360 Capital Residual Stock Fund

6.00%* p.a.

Target Return

Monthly Distributions

 

$50M

Target capital raise

Fund overview.

360 Capital Group (ASX:TGP) has recently launched the 360 Capital Residual Stock Fund (360RSF), an unlisted, closed ended 3-year mortgage fund open to retail and wholesale investors. 360RSF is targeting a 6.00%* p.a. distribution paid monthly.

What we invest in.

Current market conditions have created an opportunity to provide registered first mortgage financing to completed residential apartment and townhouse stock at conservative Loan to Value (“LTV”) ratios and superior risk adjusted returns.

The benefits.

As an asset class Commercial Real Estate Debt (CRED) offers investors monthly recurring income in the form of interest payments and as CRED is secured via a mortgage on the real estate asset, the debt must be repaid in full before any return is made to the equity holder(s) and as an unlisted fund with a fixed term, you are not subject to unit price volatility.

*The Target Return is a target only and may not be achieved. Future returns are not guaranteed and a loss of principal may occur.

This material has been prepared by 360 Capital FM Limited (ACN 090 664 396, AFSL 221474) (‘Responsible Entity’) as the responsible entity for 360 Capital Residual Stock Fund (ARSN 645 169 157)(the ‘Fund’) and the issuer of units in the Fund. A product disclosure statement in respect of offer of units in the Fund is expected to be available on or around 30.10.2020 and can be obtained by calling 360 Capital Information Line on 1300 082 130 (within Australia) or +61 2 8016 2884 (from outside Australia) between the hours of 8.30am and 5.30pm Monday to Friday AEST (excluding public holidays) or on www.360capital.com.au. The product disclosure statement in respect of the Fund should be considered in deciding whether to acquire or continue to hold units in the Fund. This material is a summary and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. A reader should, before making any decisions in relation to their investment or potential investment in the Fund, seek their own professional advice. This document is not an offer or invitation for subscription or purchase of securities or other financial products. Indications of, and guidance on, future earnings and financial position and performance are “forward-looking statements”. Due care and attention has been used in the preparation of any forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Responsible Entity, that may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. Except as required by law, the Responsible Entity does not undertake any obligation to publicly update or review any forward – looking statements, whether as a result of new information or future events. This information has been made available to the recipient for information purposes only. It is not intended to be, and does not constitute a product disclosure statement, prospectus, short form prospectus or profile statement as those terms are defined in the Corporations Act 2001 (Cth). It does not constitute an offer for the issue, sale or purchase of any securities, or any recommendation in relation to investing in any asset.

 

Meet the Managers

James_1

James Storey

Head of Real Assets

JamesQ_1

James Quigley

Fund Manager

360 Capital Residual Stock Fund documents

Investment Flyer

Understanding Real Estate Debt :Residual Stock

Presentation

RG45 Disclosure Statement