Briars Monthly Income Fund
Wholesale Investors Only

Briars Monthly Income Fund

Briars Monthly Income Fund
Briars Monthly Income Fund
|
Last Updated 19.12.2022

Briars Monthly Income Fund delivers investors regular monthly distributions by investing in a pool of Australian Real Property Mortgages. (For Wholesale Investors only)

Briars Monthly Income Fund
Min. Investment
$50,000
Objective
Income
Structure
Managed Fund
Asset Class
Fixed Income
Liquidity
Illiquid
Closing Date
Open Ended
View More Details
Min. Investment
$50,000
Objective
Income
Structure
Managed Fund
Asset Class
Fixed Income
Liquidity
Illiquid
Closing Date
Open Ended
Industry
Diversified
Funding Stage
Unlisted Mature Fund
Security Type
Unit in a trust
Target Capital
Open Ended
Availability
Open for investment

Management fees
3% pa of the value of the Mortgage Investments
Forcast Distribution
7% pa (Net of Management Fees)
Distribution Frequency
Monthly
Underlying Loan Terms
1 to 3 years

The Briars Monthly Income Fund delivers investors regular monthly distributions by investing in a pool of Australian Real Property Mortgages and aims to achieve a return of 7% pa.

The Fund lends only on first Mortgage Security over Australian Real Estate. It seeks to ensure that:

  • loans secured over residential property comprise not less than 70% of the pool of Mortgages (with a maximum Loan to Valuation Ratio of 75%).
  • loans secured over commercial property comprise not more than 30% of the pool of Mortgages (with a maximum Loan to Valuation Ratio of 65%); and
  • the maximum weighted average Loan to Valuation Ratio for the Fund does not exceed 70%.

  • Monthly distributions of net income.
  • As part of the credit criteria all loans are secured by Mortgages over Australian Real Property.
  • Briars Monthly Income Fund provides Investors with an alternate asset class.
  • As a pooled mortgage fund, the Fund provides Investors with a spread of risk.

Funds raised by Briars are invested to fund Qualifying Mortgages originated and held by GAP Business Loans Custodians Pty Ltd which is an Australian business that facilitates and sources mortgages on residential and commercial properties.

 

From time to time, Briars may be a co-investor in a Mortgage with a third-party wholesale lender. In such a case, the lender of record will be GAP Home Loans (Aust) Custodians Pty Ltd.

The Investment Manager will seek to ensure that irrespective of the Loan to Valuation Ratio of an individual loan, the weighted average LVR of all of the Mortgages secured against all Security Property in the Fund’s portfolio of Mortgages does not exceed 70%.

The Fund is suitable for investors who are seeking consistent levels and are comfortable placing their capital in a vehicle requiring a longer holding period, given the fund’s less liquid redemption structure.

Briars Funds Management is one of Australia’s leading managers of property backed business finance.

 

The Directors of Briars have in excess of 40 years’ Funds Management experience having previously held Senior Management roles and Board positions in some of Australia’s leading Fund Management organisations.

 

The Company is wholly owned by the Directors, Peter Arnold and Nick Loan. The Directors of Briars have a wealth of knowledge and experience in property development, private banking, investment structuring, commercial finance and funds management.

 

Private credit continues to be one of the fastest growing alternative asset classes in Australia and is a well-established income alternative globally.

 

Briars aims to provide Investors with access to consistent risk adjusted returns whilst maintaining a strong focus on capital preservation and loss minimisation.

 

The Management team prides itself on its rigorous and disciplined compliance and governance processes that places it in a position to deliver on the Fund’s objectives to provide regular long term income streams to its investors.

 

The Lending team has substantial experience in assessing lending opportunities and managing property backed loan portfolios to maximise returns. It procures credit approved Senior and Junior debt to small and medium size Australian businesses.

 

The Briars Monthly Income Fund provides Wholesale Investors with the exclusive opportunity to invest in a managed investment scheme that holds a range of loans secured by first mortgages over Australian residential and commercial property.

 

Briars prides itself in providing a high level of service and at all times, acting ethically, with integrity and professionalism.

 

Peter has been a board member of a number of funds management businesses and in 1997 co-founded Austgrowth Property Syndicates Limited, the responsible entity for over $230 million of syndicated commercial, industrial and retail property funds.

 

Peter’s extensive experience in funds management, financial modelling, finance and asset management across all property sectors has led him to be involved, alongside other investors, in the purchase and repositioning of some 60 assets.

 

Nick has extensive property history spanning more than three decades in the commercial, industrial and retail sectors repositioning underperforming assets. In recent years, Nick has been involved in more than 40 major property transactions, adding significant value and delivering above average returns for investors. His attention to detail, financial modelling and ongoing implementation of the latest systems and procedures ensures Nick achieves or betters the expectation of investors.

 

In previous roles, Nick has been a board member and shareholder of a number of successful property companies.

 

Ray’s role is to oversee Briars Trustee Services and corporate regulation.

 

He has previously held senior management positions in the public and private sectors – in financial services, manufacturing, mining, professional services and the NFP sector.

 

In addition, Ray is also Company Secretary of a Not-For-Profit charity and responsible for governance and finance.

 

Prior to joining Briars, Ray held the position of Senior Manager – Compliance and Risk for an ASX listed company with regulatory oversight of its Trustee Licence from the Australian Prudential Regulation Authority (APRA), and two Australian Financial Services Licences.

 

Ray is Fellow of Chartered Secretaries Australia [Governance Institute] and is CPA qualified.

 

Over the past 25 years, Mike has held various senior Board positions with a number of private organisations and ASX listed corporates.

 

In addition to this, Mike successfully completed a number of major capital (debt and equity) raisings for a NYSE listed corporate as well as structuring and managing quarterly shareholder programs across the US.

 

In 2001, Mike went on to establish International Acceptance Group (IAG) and raise capital from major lending institutions across Australia, United Kingdom, US and Europe successfully opening in those markets. He obtaine credit licenses in Australia, New Zealand, United Kingdom, Ireland, Spain, Portugal, and Italy employing some 150 staff across 2 continents.

 

During this time, Mike expanded IAG by providing broad product offerings within the retail and wholesale receivable marketplace.

 

In January 2021, IAG was successfully acquired by the ASX listed group Resimac Limited (ASX:RMC).

 

Mike is a Chartered Accountant and a Fellow of the Australian Institute of Company Directors.

 

James has over 25 years’ experience in the funds management industry, having worked in both property trust administration and compliance roles for Perpetual Trustees Australia Limited and MIA Services Pty Limited, a company that specialises in compliance services to property, equity and infrastructure fund managers.

 

For the past 20 years, James has provided independent compliance and management services to many of Australia’s leading fund managers.

 

He is currently an external member on a number of compliance committees for various responsible entities that include property, mortgages. equities, infra-structure and specialist type assets.

 

James is also a responsible manager and/or director for a number of companies that hold an Australian Financial Services Licence including both listed and unlisted property funds.

Briars aims to provide Investors with access to consistent risk adjusted returns whilst maintaining a strong focus on capital preservation and loss minimisation.
Download PDF

The Management team prides itself on its rigorous and disciplined compliance and governance processes that places it in a position to deliver on the Fund’s objectives to provide regular long term income streams to its investors.
Download PDF

To find out more about Briars Monthly Income Fund please click on the below PDF for our September 2021 update.

Investor Communique

Investor Communique - September 2021
Download PDF

 If you have joined Investment Markets (which is free) and verified your email address, you can send an email directly to us either by: -

  • Selecting “Enquire” when viewing the card relating to the listing; OR 

  • By completing the enquiry form on the lefthand side when viewing the detail of a listing 



    We will respond using your preferred communication method (i.e., email or phone). 

Want More Information?

Phone
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
By submitting this form, you agree to our Terms and Conditions

Statutory Statement

This offer of scheme interests is available to wholesale clients only. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.

General Disclaimer

IMPORTANT STATEMENT ABOUT YOUR USE OF THIS SITE

Information on this site is intended for Australian users only.

This site is operated by Investment Markets (Aust) Pty Ltd. (ACN 634 057 248) (IMA, we, us and our), the holder of Australian Financial Services Licence (AFSL) no. 527875. The content is provided solely for information purposes, is not a recommendation or an offer to buy or sell a security, and is not warranted to be correct, complete or accurate. To the extent permitted by law, neither IMA, its affiliates, nor the content providers (such as the issuers of securities who appear on the site) are responsible for any investment decisions, damages or losses resulting from, or related to, the content, data and analyses or their use. The investment products on this site and any statements made about them by their issuers are not vetted, verified or researched by IMA. The presence of an investment product on this site should not be interpreted as an implied endorsement of it by IMA. Certain content provided may constitute a summary or extract of another document such as a Product Disclosure Statement. To the extent any content is general advice, it has been prepared by IMA. Any general advice has been provided without reference to your investment objectives, financial situations or needs. For more information refer to our Financial Services Guide. To obtain advice tailored to your situation, contact a financial advisor. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (or other offer document) before making any decision to invest. Past performance does not necessarily indicate an investment product’s future performance. The content is current as at date of initial publication and may not be current as at your date of viewing. For a more complete understanding of all the terms and conditions of your use of this site click here.

Subscribe to our newsletter

Elevate your investment game with our exclusive weekly newsletter, curated for astute investors like you. Dive into deep market insights and uncover a purposely broad range of unfiltered opportunities. Join a community that thrives on informed choices. Don't just follow the market—lead it.