We’re often asked the question:
“How does a Mortgage Fund work?”
A pooled mortgage fund is simply a type of investment vehicle that pools money from multiple investors to invest on their behalf.
We have some great information for new clients who are interested in MCMF’s investing and borrowing services:
Need the fast facts about MCMF? Here’s the details about our mortgage fund at a glance.
| RESPONSIBLE ENTITY | Murdoch Clarke Mortgage Management Limited ACN 115 958 560 |
|---|---|
| FUND TYPE | Registered Managed Investment Scheme |
| MAJOR ASSET CLASS | First Ranking Mortgages |
| INCOME DISTRIBUTION FREQUENCY | Quarterly |
| ESTABLISHED SINCE | 2000 |
| MINIMUM INVESTMENT | $100 |
| RETURN TYPE | Income only |
| APPLICATION AND WITHDRAWAL FEES | No fees payable upon investment or withdrawal and no account keeping fees |
| CUSTODIAN | Sandhurst Trustees Limited ABN 16 004 040 737 |