How The Fund Works

Registering in the Fund is easy. Simply complete the Registration Form attached to the Product Disclosure Statement (PDS Issue Date 30 June 2018) and provide identification in accordance with the Identification Guidelines. You may then wish to contact the Manager to arrange for the deposit of your funds.

Your investment amount is initially deposited in our Application Trust Account with a major Australian bank or building society. As this account does not earn interest, we will invest your moneys in an interest bearing account with a major Australian bank or building society on your behalf. This investment is held in the name of Assured Management Limited ATF "you". We cannot redeem your funds from the application trust account until they are cleared.

At this stage you may elect to sign a General Authority, which will give the manager the authority to choose what Mortgage you will be invested into. This will mean that you no longer have to sign off on every Mortgage summary that you receive.

As a registered Investor in the Fund you will receive a Mortgage Summary detailing approved Mortgages including information in relation to:-

• the borrower offering the mortgage, including their creditworthiness;
• the mortgage itself and the rights that go with it;
• collateral securities, e.g. guarantees;
• the property that is to be mortgaged, how it has been valued and by whom, and what is its value;
• the loan to valuation ratio;
• any other encumbrance to which the property may be subject;
• the interest the borrower will pay;
• application fees payable by the borrower;
• the interest that you will receive;
• the term of the loan and the arrangements for repayment.

You may contribute your investment amount to any or all of the Mortgages offered by the Manager at the time of your registration.

If you have elected for a General Authority you will still be sent out a mortgage summary for your new mortgage investment, if you are not happy with this particular mortgage investment, then you will have 14 days in which to contact Assured Management and your monies will be replaced within a 30 day period.