The Trust invests in domestic commercial and residential Mortgage Backed Securities (For Wholesale Investors Only)
Thinktank is one of Australia’s leading specialist property finance providers to the self-employed/SME/SMSF sectors. Established in 2006, Thinktank has financed over $18 billion in residential and commercial property loans to Australian businesses and experienced property investors with a proud record marked by excellence in credit quality management, loan portfolio performance and stakeholder relations.
Thinktank High Yield Trust
Assets of the High Yield Trust include:
Thinktank High Yield Trust summary:
What is the High Yield Trust’s investment strategy?
To invest in Mortgage Backed Securities issued by other Think Tank managed vehicles where Think Tank considers (in its absolute discretion) the risk and return of those securities are similar to the other assets held in the High Yield Trust and cash.
Investment Term
The minimum investment term is 12 months. At the end of the minimum investment term, you may request redemption of your Bonds and the Issuer will redeem your Bonds subject to there being sufficient funds in the relevant Trust available for that purpose. If you do not request redemption of your Bonds, then your Bonds will be subject to a minimum investment term of a further 12 months.
No fees are charged upon subscription or maturity of the Bonds. However, an Early Termination Fee may be payable if our Bonds are redeemed at your request (with the agreement of the Manager) before the end of their minimum term.
Think Tank, as Manager, will source Mortgage Backed Securities for investment by the High Yield Trust. It is these assets that provide the underlying cashflows and liquidity to support the payment of interest and return on principal on your High Yield Bonds.
Mortgage Backed Securities
The Manager will acquire Mortgage Backed Securities that, in the Manager’s view, are consistent with the risk and return profile of the other assets within the High Yield Trust. These Mortgage Backed Securities are issued by other Thinktank managed trusts and fund loans originated by Thinktank.
No assurance can be provided about the actual performance (including as to margin, rate of return and repayment) of any Mortgage Backed Securities acquired by the High Yield Trust. The Manager does not accept responsibility for the performance of the Mortgage Backed Securities.
Loans
The High Yield Trust can also invest directly in loans originated by Thinktank however the intention is for loans to be less than 10% of the assets of the High Yield Trust although at any given time the proportion may be higher.
Thinktank is one of Australia’s leading specialist property finance providers to the self-employed/SME/SMSF sectors. Established in 2006, Thinktank has financed over $18 billion in residential and commercial property loans to Australian businesses and experienced property investors with a proud record marked by excellence in credit quality management, loan portfolio performance and stakeholder relations.
These issuances have been rated by Standard & Poor’s and Fitch, including AAA ratings for the senior tranches of our RMBS transactions. Over its 20 years of operation, Thinktank has never missed a scheduled interest or principal payment to its funders and investors.
Loan losses since 2006 have been negligible at less than 0.03%. In its 20 years of operation, Thinktank has never missed a single scheduled interest or principal payment to its funders and investors. The founders and executive management team of Thinktank are all highly experienced banking and property professionals with specific expertise in identifying and managing risk through economic and credit cycles.
Thinktank adopts a conservative credit underwriting approach and has a long track record of providing commercial and residential mortgages to SME and SMSF borrowers.
Jonathan has over 30 years’ experience in the finance industry in Australia and the UK, including National Australia Bank, Rothchilds Asset Management, Cargill Financial Markets, and Accenture. Jonathan is one of the founders of Thinktank and continues to be instrumental in the development and evolution of the business.
Cullen has over 25 years’ experience in financial services, with a focus in securitisation and capital markets across multiple major institutions, including CBA, Citibank, Societe Generale, and Zurich Capital Markets. With further experience gained at ASIC in the Investment Bank Division, Cullen has worked extensively in facilitating debt capital markets financing for many businesses in Australia for residential mortgages, equipment lease receivables, commercial mortgages, consumer loans, and auto loans.
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Thinktank is one of Australia’s leading non-bank specialist property finance providers to the self-employed/SME/SMSF sectors. Established in 2006, Thinktank has financed over $17 billion in residential and commercial property loans to Australian businesses and experienced property investors with a proud record marked by excellence in credit quality management, loan portfolio performance and stakeholder relations.
There are no fees to invest in the bonds nor to redeem your capital once the 12 month term has expired. Should you wish to redeem your capital early a 2% early redemption fee may apply. There is a management fee of up to 0.70% p.a. which is taken from the interest paid by the borrower. All quoted returns are net of fees.
To invest in Thinktank’s High Yield Trust please contact:
Lauren Ryan, National Manager - Investments at lryan@thinktank.net.au | 0401 974 839
If you wish to have your capital returned to you at the end of the 12 month term, you must notify Thinktank at least 30 (but no more than 90) days prior to the monthly payment that immediately follows the end of the 12 month term.
Wholesale/sophisticated investors can invest in Thinktank’s High Yield Trust. Thinktank is offering investors a 12 month bond whereby investors receive monthly coupon interest payments and are able to redeem their capital after the 12 months or roll over for another 12 month investment. The High Yield Trust invests in commercial and residential mortgage-backed securities.
The minimum investment is $10,000.
Thinktank will post monthly reports on collateral performance on our website for investors to review. At the end of the financial year Thinktank will provide investors with a summary of interest earned.
Investment in the High Yield Trust produce annual effective returns of 5% fixed plus a margin of BBSW 30 which is reset on the 10th or the month or the following business day.
Thinktank can accept investments from high net worth, wholesale & sophisticated investors. Investors who meet this criteria can invest under their own name, their company, SMSF or trust.
AMAL Asset Management Ltd, rated “Strong” as a servicer by Standard & Poors, acts as a backup servicer to the Income and High Yield Trusts which means both Trusts will continue to be managed by a capable independent organisation and will adhere to the commitments and obligations contained in the Information Memorandum.
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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.
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