Established in 2016, Australian Secure Capital Fund Ltd (ASCF) is a Brisbane based fund manager operating three pooled mortgage investment funds: ASCF Premium Capital Fund, ASCF Select Income Fund and ASCF High Yield Fund.
Unlike peer to peer lending, where investors will invest directly in a single loan, all investments in ASCF funds are spread across the entire pool of loans. This helps to minimise the impact of any losses incurred by a Fund.
Strategy Summary
ASCF Premium Capital Fund provides medium term 1st mortgage loans to a maximum Loan to Valuation Ratio (LVR) of 70% for a maximum term of 24 months on residential and commercial property. Full valuations required on all loans. Borrowing rates are from 9.95% per annum. Pays investors between 6.10% - 7.75% per annum depending on their investment term.
Key Terms
Status:
Open
Inception Date:
Mar 2020
Strategy:
Private Debt/Mortgage
Style:
N/A
Geography:
Australia
Domicile:
Australia
Investors:
Retail
Min. Investment:
AU$ 5,000
Distributions:
Monthly
Applications:
Daily
Fund Size:
AU$ 22.8763m
Management Fee:
N/A
Manager FUM:
AU$ 209.62m
Performance Fee:
N/A
Key Statistics
Fund
Index*
Fund
Index*
May 2024:
0.58%
0.39%
Sharpe1:
9.19
-0.58
1 Year:
6.44%
0.87%
Sortino1:
N/A
-0.75
3 Years1,2:
5.53%
-2.09%
Best Month1:
0.58%
3.36%
5 Years1,2:
N/A
N/A
Worst Month1:
0.32%
-3.75%
Inception1,2:
5.34%
-1.76%
Volatility1,2:
0.20%
5.71%
Up-Capture1:
37%
N/A
Down-Capture1:
-36%
N/A
*Bloomberg AusBond Composite 0+ Yr Index, 1Since Mar 2020, 2Annualised
General Notes
Performance shown is the aggregate return for all investors across all investment terms (3, 6, 12 and 24 months).
Redemption notice is 1-3 months depending on investment term.
Cumulative Returns
Fund Index
ASCF Premium Capital Fund - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns
Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Debt Peer Group (49 funds) as at May 2024
1 Year
3 Year
5 Year
7 Year
ASCF Premium Capital Fund
RBA Cash Rate + 5%
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.