Our CEO Daniel McGrath presenting on the Xceda Mortgage Income Fund at the recent Emergence Conference in Sydney.
|Minimum Investment Term||Rate|
|12 Months||5.95% p.a.|
|24 Months||6.50% p.a.|
|36 Months||7.00% p.a.|
Target Rates as at 1st March 2022*
*The rates are target investment returns and not guaranteed.
The Target Rates are updated on www.xceda.com.au from time to time.
The rates are net of all fees and charges, interest is paid monthly or quarterly (or compounded quarterly).
|Type of Investment||Managed Investment Scheme offering fixed interest returns to sophisticated and wholesale investors.|
|Manager||XCEDA Capital Pty Ltd.|
|Custodian||XCEDA Investment Services Pty Ltd.|
|Objectives||To invest in short to medium term loans secured by registered mortgages against residential, commercial, or vacant property and caveats to provide a fixed return for investors.|
|Choice of Investments||Pools of loans selected by the Manager, secured by 1st and 2nd mortgages.|
|Investment Confirmation||Once an application has been processed and accepted, XCEDA will issue an investment confirmation to an investor within 7 days.|
|Investment Strategy||The Manager intends to offer mortgage and caveats secured loans to approved borrowers.|
|Investment Term||Minimum 12 months.|
|Minimum Amount||AUD $20,000.00.|
|Maximum Amount||No Maximum.|
|Redemption of Units||No early redemption is available.|
|Distribution||The fund offers a targeted fixed rate of return.|
|Security||Your investment is secured by way of registered mortgages and caveats held by the custodian/trustee XCEDA Investment Services Pty Ltd over the borrower's property.|
|Risks||The risks to investors depend of the financial performance of the funds. The main risks to the business are market risks, default risk and property valuation risk.|
|Wholesale and sophisticated investors only||This Offer is restricted to wholesale clients and sophisticated investors (within the meaning of the Act). You may qualify to invest in the Fund in the following ways: a. You are a professional investor (as this term is defined in the Act). b. You invest at least $500,000 into the Fund. c. You meet the minimum asset ($2.5 million of net assets) or income ($250,000 of gross income for the last two financial years) requirements set out in the Act. d. You otherwise satisfy us you are not a “retail client” for the purposes of Chapter 7 of the Act.|