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  5. AVARI 1st Mortgage Real Estate Fund - Managed fund profile

AVARI 1st Mortgage Real Estate Fund - Managed Fund

Fund Objective
The Fund will primarily invest in loans secured by Australian real property either directly (for example, by the Trustee lending directly to the borrower) or indirectly.
Fund Strategy
The Fund will target a return to investors of 9.00% per annum net of fees.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.82% 2.56% 5.1% 10.83% 10.99% 10.68% -% -%
Growth return 0% 0% 0% 0% 0% 0% -% -%
Income return 0.82% 2.56% 5.1% 10.83% 10.99% 10.68% -% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.36% 1.08% 2.16% 4.34% 4.13% 3.2% -% -%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
40.25%
Australian Equities
0.05%
International Equities
13.50%
Cash
37.88%
Fixed Interest
8.32%

General Information

Fund Details
Type Description
AVARI 1st Mortgage Real Estate Fund
AVA5801AU
Alternative - Private Debt
Not Rated
Unknown
1 May 2021
n/a
$1 (as at 31 Jan 2025)
$1 (as at 31 Jan 2025)
Open
Offer information
Type Description
MER 0.50% (as at 1 Apr 2024)
Indirect Cost Ratio (ICR) - Estimated 0.50% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $1.00
Minimum additional investments $1.00

Top 10 holdings (as at 31 Jan 2025)

Holding (as at 31 Jan 2025) Type % of Portfolio
Box Hill Nsw 1st Mortgage Land- Residential 63.63% Lvr Bond - Bank Loans 10.09%
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FAQs about the AVARI 1st Mortgage Real Estate Fund

The objective of the AVARI 1st Mortgage Real Estate Fund managed fund is The Fund will primarily invest in loans secured by Australian real property either directly (for example, by the Trustee lending directly to the borrower) or indirectly.

The strategy of the AVARI 1st Mortgage Real Estate Fund managed fund is The Fund will target a return to investors of 9.00% per annum net of fees.

The APIR code of the AVARI 1st Mortgage Real Estate Fund managed fund is AVA5801AU.

AVARI 1st Mortgage Real Estate Fund’s total return last month was 0.82%. This was made up of a growth return of 0% and an income return of 0.82%. These returns were calculated as at 31 Jan 2025.

AVARI 1st Mortgage Real Estate Fund’s total return for the last three months was 2.56%. This was made up of a growth return of 0% and an income return of 2.56%%. These returns were calculated as at 31 Jan 2025.

AVARI 1st Mortgage Real Estate Fund’s one-year total return is 10.83%. This was made up of a growth return of 0% and an income return of 10.83%. These returns were calculated as at 31 Jan 2025.

AVARI 1st Mortgage Real Estate Fund’s one-year total return is 10.68%. This was made up of a growth return of 0% and an income return of 10.68%. These returns were calculated as at 31 Jan 2025.

The asset allocation of the AVARI 1st Mortgage Real Estate Fund managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%

The AVARI 1st Mortgage Real Estate Fund managed fund belongs to the Alternative - Private Debt sector/asset class.

As at , the size of the AVARI 1st Mortgage Real Estate Fund managed fund was $ million.

The AVARI 1st Mortgage Real Estate Fund managed fund has an inception date of 1 May 2021.

The current entry price of the AVARI 1st Mortgage Real Estate Fund managed fund is $1 per unit and the current exit price is $1 per unit (as at 31 Jan 2025).

The current exit price of the AVARI 1st Mortgage Real Estate Fund managed fund is $1 per unit and the current entry price is $1 per unit (as at 31 Jan 2025).

The minimum initial investment amount for the AVARI 1st Mortgage Real Estate Fund managed fund is $1. Minimum additional investment is $1.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.