INVESTING OFFSHORE

OUR PREFERRED FUNDS

For income;

For alternate investments;

For something completely different;

For volatility with an upwards trend:

 

RATES


OFFSHORE FUNDS GROUP

LM Australian Income Fund

LM Australian Income Fund

The LM Australian Income Fund – Currency Protected (AIFCP) is a conservative income fund offering that takes advantage of prime lending opportunities across Australia 's diversified geographic and property types/sectors.

Fund objectives are:-

  • Provide passive income for investor Allow for investment by both individual investors investing directly in the fund and investment through operators of global platforms, global portfolio bonds, master trusts and wrap accounts;

  • Provide choice of investment terms*; and

  • Provide choice of currencies with non-Australian dollar currencies hedged against movements in the Australian dollar.

Key Features of the Fund

Minimum investment amount AUD$1,000 or relevant currency equivalent
Currencies available Investment may be arranged for most currencies. For clarification on hedging a specific currency, please contact LM.
USD, GBP, EUR, SGD, JPY, CAD, NZD, HKD, CHF, THB, AED, TRY.
An investment in AUD is not hedged.
Who can invest Personal investors: Individual/joint investors, sole traders, company investors, self managed superannuation fund/trust investors or partnership investors by direct investment.
Global platform / portfolio bond investors: Operators of global platforms, global portfolio bonds, master trusts and wrap accounts.
Investment terms Personal investors: 12, 24 and 36 month fixed investment terms.*
Global platform / portfolio bond investors: Rolled up unit price with daily trading.
Distribution frequency Personal Investors: Automatically reinvested monthly/quarterly/annually dependent on investment term chosen. Optional monthly, quarterly or annual payments. Non-AUD fixed term investors can elect to have distributions paid monthly or quarterly, in which case distribution only will not be hedged.
Global Platform/Portfolio Bond Investors: Automatically reinvested and reflected in the daily unit price. Optional monthly or quarterly payments.
Minimum withdrawal AUD$1,000 or relevant currency equivalent.
Withdrawal notice At least 10 Gold Coast business days prior maturity of the investment term.
Minimum balance AUD$1,000 or relevant currency equivalent.
Entry/exit fees Nil

Fund Assets

The AIFCP comprises:-

  • A diversified portfolio of Australian registered first mortgages over commercial, residential, industrial, retail and vacant land; and

  • Interest bearing cash investments.

Fund Objective

To outperform cash rates on a range of different currencies by providing a competitive return that is hedged in the relevant currency against Australian dollar currency movements.**

Investment returns

Australian income fund rates
  1Y 2Y 3Y 4Y 5Y
AUD 7.50% 8.00% 8.50% 8.75% 9.00%
USD 3.25% 3.50% 3.75% 4.00% 4.25%
GBP 5.00% 5.25% 5.50% 5.75% 6.00%
EUR 5.00% 5.25% 5.50% 5.75% 6.00%
SGD 3.00% 3.25% 3.50% 3.75% 4.00%
JPY 2.50% 2.75% 3.00% 3.25% 3.50%
CAD 3.50% 3.75% 4.00% 4.25% 4.50%
NZD 5.50% 5.75% 6.00% 6.25% 6.50%
HKD 3.00% 3.25% 3.50% 3.75% 4.00%
CHF 2.75% 3.00% 3.25% 3.50% 3.75%
THB 5.00% 5.25% 5.50% 5.75% 6.00%
AED 4.00% 4.50% 5.00% 5.25% 5.50%
SEK 4.50% 4.75% 5.00% 5.25% 5.50%
DKK 4.00% 4.25% 4.50% 4.75% 5.00%
NOK 5.00% 5.25% 5.50% 5.75% 6.00%
TRY 10.25% 10.50% 10.75% 11.00% 11.25%
ZAR 9.00% 9.50% 10.00% 10.25% 10.50%

Distributions

The fund offers a choice of Australian dollar and non-Australian dollar currency hedged fixed term investment options.* Currency hedged investments use forward foreign exchange contracts.

Personal Investors: The interest distribution is automatically reinvested unless the investor elects to have distributions paid directly to their nominated bank account. If a non-AUD 12, 24 or 36 month term investor elects to have distributions paid monthly or quarterly the distribution will not be hedged.

Global Platform/Portfolio Bond Investors: The interest distributions are calculated daily and reflected in the daily unit price for the investment. Dependent on the specific bond ruling, investors may elect to have the number of units equal to the interest distribution paid monthly or quarterly into their nominated bank account.

Automatic Rollover

If no maturity instructions are provided at the time of investment or at least 10 Gold Coast business days prior to investment maturity, the following will apply:-

Personal Investors: At the end of the first term, the original investment and interest distribution (unless distributions are paid into the investor's bank account) are automatically reinvested in the original nominated currency for further 1 month terms until written instructions to either reinvest for longer terms, or to redeem the investment are received (at least 10 Gold Coast business days prior to maturity).

Global Platform/Portfolio Bond Investors: At the end of the first term, the original investment and interest distribution (unless distributions are paid into the investor's bank account) is automatically reinvested in the original nominated currency for further 1 month terms until written instructions to either reinvest for longer terms, or to redeem the investment are received (at least 10 Gold Coast business days prior to the last business day of the month).


E-mail us now to get prospectus and fact sheet for this fund

------------------------------------------------------ -----------------------------------------------------------------------------