Equity-One Mortgage Fund
The Fund offers investments which provide interest to investors seeking better performance in a secured and transparent environment.
The Fund gives investors an opportunity to invest in Mortgages and earn a fixed rate of return over a fixed term of investment (agreed at the start of the investment).
The investment is secured by Mortgages over Security Property.
The Fund has maximum LVRs meaning that the money advanced to a Borrower will not exceed a fixed percentage of the Security Property’s independent valuation.
Setting a maximum LVR is aimed at ensuring that the value of the Security Property is sufficient to cover the amount of the Loan.
Returns
Equity-One™ offers investments which provide interest to investors seeking better performance in a secured and transparent environment. Investing with Equity-One™ means you can receive your interest monthly, quarterly, or annually.
Interest is credited direct to your bank account and you receive monthly statements detailing your returns.
Terms
Terms can be from 1 month up to 3 years. With the large variety of investments on offer, you can discuss the investment term which suits your needs.
Security
The security and safety of your investment is a high priority at Equity-One™. In recent years the security of your hard-earned capital has never been more important. As Equity-One™ is a Mortgage Fund, the funds invested are directly lent to borrowers who in return for the loan offer a mortgage on property. We call this “security property”. One characteristic which stands Equity-One™ out from other mortgage funds is the ability for investors to directly choose the security property upon which a loan is secured. You, the investor, have the choice to make the decision whether to invest in a specific mortgage secured by a specific property. It’s that simple and transparent. Throughout the Global Financial and Banking Crisis, it is precisely this control and security that investors have enjoyed and has led to the growth of Equity-One™.
Equity-One™ is not a pooled mortgage fund. Your investment is not “mixed” with others in a pooled or unitised structure. Other mortgage funds which are structured in this manner cannot specifically detail where their investor’s funds are directly lent.
Equity-One™ Mortgage Fund also prides itself on having NO DEBT.
Withdrawals
Members cannot withdraw their investment until maturity or repayment of the Loan relating to the Sub-scheme in which the Member invests. Any transfer or early repayment is at the complete discretion of the Responsible Entity.
Investor Suitability
The Responsible Entity believes the Fund is suitable for investors seeking a relatively stable return on investment with regular income distributions.
Suitable investors are likely to include superannuation funds, retirees and pension funds, individuals seeking a secured income stream, institutions, charitable trusts and other trust institutions.
Loan Terms
The Loans offered to Borrowers are fixed term. They are secured by either a registered or registrable First Ranking mortgage or Second Ranking Mortgage. The Loan terms will vary for each Sub-scheme. This gives the Member the flexibility of selecting Loan terms that suit their risk profile and income needs.
Security Property
The Fund’s Sub-schemes will typically invest in Mortgages secured over residential metropolitan property. However, the Fund may invest in Mortgages over commercial, industrial and rural property from time to time. The relevant Mortgage may be a First Ranking Mortgage or a Second Ranking Mortgage.
A First Ranking Mortgage provides a higher level of security than a Second Ranking Mortgage in that it has priority in relation to repayments of interest and principal over a Second Ranking Mortgage.
As a means of compensating a Member for the higher risk associated with a Second Ranking Mortgage, a higher interest rate will usually be applicable to Subschemes with this type of security. A Member’s Cash Moneys will never be advanced on a Loan secured by a particular Security Property unless that Member consents in writing to such an allocation by completing and lodging the Consent Form in the Part B PDS which will detail the nature of the Security Property, the terms of the relevant Loan, and the identity of the Borrower.
Income Payments
Income, in the form of interest payments made by a Borrower (at a fixed interest rate), less the fees and costs of the Responsible Entity (see Section 9), is deposited to a Member’s nominated bank account on a monthly basis, unless otherwise agreed between the Member and the Responsible Entity.
Capital
The amount of capital invested by the Member remains the same and is repaid to the Member on maturity of the Loan relating to the relevant Sub-scheme.
Equity-One was established over 20 years ago and became a Managed Investment Fund in 2005. Having facilitated over $2 billion dollars of commercial transactions, we understand the needs of both our borrowers and investors. We have a deliberately simple model:
‘Connecting our Commercial Borrowers with our Investors’
Equity-One™ is a Public non-listed Financial Institution which specialises in both investment and finance. It provides secured investments offering attractive interest returns to investors and fast and competitive finance solutions to borrowers.
Equity-One™ commenced operations in 2006 and is an ASIC-registered Managed Investment Scheme (ARSN No 115 289 579).
Dean Koutsoumidis has extensive experience in the management of a mortgage lending business, and has been the Managing Director of the Responsible Entity since its inception.
Previously, Dean specialised in second mortgage and bridging finance products, as the Managing Director of Equity-One Finance & Investments Pty Ltd. Under this mortgage lending business, Dean dealt, on a regular basis, with finance consultants, mortgage brokers, wholesale lenders, valuers and its legal representatives. As the Managing Director of Equity-One Finance & Investments Pty Ltd, Dean was responsible for managing the mortgage portfolio. Dean acted as Equity-One Finance & Investments Pty Ltd’s Managing Director since 29 April 1998.
Dean also has experience in operating as an independent mortgage broker and consultant and has conducted business as a mortgage originator for Perpetual Trustees Victoria Ltd and for National Australia Bank mortgage products.
Dean has a Diploma of Financial Planning from Deakin University and RMIT and is a member of the Mortgage & Finance Association of Australia.
Michael has worked at Equity-One since 2005. He is engaged in various facets of the business, working with borrowers, brokers, and investors alike. Michael has extensive experience in all aspects of mortgage lending, having worked in the industry since 1993.
Tom has been with Equity-One since 2008. With a diverse skill set and experience in the mortgage lending industry, Tom works closely with the Managing Director, Board, and all staff to maintain smooth relationships with key stakeholders and associates.
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Whether you are an individual, company, trust or Superannuation fund, we can offer the same attractive benefits when investing with Equity-One™ Mortgage Fund Limited. Your initial investment can start from as little as $10,000.
1. Download a copy of our Product Disclosure Statement (PDS)
| Download PDS |
2. Fill in the Application Form at the back of the PDS;
3. Send the Application Form back to us (level 13, 256 Queen Street Melbourne VIC 3000).
4. We will then contact you to make your first investment with Equity-One™ Mortgage Fund.
Click here for further investors FAQs
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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. An investment in the product is not a bank deposit and investors risk losing some or all of their money. 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.
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