security.
We like to describe these first mortgage funds as ‘pure play’ which means we do not use subordinated debt, such as mezzanine finance or second mortgage security, to bolster the Fund returns like some of our competitors.
Investors in the Fund participate in returns from all Loans within the Fund.
Pooling improves both diversification (you have a smaller interest in multiple loans) and liquidity – rather than being locked in as a lender on a single loan (with a fixed term).
PrivateInvest First Mortgage Fund enables Investors to withdraw their money more regularly, as the Fund has multiple Loans with different maturity dates and can utilise the proceeds from any of these repayments and incoming new investment funds to provide investment liquidity.
Watch the PrivateInvest TALK video for more information.
Our Investment Information Memorandum has a detailed summary on the benefits of this Fund and a question-and-answer section in the Investment Information Memorandum.
You can download the PrivateInvest First Mortgage Fund Investment Information Memorandum by pushing the Request Information Memorandum button.