Why invest your hard-earned money with First Mortgage Trust?
It’s a smart investment……
• Security – your money is in experienced hands
Due to our conservative approach no-one has ever lost money on an investment with us. We only lend funds on first mortgages over land and buildings – in the event of a borrower defaulting on their loan repayments we can exercise the right to sell the property. We have low loan-to-valuation ratios, our investment fund is pooled, and the security properties supporting our loan advances are diverse to ensure any risk to our investors is minimised. Click here to read more about security.
• Earn a regular and competitive income
Every quarter we distribute interest returns to our investors. You can choose to have your interest deposited into your bank account, or reinvested in units in the fund. We traditionally provide higher returns than the trading banks. Click here to see the interest returns our investors have enjoyed.
• We’re flexible
You can choose to invest a lump sum or make investments of various amounts any time that suits you. Your money is not invested for any fixed term although we encourage investors to allow their investment to grow over a medium to long term. Our Trust Deed and Investment Statement allow us up to 90 business days to repay withdrawal requests and this provision may be utilised if it is considered in the interests of all investors in the fund.
Click here to read frequently asked questions about investing with us.
• No ‘up front’ fees
Our present policy is no ‘up front’ or entry fees regardless of whether you deposit lump sums or smaller regular savings contributions. (Our Trust Deed and Investment Statement do permit us to charge these fees, but we have never done so). All management fees, trustee fees and other costs are deducted prior to declaring the rate of our quarterly return.
• We provide specialised, independent management
The Trust’s relatively conservative first mortgage investments are professionally managed by a team with both legal skills and substantial, specialised experience in the field of mortgage lending. Click here to read more about us.
• Marginal tax rates and PIE tax options
First Mortgage Trust (as a group investment fund) deducts withholding tax from Income at the investor’s marginal tax rate. For a large proportion of our investors this is 19.5%. There is also an option to invest under the PIE regime which caps tax paid on investments by individuals at 30%. This allows investors investors in the 38% tax band to save tax of 9 cents in each dollar of income from their investment compared with a direct investment in First Mortgage Trust.
How To Invest Security Interest Returns Invested Funds FAQs
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15 First Avenue
PO Box 13083
Tauranga
New Zealand Ph. 07 578 0754 or 0800 321 113