Perpetual’s Monthly Income Fund
Perpetual’s Monthly Income Fund aims to provide investors with a secure rate of return through exposure to quality first registered mortgages and investment in deposits, money market, fixed income and debt-like hybrid securities.Key features
- Invests in quality first registered mortgages and cash
- Intends to maintain a minimum cash level of 25% of the net asset value of the Fund (this amount can be greater than 25% due to cash flows and lending requirements)
- May use derivatives solely for managing actual and anticipated interest rate risk.
Key benefits
- Aims to provide investors with a monthly income
- Is managed in a conservative manner to identify high-quality mortgages with attractive loan-to-value ratios that are secured by income-producing properties
- Is managed by our skilled investment team
- Can act as a diversification tool for investors’ portfolios
- Has provided capital stability over a long period of time.
Our Mortgages team
Perpetual’s Mortgages team is one of Australia’s most successful and with an average of 22 years in the industry, one of the most experienced. The team believe value added returns are achieved through the disciplined application of conservative lending guidelines.
Investment style and process
Our experienced mortgages team aims to construct well diversified portfolios of mortgages with a focus on credit quality. The team’s ability to assess credit quality ensures that we are able to take on well prices risk within our mortgages fund portfolios. The key steps in our portfolio are an ability to sources mortgage fund applications both directly and indirectly, and rigorous in-house due diligence on each application with a focus on credit quality.
