Private Credit
MA Secured Real Estate Income Fund
A real estate credit fund available to retail investors. Provides investors access to a diversified loan portfolio secured by registered first mortgages over Australian property, seeking to preserve capital and deliver monthly income of the RBA Cash Rate + 5.00% p.a. (current target return 9.35% p.a.).¹
The Fund seeks to provide monthly income of the RBA Cash Rate + 5.00% p.a.1
A high-quality portfolio delivering a competitive return in exchange for low to medium levels of risk.
A defensive strategy employing a conservative approach to preserving investor capital.
Fund overview
The Fund is actively managed by a team of investment professionals with specialist expertise in analysing real estate opportunities and loan portfolios.
The team seek to build a high-quality portfolio of loans centred around strict loan criteria, diversified investments, and low-to-moderate target loan-to-value ratios.
The Fund invests only in registered first mortgages helping to preserve capital and ensure the interests of investors ranks ahead of any other interest in the real estate security.
Fund video
Watch this short video to hear Portfolio Manager, Drew Bowie, introduce the Fund, provide an overview of the real estate credit market and outline some of the advantages of investing in the asset class.
Fund facts
Target return
RBA Cash Rate + 5.00% p.a.1
Minimum initial investment
$10,000
Eligibility
Retail and Wholesale investors
Distribution frequency
Monthly
Distribution Reinvestment Plan (DRP)
Available. Download the DRP booklet for more information
Liquidity
First business day of each calendar month with 30 days’ notice2
Unit Price
$1.0 (as at 01 November 2024)
Performance fee
Nil
Management fee
1.03% p.a. of the Fund’s Net Asset Value (including GST, net of Reduced Input Tax Credits)3
Platform availability
Australian Money Market, Dash, HUB24, Macquarie Wrap, Mason Stevens, Netwealth, Powerwrap, Praemium
APIR
MAA6243AU
ARSN
648 810 904
Researcher ratings
'Recommended' rating⁴
Risks
Risk Rating: Low to Medium risk classification5
All investments are subject to risk, which means the value of your investment may rise or fall. Before making an investment decision, it is important to understand the risks that can affect the value of your investment.
Key risks of an investment in the Fund include but are not limited to:
Credit risk. Credit risk is the risk that one or more assets in the Portfolio may decline in price or fail to pay interest or principal when due because the borrower experiences a decline in its financial status.
Utilisation risk. The Portfolio may include investments in drawn and undrawn loans. Undrawn loans include revolving loans and facilities where the borrower can draw down and repay the facility over time, subject to an overall facility limit.
Liquidity risk. The objective of the Fund is to invest in loans secured by mortgages over Australian real property. The loans will have maturities of up to 24 months.
Capital return. A mortgage scheme is not a bank deposit and the return of some or all of an investment is not guaranteed.
More information on the risks of investing in the Fund is contained in the Product Disclosure Statement, which should be considered before deciding to invest in the Fund.
Invest now
Step 1
Download the Product Disclosure Statement, Reference Booklet, and check for PDS updates
Step 2
Step 3
Submit the Application Form and any required identification documents.
If accepted, valid applications for Units received by the unit registry before 2pm on any Business Day will be processed at the application price, and Units will be issued on the first Business Day of the following month.
Post: GPO Box 3993 Sydney NSW 2001
Hand deliver: Level 8, 210 George Street Sydney NSW 2000
Phone
1300 135 167 (within Australia)
+61 2 8023 5415 (outside Australia)
Resources
Design and Distribution Obligations
Issuers and distributors of financial products must comply with the Design and Distribution Obligations (DDO) from 5 October 2021. Distributors are required to notify the product issuer of any significant dealing in a product that is not consistent with the Target Market Determination and any complaints received in relation to the Fund.
For more information regarding distributors’ reporting obligations, please refer to the Fund’s Target Market Determination.
Templates
You can use the Financial Services Council (FSC) reporting templates, or the templates provided below to report significant dealings and complaints to the Responsible Entity.
Significant Dealings Report
Complaints Report
Any significant dealings or complaints can be reported to:
Private credit insights
Private Credit Investment Series
Through a series of four insights our Head of Credit Investments and Lending, Frank Danieli, introduces private credit, exploring the wide range of opportunities now available for Australian investors.
Real Estate Credit Investment Series
Through a series of three insight pieces, our Head of Real Estate Credit, Drew Bowie, introduces real estate credit exploring its fundamental attributes and advantages.
MA Financial on Ausbiz
Watch us regularly on Ausbiz engaging in wide-ranging discussions on credit markets.
For more information and to arrange a discussion, please contact us.
1. Net of fees and costs. Refer to the Fund’s Product Disclosure Statement and Reference Booklet for further information on target returns and Fund details. Current target return as at 1 November 2024.
2. Where the Fund is liquid, a 30-day notice period is required for withdrawals, but requests may be processed and paid sooner at the Responsible Entity’s discretion. Withdrawal requests are subject to the Product Disclosure Statement and may be delayed or suspended in accordance with the procedures set out in the Product Disclosure Statement and the Fund Constitution. Note that up to 18 months is allowed under the Constitution to satisfy withdrawal requests. Refer to the Product Disclosure Statement for details on withdrawals from the Fund.
3. Refer to the Product Disclosure Statement for details of all fees and costs associated with this product.
4. The rating issued for MAA6243AU 11/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.
5. This risk classification is provided as a guide. In assessing the relative risks of this product we have had reference to the categories of risk described in the Standard Risk Measure Guidance Paper for Trustees issued jointly by the Financial Services Council (of which MA Financial Group is a member) and the Association of Superannuation Funds of Australia dated July 2011.
This information has been prepared by MAAM RE Limited ABN 34 135 855 186, AFSL 335783 the issuer and responsible entity (Responsible Entity) for the units in the MA Secured Real Estate Income Fund ARSN 648 810 904 (Fund) and the issuer of the units in the Fund.
The information contained in this document is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making any investment decision you should consider obtaining professional investment advice that takes into account your personal circumstances and should read the current product disclosure statement (PDS) of the Fund and the target market determination (TMD). The PDS and TMD for the Fund is available at https://mafinancial.com/invest/private-credit/ma-secured-real-estate-income-fund. Neither the Responsible Entity nor MA Financial Group or any member in its group guarantees repayment of capital or any particular rate of return from the Fund. All opinions and estimates included in this document constitute judgments of the Responsible Entity as at the date of this document and are subject to change without notice. Past performance is not a reliable indicator of future performance. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Whilst the Responsible Entity believes the information contained in these materials are based on reliable information, no warranty is given to its accuracy and persons relying on this information do so at their own risk. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. Statements contained on this fund page that are not historical facts are based on expectations, estimates, projections, opinions and beliefs of the Responsible Entity as at the date of this document. Such statements involve known and unknown risks, uncertainties and other factors, and should not be relied upon in making an investment decision. These views may not necessarily reflect the views of MA Financial Group or any member in its group. Any references in this document to targeted or projected returns of the Fund are targets only and may not be achieved.
Investments in the Fund are subject to risk including possible delays in payment or loss of income and principal invested. This information is intended for recipients in Australia only.
The Responsible Entity's address is Level 27, Brookfield Place, Sydney NSW 2000. The Responsible Entity, its related bodies corporate, the Responsible Entity's directors and employees and associates of each may receive remuneration in respect of advice and other financial services provided by the Responsible Entity. The Responsible Entity has entered into various arrangements with MA Investment Management Pty Ltd in connection with the management of the financial products referred to in this website. In connection with these arrangements MA Investment Management Pty Ltd may receive remuneration or other benefits in respect of the financial services it provides.
