2016 Audited Accounts

The Mortgage Fund's financial accounts for 30 June 2016 have now been finalised.  The principal activities of the Fund remain the investment in loans secured by registered mortgages and interest bearing deposits.  A quick snapshot of the Fund's performance is as follows:

  • Net Assets for unit pricing purposes of approximately $183 million;
  • Loans secured by registered mortgages were approximately $111 million;
  • Cash assets were approximately $72 million; and
  • Distributions at year end represented 5.14% pa (annualised).

A copy of the full financial statements for The Mortgage Fund as at 30 June 2016 can be downloaded here.

 

The information provided in this website should be regarded as general information only, rather than as advice. It has been prepared without taking account of any person's objectives, financial situation or needs. Because of that each person should, before acting on any such information, consider its appropriateness, having regard to their objectives, financial situation and needs. The Mortgage Fund is NOT a bank deposit. Investment in The Mortgage Fund is subject to INVESTMENT RISK, including possible delays in repayment and loss of income or principal invested. The income paid by The Mortgage Fund varies from quarter to quarter and The Mortgage Fund may achieve lower than expected returns in future quarters. No guarantee can be given that future performance will be reflected by data of past performance. Investment in The Mortgage Fund can only be made under the current relevant product disclosure statement (PDS) issued by Stacks Managed Investments Limited ACN 085 843 125 | AFSL 227673 which is available from this website or our office.