A look into the results of our Pooled Mortgage Fund over the financial year
If you’re reading this then it’s probably a certainty that you have an interest in numbers so we thought we’d give you a breakdown of the Pooled Mortgage Fund over the 2024 financial year. Who doesn’t love a good stat!
Returns over the last 12 months:
9.84% p.a. Closing the final quarter of FY2024 with a 10.21% quarterly return, the average return over the last 12 months increased to 9.84% for our investors. That’s up from an annual return of 7.73% p.a. in FY2023.
Earn Passive Income With Our Pooled Mortgage Fund
Quarterly distributions
Minimum investment from just $10K
No lock-in investment term
Funds Under Management (FUM): $35,004,600.02
At the start of the financial year we set the stretch goal of reaching $35M in FUM and we’re extremely pleased to say we got there, hitting $35,004,600 in June. We’re hoping to go even better in FY2025 with the goal of reaching FUM of $50M. While growth is always good, we are committed to providing the same level of service that we have in previous years.
New Investments: $11M
In FY2024 we brought in $11,104,000 of new investments. This was up from $9.5M in FY2023 which is an increase of 16%.
33% of investments in FY2024 came from new investors and 67% coming from existing investors, which shows that our investors are happy to keep coming back and re-investing with us. It’s really great knowing that we are offering a product and service that encourages investors to stick with us long term and trust us with the hard-earned funds year after year.
Average Investment Amount: $79,179.49
The average investment amount for investors in our Pooled Mortgage Fund amounts to just over $79,000 with the average investment amount for Wholesale investors approximately $108,000r and for Retail investors it’s around $34,000.
During FY2024, 77% of investors were Wholesale investors and 23% were Retail investors.
Looking forward to FY2025
As excited as we are with what we’ve achieved in the last fiscal year, we’re already looking forward to going even further in the next year and delivering more great results. We’d also like to take this opportunity to thank our investors for your support over the last 12 months. We really appreciate the trust you put in us when you choose to invest your hard earned cash in our fund. We hope to continue to deliver the high-quality service you have come to expect from us in FY2025 and for years to come. If there’s anything we can do better please let us know and as always, if you’re happy with our results then don’t keep us a secret!
If you have any questions about investing in private mortgages then please send us a message via our Contact Page.
