The Oreana Real Income Fund (the Fund) was established to provide investors with exposure to a diversified portfolio of loans secured by first ranking mortgages or second ranking mortgages and first loss guarantees over real property with the aim of providing a monthly income stream to its investors.
The Fund aims to exceed the RBA Cash Rate by 3% per annum (after fees and expenses), on a rolling 12-month basis.
The Fund will make Loans to investors in, and developers of, residential, commercial, retail and industrial real estate across Australia.
The Loans provided by the Fund will be secured by either:
- first ranking registered mortgages and in certain circumstances Guarantees; or
- second ranking unregistered mortgages and Guarantees,
over real property including vacant land, residential, commercial, retail and industrial properties (Security Property). Loans may be made for Borrowers to make passive investments incompleted assets or for construction and development purposes including during the acquisition, pre-development and construction phases.
One Managed Investment Funds Limited ACN 117 400 987 is the responsible entity of the Fund. The Responsible Entity holds AFS Licence no. 297042.
The Responsible Entity has engaged Oreana Investments Pty Ltd (OI or Investment Manager) as the investment manager to manage the Fund’s investments. OI has been appointed as a corporate authorised representative (Authorised Representative Number: 001311648) of Oreana Financial Services Pty Ltd ABN 91 607 515 122, AFSL 482234. OI is guided by its market leading research capability and extensive market experience to provide investors with access to specialist investment opportunities and aims to build their wealth for the long term.
You can download a copy of the Product Disclosure Statement and Target Market Determination (along with the Application Form) from this page.
Should you have any queries, please contact us on oreana@oneinvestment.com.au or call us on (02) 8277 0000.