MacarthurCook has been one of Australia's leading independent specialist commercial mortgage fund managers since 2003. It has built a reputation as a well respected and capable manager of traditional commercial mortgage funds.
The Fund invests in first registered commercial mortgages which are secured by a diversified portfolio of quality income producing retail, commercial, industrial and residential properties and short-term investments.
The Fund aims to provide a regular monthly income and a high level of capital stability.
Investment Approach
The investment approach is to invest primarily in a diversified portfolio of loans in Australia, secured by registered first mortgages with some exposure to fixed interest and floating rate securities including mortgage backed securities, bills of exchange and negotiable instruments with a maturity of less than 185 days and deposits with banks and other financial institutions.
Our loan selection criteria is based on risk management and credit assessment guidelines. The mortgage portfolio is diversified across a number of areas and aims to achieve diversification both geographic and by property type. Loans will only be advanced against income producing commercial, retail, industrial and residential properties to a maximum loan to value ratio of 66% of a valuation amount from an approved independent licensed valuer. The Fund invests in properties located within most capital cities and specific major regional centres of Australia.
MacarthurCook undertakes a comprehensive assessment of a borrower's financial capacity to meet its loan obligations, as well as a detailed analysis of the value of the property, which is the underlying security.