Thinktank Income Trust offers investors first mortgage exposure to domestic, established commercial and residential property (for Wholesale Investors only)
Direct access to a secured monthly income producing asset class.
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Income Trust |
Income Trust |
Income Trust |
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6.50% * |
7.10% * |
7.90% * |
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| Term | Monthly | Quarterly | Semi-annual |
| Minimum investment | $10,000 | $10,000 | $10,000 |
| Type | Interest paid monthly | Interest paid monthly | Interest paid monthly |
| Interest | Variable | Variable | Variable |
| Income | Paid monthly | Paid monthly | Paid monthly |
| Security | First mortgage secured | First mortgage secured | First mortgage secured |
| Learn more | Learn more | Learn more |
| Income Trust | |
| * 6.50% * | |
| Term | Monthly |
| Minimum investment | $10,000 |
| Type | Interest paid monthly |
| Interest | Variable |
| Income | Paid monthly |
| Security | First mortgage secured |
| Learn more | |
| Income Trust | |
| * 7.10% * | |
| Term | Quarterly |
| Minimum investment | $10,000 |
| Type | Interest paid monthly |
| Interest | Variable |
| Income | Paid monthly |
| Security | First mortgage secured |
| Learn more | |
| Income Trust | |
| * 7.90% * | |
| Term | Semi-annual |
| Minimum investment | $10,000 |
| Type | Interest paid monthly |
| Interest | Variable |
| Income | Paid monthly |
| Security | First mortgage secured |
| Learn more | |
*These investment products are available exclusively to wholesale and sophisticated investors, as defined under the Corporations Act 2001 (Cth), and are not open to retail investors. Returns are calculated based on the BBSW 30 as at the 10th of the month (or the next business day), Plus a fixed margin that varies by product. For more detailed information, please refer to the Investment Report. Investment returns may fluctuate due to changes in market conditions and other associated risks. Past performance is not a reliable indicator of future performance. Prospective investors should consider the risk disclosures outlined in the Information Memorandum and assess whether the investment is appropriate given their financial situation, objectives, and needs. Fees, charges, terms, and conditions apply. A copy of the Information Memorandum will be provided prior to any investment.
^ The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person's particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.
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 $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 Income Trust
Assets of the income trust include:
The Income Trust is not associated in any way with development funding or land banking.
Thinktank Income Trust summary:
What is the Income Trust’s investment strategy?
To invest in loans to borrowers secured by mortgages over commercial or residential property in Australia and other authorised investments (primarily cash).
Investment Term
The minimum investment term ranges from monthly, quarterly or semi-annually depending on the investors liquidity needs. At the end of the minimum investment term, you may request redemption of your Bonds and the Income Trust will redeem your Bonds subject to there being sufficient funds available for that purpose. If you do not request redemption of your Bonds, then your Bonds will be subject to a further minimum investment term.
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.
Loans
The Loan portfolio will be diversified across a range of geographic locations within Australia, borrower type and secured property type. The security for each loan must always include mortgages over commercial or residential real estate.
Authorised Investments
A deposit with an ADI, or any Australian-dollar denominated Mortgage Backed Securities.
Think Tank manages a range of trusts other than the Income Trust which also fund diversified portfolios of loans. Like the Income Trust, these trusts also issue bonds to investors. The majority of these bonds are acquired by major institutional investors, however some bonds are available for the Income Trust to invest in if there are no loans currently available to invest in. These bonds are typically secured by diversified portfolios of loans originated by Think Tank and subordinated to the bonds held by major institutional investors and therefore earn a higher rate of interest.
Authorised Investments are targeted to be less than 15% of the assets of the Income Trust over time although at any given time the proportion may be higher.
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 Income Trust. The Manager does not accept responsibility for the performance of the Mortgage Backed Securities.
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 $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.
To date, Thinktank has issued over $10 billion independently rated (Standard and Poors and Fitch for the AAA tranche of our RMBS transactions) commercial and residential property backed bonds to global institutional and wholesale bondholders. In its seventeen years of operation, Thinktank has never missed a single 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 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 20 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 commercial and residential property finance provider. Established in 2006, Thinktank has financed more than $17 billion in retail, office, industrial and residential 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 minimum investment 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 Income 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 minimum 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 specified term.
Yes, the Income Trust has a dynamic loss provision up to 1% of the loan pool balance.
Wholesale/sophisticated investors can invest in Thinktank’s Income Trust. Thinktank is offering investors a monthly, quarterly or semi-annual bond whereby investors receive monthly coupon interest payments and are able to redeem their capital after the minimum term or roll over for another minimum term. Funds invested are then lent to borrowers secured by residential or commercial property.
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.
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 Trust which means the Trust will continue to be managed by a capable independent organisation and will adhere to the commitments and obligations contained in the Information Memorandum.
Investment in the Income Trust produces annual effective returns of 2.20% - 3.60% fixed plus a margin of BBSW 30 which is reset on the 10th or the month or the following business day.
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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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