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This fund is designed for investors who want relatively consistent income distributions paid on a monthly basis, and capital stability.
It invests primarily in a diversified portfolio of loans secured by registered first mortgages, with some exposure to fixed interest and floating rate securities. The Fund can include fixed and variable rate loans secured by registered first mortgages over income-producing commercial, industrial, retail and/or residential properties, located in the major metropolitan centres in each state of Australia.
The annualized return for the MacarthurCook Mortgage Fund for the month of December 2008 is 5.85% for Ordinary Units and 6.30% for Wholesale Units.
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Click here to review the Mortgage Fund Rate Update December 2008. |
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