AltX-Assetline Horizon Managed Fund

Diversified exposure to 1st mortgage-backed bridging, construction, and full-serviceability loans with investor 1st loss provision

5.67% p.a.*

* December 2021 distribution rate annualised

Fund Overview


Australian Wholesale Unit Trust

Minimum Investment

AUD $100,000

Fund Term

24 months, with run-off thereafter as underlying loans repay

Income Distributions


Capital Distributions

Pro-rata as underlying loans repay at the end of the fund term

Investor Eligibility

Wholesale investors only

Management Fee

0.25% p.a. 

Wholesale Eligible Investors

1st Mortgage Underlying Security

36 Months Fund Investment Period

Fund Structure

Exposure to the most senior part of the capital structure – 1st loss provision 

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

Fund Performance

RBA Cash Rate vs Fund Performance - December 2021*

* December 2021 monthly return, annualised variable rate

29 Underlying loans

100% Capital and Interest returned

Investment Guidelines


  • Must be made to companies or the monies advanced must be predominantly for business purposes
  • Must be secured by First Registered Mortgages over the property in Australia (“stand-alone” and construction)
  • Must be supported by borrower serviceability, Directors’ Guarantees by the borrowing entity and a PPSR charge over the borrowing entity, a related entity or both
  • Minimum Term 3 months, Maximum Term 36 months
  • Maximum LVR’s: Residential – 70%; Commercial & Industrial – 65%; Vacant land – 55%


  • Fund assets not invested in Underlying Loans must be held in cash in a major Australian bank
  • No individual Underlying Loan exposure may exceed 15% of the assets of the Fund
  • The Fund may only provide funding for Underlying Loans alongside investors participating on the same commercial terms*

Fund Documentation

Investment Memorandum

Learn about the key Fund terms, investment guidelines, Manager background and Fund structure

Managed Fund Overview

Review the historical and current performance, guidelines and structure of the Fund

Fund Fact Sheet

The Fund Fact Sheet details the historical and current performance, guidelines and Fund structure

Invest Today

Managed Fund Form

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