Contributory Mortgages – Master Mortgage Fund No. 6 ARSN 114 364 886 (MMF6)
Guardian Securities runs a Contributory Mortgage Scheme (MMF 6) which allows investors to contribute funds to a particular project and developer. Full details of offers to investors are made by way of a Supplementary Product Disclosure Statement (SPDS) which sets out the terms and conditions of these offers.
The difference between a contributory mortgage scheme and a pooled scheme is that investors in a contributory scheme have a beneficial interest in the mortgage in which they invest and rely on the expertise of the Manager to monitor the project on their behalf. With a pooled scheme, investors do not have a beneficial interest in any particular mortgage and rely on the Manager to distribute their investment into a pool of mortgages which meet certain lending criteria.
We have recently approved a new loan inviting investors to contribute funds for the following project, and the SPDS for this loan can be downloaded on the left of this page. Brief details are as follows:
|
Name |
Interest Rate |
Term |
Location |
| Trilink JV2 Pty Ltd | 20%pa paid monthly | 15 months | Varsity Lakes, Gold Coast |
How to Invest in a Guardian Mortgage
Read in full the PDS for the Master Mortgage Fund No. 6 & the SPDS for the loan in which you wish to invest, then:
Guardian Securities
P O Box 170
ROBINA DC QLD 4226; or