An income-focused pooled mortgage trust designed to offer competitive monthly income and portfolio diversity. The Trust provides exposure to returns available through loans secured by first registered mortgages over real Australian property.
| 1 month | 3 month | 1 year | 3 year | 5 year | Since Inception | Inception Date |
|---|---|---|---|---|---|---|
| - | 8.17% | 14.03% | 10.13% | 8.45% | - | 1 Mar 2007 |
| Management Fee | Performance Fee | Morningstar Total Cost Ratio |
|---|---|---|
| 0.96% | - | 4.66% |
Since its launch in 2007, the Trilogy Monthly Income Trust (Trust) has been focused on one objective: delivering reliable, regular monthly income through a disciplined, asset‑backed lending strategy.
The Trust invests in a diversified portfolio of loans, each secured by a registered first mortgage over Australian property. Every loan is evaluated by Trilogy Funds’ experienced lending committee, applying conservative loan‑to‑value ratios, detailed due diligence and a deliberate emphasis on downside protection. This disciplined approach prioritises capital preservation while aiming to generate competitive, income-focused returns.
Over nearly two decades, the Trust has supported hundreds of property projects across the residential, commercial, industrial and retail sectors. Its consistent performance through multiple market cycles reflects the strength of its underwriting standards and a cautious, proven approach that favours stability over speculation.
For investors seeking regular income, asset-backed exposure and confidence built over time, the Trilogy Monthly Income Trust represents a strong choice for adding reliable, income-producing exposure to their portfolio.
Issued by Trilogy Funds Management Limited ABN 59 080 383 679 AFSL 261425. Read the PDS and TMD for the Trilogy Monthly Income Trust ARSN 121 846 722 which includes further information and risks such as loss of part or all of your capital or no or lower than expected returns. Past performance is not a reliable indicator of future performance.
Trilogy Funds is one of Australia’s leading fund managers and financiers of property-based investments. When it comes to property-based investing, we take things personally.
We’ve been building wealth together with Australian investors, advisers, developers, and brokers for over 25 years. As we’ve grown, we’ve stayed faithful to the principles that have seen us build long-lasting relationships.
The investment strategy of the Trust is to source Loans secured by registered first mortgages held over property geographically spread across Australia’s states and territories. Other assets may be held.
Loans are proactively managed by Trilogy Funds’ experienced team of portfolio managers.
Loans range from $3 million and $50 million, with Loan-to-valuation ratios (LVRs) no greater than 70% across a portfolio diversified in terms of project phase, geographic location, and type of project, including residential, commercial, retail, industrial and land development.
| 1 Year | 5 Year p.a. | Since Launch (2007) |
| 7.15% | 6.87% | 7.47% |
As at 31 March 2026
All distribution rates quoted are net of fees, costs and taxes and assume no reinvestment of distributions. Past performance is not a reliable indicator of future performance.
An investment in the Trust is subject to general investment risks, specific risks of investing in a managed fund such as the Trust, as well as all the risks of investing in a portfolio of first registered mortgages over real property and any other assets that the Trust invests in from time to time. Before making an investment, you should read the PDS in full to understand these risks. You should also refer to the Target Market Determination (TMD).
Justin is Co-Managing Director of Trilogy Funds Management Limited and its parent company, Trilogy Funds Group. He joined Trilogy in 2007 as Chief Financial Officer and was appointed Chief Operating Officer in 2011, before moving into his current role as Joint Managing Director.
A Certified Practising Accountant, Justin has more than 30 years of experience in accounting and finance, including over 25 years in the financial services sector. He brings deep expertise in financial management, audit, technology, and strategic planning, and plays a key role in overseeing Trilogy Funds’ responsibilities under its Australian Financial Services License, including the operation of its managed investment schemes.
Justin’s strong command of statutory reporting requirements and governance frameworks has been central to the Group’s ongoing growth and operational performance. His leadership in implementing business-critical systems and process improvements continues to drive efficiency and support the long-term strategic direction of Trilogy Funds.
Henry is Co-Managing Director of Trilogy Funds Management Limited and its parent company, Trilogy Funds Group. Since joining the business, Henry has played a key role in shaping Trilogy’s strategic direction and governance framework, with a particular focus on regulatory oversight, risk management, and capital structuring.
Henry is responsible for overseeing the Group’s AFSL obligations and engagement with internal and external stakeholders. He works closely with internal teams to ensure that appropriate controls and governance measures are embedded across the business.
His work spans the origination and negotiation of a range of institutional-grade transactions and partnerships, both in Australia and internationally.
A core requirement of Henry’s role is to bridge risk, governance, and growth strategy to support Trilogy’s long-term success in managing retail investment products and fixed income assets.
Our Head of Lending Clinton Arentz is also Managing Director of Trilogy Finance and a Director of the broader Trilogy Funds Group. Since joining the business in 2017 as Head of Lending and Property Assets, he has been instrumental in driving the growth and strategic direction of Trilogy’s property lending platform.
Clinton led the nationwide expansion of the Trilogy Monthly Income Trust, supporting the growth and management of a construction loan portfolio now exceeding $1 billion. He also played a central role in the creation and scale-up of the Trilogy Industrial Property Trust, which has grown to over $250 million in assets under management across five Australian states and territories.
With more than 35 years of experience in property development, project delivery, and asset management, Clinton’s expertise spans residential, commercial, and industrial sectors. Prior to Trilogy, he held senior roles with Jones Lang LaSalle and co-founded a business that reached the No. 1 ranking on the BRW Fastest Growing Private Companies list.
Clinton brings deep capability across the full development lifecycle—from risk assessment and funding strategy to project structuring, delivery, and asset realisation. He is also highly experienced in asset management, work-out projects, and disposal strategies.
Clinton holds an MBA from the Australian Institute of Business and has completed executive programs through the Securities Institute of Australia and the London School of Economics. He is committed to delivering practical, responsive finance solutions and long-term value for property developers across Australia.
A pooled mortgage trust is an investment vehicle that lends investor money to commercial borrowers and consists of a ‘pool’ of loans secured by mortgages over property as the primary security. These funds may be lent for land subdivision purposes or to a borrower undertaking construction and property development. After investing in the Trust, investors usually receive income called a distribution from the interest paid by borrowers, cash and other underlying investments held by the Trust.
All of our investment options aim to pay distributions monthly. Investors can expect to receive distributions on or around the eighth business day of each month, given funds are available.
Investors should note that past performance is not a reliable indicator of future performance and that risks include loss of part or all of your capital, income, or diminished returns.
Accepting loans on a first registered mortgage basis is a security measure designed to help protect lenders and investors from financial loss. Apart from Government charges, a first registered mortgage has priority over all other liens or claims on a property in the event of default.
The Trilogy Monthly Income Trust is a pooled mortgage investment, providing investors with exposure to returns available through loans secured by first registered mortgages over Australian property. This gives Trilogy the right to take possession of a property and sell it to recover funds should a borrower stop making loan repayments or otherwise fail to honour the terms of a loan agreement.
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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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