AUSTRALIAN SECURITIESIncome Fund
A non-pooled securitised investment Fund, providing investors monthly income, capital security and investor control.
With origins dating back to 1925, the Australian Securities Income Fund has provided investors with a choice of non-pooled mortgage security investments with different risk and income scenarios.
The Australian Securities Income Fund (ASIF) is a conservative security-based investment Scheme. The investment provides a mortgage security secured by registration over real estate. The Member chooses an investment security with its own investment terms and in return receives monthly income in the form of mortgage interest repayments for the duration of the term.
Benefits include a low-risk investment, greater investor control, and a choice of investment types.
Income Fund
7.02%*
P.A. FUND RETURN RATE
*Net return after fees as at 30 September 2024.
Non-Pooled
Reliable monthly income
Members who invest in the Fund will be paid interest monthly. Interest can be paid directly to your chosen bank account, or interest can be reinvested in the Term Fund.
Fixed or variable interest rates are available, averaging between 4% – 10% depending on the type of loan, security, and risk level chosen by the investor. Interest rates will generally be higher when the interest rate is fixed, construction works are being performed, an early repayment option has been set or an interest reset option exists.
Your capital is secured by title
Fund Overview
What
How it works
Investors select a specific mortgage security sourced and managed by Australian Securities on terms approved by the investor. These terms include interest rate, investment type, and the investment amount.
The investor will receive monthly income in the form of mortgage interest repayments for the duration of the term.
Why invest in this Fund?
Greater investment control
Investors can select from a range of mortgage security investments with different risk and income scenarios. Members can choose from lower or higher risk investment scenarios, being a Tier 1 or Tier 2 mortgage investment with the Tier 2 providing a higher rate of return or Members can choose to invest in a number of both to diversify risk.
Investment terms range between 1 – 5 years, with a fixed or variable interest rate paid monthly to maturity.
Further investment options include a Building rate, during the term of any construction period and a Fixed Term or Early Term Repayment rate option. When a mortgage security matures, the investor has the first option to reinvest in the mortgage security if the borrower applies to extend the loan term.
Reduced risk
Monthly Income Assurance
Investor Suitability
Fees & Costs
A low-cost investment structure
Commissions
Fund Performance
Average LVR
43.83%
Blended Return
7.65%
Tier 1 Return
7.1%
Tier 2 Return
9.49%
ASIC benchmarks
ASIC Regulatory Guide RG45 (revised 9 May 2012) has eight benchmarks for unlisted mortgage schemes for Scheme Members and prospective retail or wholesale investors to understand better and assess the risks, rewards and suitability of this form of investment. Review how our Fund deals with each benchmark in the ASIC Benchmark Overview in the Income Fund PDS which can be downloaded from the investor resources page.
The benchmark should be read in conjunction with the Product Disclosure Statement.
Annual Report
Product Disclosure Statement and Target Market Determination
Apply now
If you are interested in opportunities to grow wealth, simply start the process by applying online or complete the application form in the Funds PDS and email to – [email protected]
Have questions? Call us on 1300 275 275. We don’t have call centres, you’ll talk directly to our investment managers or executives when you call.
