Share via

The Fund is a conservative managed fund which seeks to produce income by providing loans to selected borrowers. These loans are secured by registered First Ranking mortgages. Loans are predominantly offered in respect of improved retail, commercial, industrial and residential real estate within Australia.
 
Loans are for a maximum term of five years. However, at the end of the expiry, the loan can be renewed for a further term. Loans will only be advanced up to a maximum of 66.67% of the value of the mortgaged property.
 
The Fund is designed for investors seeking income returns higher than short-term money market rates.

 

Features and benefits of investing in the fund

Capital stability
A rigorous screening process and detailed analysis on every loan.
Strong and consistent returns with low volatility.
Strong credit performance with no arrears or losses recorded since inception.
• Potential return outperformance relative to risk, peers and benchmark.
An indirect exposure to a strong underlying asset class.
An indirect exposure to a strong underlying asset class.
• The asset consultant SQM has awarded the EQT Mortgage Income Fund a “Superior” rating.

Fund Objective The Fund aims to outperform the benchmark over rolling three-year periods, after taking into account fees and expenses.
Benchmark RBA Cash Rate
Fund Inception 1 October 2002
Pricing & Liquidity Daily
Distribution Quarterly 
Management Fee 0.806%
Minimum Investment $5,000
Fund Size 175M
APIR Code ETL0122AU

Meet the Manager

  • Tim Gallagher

    Tim Gallagher
    Head of Mortgages, Asset Management

    Dip. Finance & Mortgage Broking Mngt; Certificate IV in Finance and Mortgage Broking

    Tim is responsible for undertaking all day-to-day mortgage lending operations and portfolio management of the Fund. Tim is a key individual within the business and was appointed as a Responsible Manager under the AFSL of Equity Trustees in 2017 and in December 2021 he was appointed the new role of Head of Mortgages.

    Tim is also an Accredited Finance Broker (Mortgage & Finance Association of Australia – Full Member) and has over 15 years’ experience in the finance industry, specialising in Residential, Commercial and Construction Property Finance, Credit and Lending Analysis and Portfolio Management.

    Prior to joining Equity Trustees, Tim was Senior Relationship Manager at Australian Securities Limited. Tim has also worked for various financial institutions including the Commonwealth Bank of Australia, Bank of Melbourne and RateSetter UK (peer-to-peer lender in the United Kingdom).

    Joined Equity Trustees: 2015