Head of Property Finance, PartnerRead More
The Barwon First Mortgage Fund is an open-ended fund for wholesale investors. The Fund earns returns from debt facilities provided to Australian real estate secured with a registered first-ranking mortgage. The target returns are 8-9% p.a. net of fees and costs.
The Fund provides exposure to a portfolio of debt facilities spanning a variety of sectors and locations throughout Australia. In addition, the debt facilities are provided across a range of stages within a property’s lifecycle – from early stage site acquisition, through to completed residual stock and bridging facilities for existing commercial properties.
The property debt sector has seen significant growth in recent years and has provided stable risk-adjusted returns relative to other property sectors. Barwon’s focus on providing debt facilities to experienced property owners and developers enhances the low-risk profile of the investments.
The majority of loans are secured over existing commercial property, as existing commercial property, not construction loans.
As at 31-Mar-23
|Fund Name||Unit Price||3 Months||6 months||12 Months||ITD p.a.||Fund Inception|
|Fund Investments Only||1.93%||3.83%||7.53%||9.00%|
|Whole of Fund||$1.0594||1.90%||3.79%||7.34%||8.41%||17-Aug-20|
The performance figures are net of taxes, fees and expenses and assuming distributions are reinvested.