To provide Investors with regular income; and protect the investment capital of Investors. To achieve these investment objectives, the Manager has established finance facility limits. These limits are monitored and reviewed by the Directors on an ongoing basis to help manage the risk profile of the Fund. The maximum loan to value ratios for each property type, and in respect of facilities provided to vehicles holding pools of existing mortgages. The fundamental investment strategy of the Fund is to offer sensible, risk managed, finance facilities which are usually secured by way of first mortgage against real property located in the major capital cities of Australia.
MCCA Income
Latest Price NAV
USD
0.65
as of
31/Aug/23
Objective
Key Facts
Launch Date :
8/Oct/09
Asset Type :
BondBase Currency :
Australian DollarBenchmark :
Bloomberg AusBond Bank Bill
Dividend Type :
N.A
Income Distribution :
Interest
Total Expense Ratio % :
1.75
Geographical Focus :
Australia
Shariah Compliant
Shariah
ESG
Yes
Performance
3 Yrs Performance
0.11
5 Yrs Performance
2.35
10 Yrs Performance
0.97
Top Holdings
Portfolio Composition
1.
New South Wales
54.2
%
2.
Victoria
43.4
%
3.
Washington
1.4
%
4.
Queensland
1
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
2.75
Actual Charge :
2.25
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
MCCA Asset Mgt Limited
Website :
www.mcca.com.au