Assetline Senior Debt Construction Fund No. 4

Managed debt fund offering diversified exposure to short duration 1st mortgage-backed construction loans

9.28% p.a.*

* March 2023 distribution rate annualised

Fund Overview

Structure

Australian Wholesale Unit Trust

Minimum Investment

AUD $100,000

Investment Period

Up to 6 months, with run-off thereafter as Underlying Loans repay

Income Distributions

Monthly

Capital Distributions

Pro-rata as Underlying Loans repay (via sale or refinance)

Investor Eligibility

Wholesale investors only

Management Fee

0.25% p.a.

Wholesale Eligible Investors

1st Mortgage Underlying Security

6 Months Fund Investment Period

Fund Structure

Exposure to most senior part of the capital structure *

* Illustrative example only. Refer to Information Memorandum for detailed Investment Guidelines.

Equity
  • Lender buffer, borrower first loss
First Mortgage
  • Priority claim on interest and principal
  • Priority claim on asset

Pro-Forma Fund Performance

Fund Performance vs RBA Cash Rate - March 2023 *

* March 2023 monthly return, annualised variable rate

15 Underlying loans

100% Captial and Interest returned

Investment Guidelines *

UNDERLYING LOANS

  • Underlying Loans must be made to Australian companies;
  • Repayment of all Underlying Loans must be secured by first ranking registered mortgages over Australian real estate;
  • All Underlying Loans must be supported by guarantees by the directors of the Borrower (or other persons who may control the Borrower) and a charge that is registered by the lender on the PPSR over the Borrower, a related entity or both.

PORTFOLIO

  • Fund assets not invested in Underlying Loans must be held in cash, in a bank account in the name of the Fund with one of the major Australian banks.

* Refer to Investment Memorandum for detailed Investment Guidelines

Fund Documentation

Review the detailed offering document of the Fund

Review an overview of the investment opportunity, Fund highlights, key Fund terms, investment guidelines and Fund structure

Review current and historic performance, Fund highlights and key Fund terms

Invest Today

Managed Fund Form

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