INVEST
| INVESTING WITH FIRST MORTGAGE TRUST
First Mortgage Trust's investment fund currently stands at approximately $900 million - that is over 4,000 people who know a smart investment when they see one!
More information, including diagrams showing how investments are made,
is available in the First Mortgage Trust's quarterly newsletters, Fund
Updates and Product Disclosure Statements.
Security - The security of an investment is one of the highest
concerns of any investor. With First Mortgage Trust, your funds are secured
by first mortgages with relatively conservative Loan to Valuation ratios.
Funds are only lent on first mortgages over land and buildings and in the
event of a borrower defaulting on loan repayments, First Mortgage Trust
can exercise the right to sell the property. In addition, First Mortgage
Trust has relatively conservative Loan to Valuation ratios, the investment
fund is pooled and the security properties supporting loan advances are
diverse which all ensure any risk to investors is minimised.
Click Here to read more about security.
Earn a regular and competitive income - Every quarter, First
Mortgage Trust distribute interest returns and the investors can choose
to have these deposited into their bank account or reinvest in units in
the fund. First Mortgage Trust traditionally provides higher returns than
the trading banks.
Click Here to see the interest returns that investors have enjoyed.
Flexibility - Investors have the choice to either invest
a lump sum or make investments of various amounts at any time that suits
them. Investor's money is not invested for any fixed term, although First
Mortgage Trust does encourage investors to allow their investment to grow
over a medium to long term. The Trust Deeds and Product Disclosure Statements
allow First Mortgage Trust up to 90 business days to repay withdrawal requests
and this provision may be utilised if it is considered to be in the interests
of all investors in the fund.
No 'up front' fees - No entry fees are required, regardless
of whether you deposit lump sums or smaller regular savings contributions.
All management fees, trustee fees and other costs are deducted prior to
declaring the rate of the quarterly return.
Specialised and independent management - First Mortgage Trust's
relatively conservative first mortgage investments are professionally managed
by a team with both legal skills and substantial, specialised experience
in the field of mortgage lending.
Click Here to learn more about First Mortgage Trust
Marginal tax rates and PIE tax - First Mortgage Trust (as
a group investment fund) deducts withholding tax from Income at the investor's
marginal tax rate. For a large proportion of investors, this is 17.5%.
There is also an option to invest under the PIE regime which caps tax paid
on investments by individuals at 28%. This allows investors in the 33%
tax band to save tax of 5 cents in each dollar of income from their investment
compared with a direct investment in First Mortgage Trust.
GIF Product Disclosure Statement
PIE Trust Product Disclosure Statement
