The Mortgage Fund

Stacks Managed Investments Limited (ACN 085 843 125) (SMI) trading under the name of ‘Stacks Finance’ is the Responsible Entity for The Mortgage Fund (Fund).

SMI as the Responsible Entity for the Fund, issues units in the Fund and holds an Australian Financial Services Licence (AFSL) number 227673 issued by the Australian Securities and Investments Commission (ASIC).

As Responsible Entity of the Fund, SMI invests the Fund's money on behalf of Members, primarily through loans to borrowers approved by SMI, repayment of which is secured by mortgages over property. To a lesser extent, SMI uses the Fund's money to invest in other Authorised Investments, including interest bearing deposits.

In general terms, SMI collects the income earned on the loans (in the form of interest) and other Authorised Investments and distributes that income (net of expenses, provisions and reserves) to Members of the Fund in proportion to the number of units that each Member holds in the Fund.

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.