Tracking PMAC Trust’s performance in 2024
2024 is about to come to a close and it’s time to look back at how our Pooled Mortgage Fund, PMAC Trust, has performed throughout the year. We on the team at APG are delighted with how the year has gone, and we hope our investors feel the same way too.
ROI for 2024: 9.87% p.a.
While we haven’t finalised the return for the December quarter, if we look at the results over the last 4 quarters (December 2023 – September 2024) the Pooled Mortgage Fund averaged a return of 9.87%. In contrast, the average annual return in FY2023 was 7.73% so we’re very pleased that we’ve been able to deliver stronger returns for our investors over the last 12 months.
Earn Passive Income With Our Pooled Mortgage Fund
Quarterly distributions
Minimum investment from just $10K
No lock-in investment term
$39M in Funds Under Management (FUM)
During 2024, we’ve brought in just under $11.4M of new investments to grow our total FUM to $39.2M, well on our way to achieving our goal of $50M FUM in 2025
Satisfying both long-time investors and newcomers
In 2023 existing investors made up nearly 90% of the funds raised, however this year we’ve seen an increase in the number of new investors with nearly 30% of funds coming from first-time investors. We do have to say a big thank you to our investors for spreading the word about investing with us because over 35% of our investors were introduced through word-of-mouth.
Retail investors join the ranks
Retail investors now make up 25% of the fund (up from 17% in 2023) which we’re extremely proud of as we have always wanted to make our investments accessible to everyone. While the average investment amount for Retail investors has reduced slightly ($34K to $32K) we have seen an increase in the average amount invested by Wholesale investors ($132K to $144K). Overall, 2024 has been an excellent year, thanks in large part to the trust and support of our investors. We are deeply grateful for the confidence you’ve placed in us, which drives us to work even harder to deliver strong returns in FY2025.
We’d like to take this opportunity to wish you and your families a very merry Christmas and we look forward to working with you again in 2025.
If you have any questions about private mortgage investments, feel free to reach out via email at [email protected] or call us at 1300 427 715.
Please note that the information here is of general nature and does not replace financial advice. Always consult a professional regarding your specific circumstances. Past performance is not a guarantee of future results, and investing carries the risk of losing some or all of your capital.
If you have any questions about investing in private mortgages then please send us a message via our Contact Page.
