Econ Income Fund Series 2
Fund Closed
Investment Strategy
Fund Details
| Features | Funds Details |
|---|---|
| Fund Objective | The fund aims to provide investors with a regular and stable monthly income secured by first registered mortgages over Real Australian Property. |
| Fund Strategy | Invest in a portfolio of loans secured by first registered mortgages |
| Fund Name | Econ Income Fund Series 2 (ABN 18 318 302 210) |
| Type of Fund | Unregistered wholesale unit trust |
| Trustee & Manager | Econ Funds Management Pty Ltd (AFSL 517694) |
| Target Return | RBA + 5.50% (net of management fees) |
| Distribution Frequency | Monthly |
| Performance Fee | NIL |
| Entry & Exit Fee | NIL |
| Term | Term Up to 24 months from closing date |
| Minimum Investment | $100,000 |
| Investor Type | Strictly limited to wholesale investors |
Econ Income Fund Series 2 Performance Summary
| Inception Date | 1 May 2021 |
| Investment Status | Closed |
| Expiry Date | 31 March 2023 |
| Lending Activity Summary | Since Inception |
| Total Loans Funded | 20 |
| Total Loan Value | $25,190,250 |
| Fund Performance Summary | Since Inception |
| **Lifetime Rate of Return | 5.87% |
* Since inception to 28 February 2023
