The Fund offers investors access to first mortgage investments secured against non-specialised properties. As an indication, based on current interest rates, investors could expect returns of 8.5% to 9.5% depending on the mortgage they invest in. 

Returns can be fixed or variable with the latter tied to movements in interest rates generally, thereby ensuring investors always receive the level of return currently applicable to investments of that type.

Other benefits of the Fund include:

	Investments accepted from as little as $10,000
	Early redemption of investments is available where a replacement investor can be identified
	Monthly interest commencing from the day funds are received
	No specialised securities or loans for property construction or development
	Loans do not normally exceed 65% to 70% of the security property's value.

Neither Australian Finance & Leasing Ltd or AF&L Direct Mortgage Fund lend for, or directly invest in, commercial property development

Investments can only be made on the application form included in our current Product Disclosure Statement.
You can download a copy, or call our office on 1300 661 212 to request that a copy be posted to you.

The information contained in this document is not financial advice and intending investors should read the Product Disclosure Statement (Parts A & B) carefully before deciding to acquire or retain and investment, and if in doubt consult their financial adviser. An investment in the AF&L Direct Mortgage Fund should not be considered as being comparable with a bank deposit. AF&L does not guarantee investors capital and the return to investors is dependent on the capacity of the loan borrower to make loan repayments. Each mortgage is different and investors will receive a disclosure statement detailing the particulars of the mortgage they are seeking to invest in.