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Product Profile & Performance

The primary objective of the Balmain (MMT) Mortgage Trust is to generate consistent and competitive income through traditional mortgage investments.

Overview

The Balmain (MMT) Mortgage Trust is an unlisted Australian unit trust which is a managed investment scheme. It has been designed to provide returns greater than cash as well as a high level of security. The Trust will lend money to business and investment borrowers who will offer real property (i.e. residential, commercial, industrial, retail and vacant land) as first mortgage security. The Trust will provide a regular monthly income stream and offer flexible choices for investment and distributions. It will invest mainly in a portfolio of registered first mortgages over a diversified selection of properties in Australian capital cities and regional centres. It will also hold some cash.

Key Features

• Two Investment choices - Up to 36 month term or up to 18 month term
• Minimum investment $1,000
• No Entry fee
• Monthly distributions
• Fax redemption (electronic transfers only)
• Adviser authority for client withdrawls
• Investments over $250,000 attract a reduced management fee and therefore a higher rate of return
• For 36 month term, 10% redemption available
  annually (non-cumulative)

Fees

All fees are quoted inclusive of GST.

Ongoing fees and expenses – for investments up to $250,000 - 1.5% p.a. and for investments of $250,000 or more - 1.0% p.a.

How to invest

Balmain (MMT) Mortgage Trust

Applications for the Balmain (MMT) Mortgage Trust must be made on the Application Form that accompanies the Product Disclosure Statement.

Balmain (MWMT) Mortgage Trust

Investors who wish to subscribe to units via Investor Directed Portfolio Service (IDPS) should speak to their financial adviser or IDPS operator.

Click here to download the Product Disclosure Statement.

For monthly information on Trust Performance click here to download your regular monthly Product Profile - pdf (68kb).

Disclaimer

Any statements contained here are general only and do not take into account your needs, objectives, financial circumstances, or investment preferences and are not intended to constitute advice. Please read the Balmain (MMT) Mortgage Trust Product Disclosure Statement dated 12 November 2009 and the Supplementary Product Disclosure Statement dated 9 March 2010 carefully and in their entirety, and consider if this investment is appropriate in light of your objectives, financial circumstances and needs. Where appropriate, you should obtain independent advice, particularly about such individual matters as taxation, retirement planning and investment risk tolerance. Balmain Fund Administration Limited ABN 98 134 526 604, AFSL 333 213 is the issuer of units in the Trust.