Fund Overview
IJ Lending Fund No.1
This fund is only offered to wholesale investors
The Fund is an unlisted managed investment scheme offering you the opportunity to gain direct exposure to specific loans secured by mortgages over real property assets. From time to time, the Trustee will provide you with the opportunity to invest in Approved Investment Proposal(s) (AIP).
The details of each AIP will be outlined in a Supplementary Information Memorandum (SIM).
Fund benefits
Customising your portfolio
This type of fund allows individual investors to create their own portfolio of AIPs by investing in multiple Sub-Schemes. By selecting a combination of Sub-Schemes that align with their risk tolerance and return goals, investors can effectively manage their exposure and tailor their investments to meet their specific financial objectives.
Rigorous loan assessment process
The Trustee follows a structured and rigorous loan assessment process, overseen by the Trustee’s Board, aiming to safe and reliable investment opportunities. The finance team conducts an initial evaluation of each loan, considering factors such as the Borrower’s ability to repay, security availability, LVR, and credit checks. This comprehensive approach ensures that all financing opportunities are consistently assessed for quality and safety before being approved by the Trustee’s Board.
Risk mitigation and monitoring
To manage the risk of loss, the Trustee evaluates all funding opportunities before they become AIPs offered to members. Additionally, all AIPs are regularly monitored throughout their life to provide ongoing oversight and aim to lessen the potential for income or capital loss.
Fund facts
| Product status | Open |
| Investor | Only open for wholesale investors and Sophisticated Investors as defined under the Corporations Act. |
| Trustee | Investup Securities Pty Ltd ACN 670 384 924 AFSL No: 557683 |
| Investment manager | IJ Funds Management Pty Ltd ACN 632 345 905 Authorised Representative No: 001276584 |
| Investment term | Each AIP (Approved Investment Proposal) will have its own specific investment term. The investment term will be clearly detailed in the relevant SIM. |
| Distribution frequency | Monthly |
| Targeted distribution rate | The targeted distribution rate* will vary depending on the type of loan. Normally distributions will be paid within 10 business days after the end of the month. |
| Unit price | $1.00 per Unit |
| Withdrawals | The Fund operates as a non-liquid fund. Withdrawals from an AIP (Loan) before the term expiry are not permitted. Withdrawals may be allowed subject to the approval of the Trustee. See the Information Memorandum for more info. |
| Minimum investment | $500,000.00 for initial investment. Lessor amounts will be accepted into individual AIP’s. |
| LVR | The LVR (Loan-to-Value Ratio) will vary depending on the type of loan. The SIM for the specific AIP will clearly detail what the LVR is for the investment. |
| Fee & charges | Refer to Information Memorandum. |
* Returns and distributions are variable and not guaranteed. Investors should review associated risks and terms. The fund carries risks, including potential loss of capital and liquidity constraints. Please read the disclosure documents and consider associated risks and terms.
Risks
Like any investment of this type, there are risks associated with an investment in the Fund. The trustee and the manager does not guarantee your funds or the interest payment by the borrower. Before making an investment, you should read the IM and other information in full to understand these risks.
The information in the relevant Information Memorandum (each a “IM”) is general information only and does not take into account your investment objectives, financial situation or needs. The information in a IM is not, and is not intended to be, personal advice. You should consider whether an investment in a Class is appropriate for you in light of your personal circumstances. You should obtain independent professional financial, legal and tax advice before making a decision whether to invest in a Class.
How to invest
Select an investment that fits your portfolio from our range of single asset opportunities and funds, then declare that you’ve read the Information Memorandum (IM) and confirm your status as a Wholesale investor. Submit your application electronically or by hand using the formal Application Form and complete the AML/CTF verification. Finally, receive regular distributions on your investments and manage your portfolio.
This webpage and the information are for general information only and do not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. You should consider, with your professional adviser, whether the information is suitable for your circumstances. The Fund is offered to investors in Australia. Before deciding to acquire or continue to hold an investment in the Fund, please ensure you read all supporting Information that clearly outlines all the risks associated with our Investment Trust. Past investment performance is not a reliable indicator of future investment performance and that no guarantee of performance, the return of capital or a particular rate of return is provided. And if you’re still not sure, please call us, we’d be happy to discuss any concerns you have. We also recommend you seek personal advice from a licensed qualified financial planner if you are still not sure.