ASCF Select Income Fund provides short term 1st mortgage loans to a maximum Loan to Valuation Ratio (LVR) of 80% for a maximum term of 12 months on residential and commercial property. Does not require full valuations on loans <65% LVR. Borrowing rates are from 9.95% per annum. Pays investors between 6.25% - 7.25% per annum depending on their investment term.
Status: | Open | Inception Date: | Mar 2017 |
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$ 45.1636m | Management Fee: | N/A |
Manager FUM: | AU$ 209.62m | Performance Fee: | N/A |
Fund | Index* | Fund | Index* | ||
May 2024: | 0.60% | 0.39% | Sharpe1: | 10.63 | -0.01 |
1 Year: | 6.85% | 0.87% | Sortino1: | N/A | -0.05 |
3 Years1,2: | 6.05% | -2.09% | Best Month1: | 0.60% | 3.36% |
5 Years1,2: | 6.30% | -0.55% | Worst Month1: | 0.27% | -3.75% |
Inception1,2: | 6.25% | 1.37% | Volatility1,2: | 0.20% | 4.85% |
Up-Capture1: | 45% | N/A | Down-Capture1: | -56% | N/A |
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.