The OAM Select 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 3-5% per annum after fees and expenses, on a rolling 12-month basis. The Fund will issue multiple unit classes with differing terms/length of investment. Minimum investment term will be 3-months whilst maximum will be 18-month term.
The Fund will lend to investors and developers of residential, commercial, retail and industrial real estate across Australia. The terms of each Loan, including the interest rate charged, will vary depending upon the risk and the level of security held by the Fund. Loans will be for the purposes of purchase, refinance or development and will be secured by first registered mortgages. Loans may be made for passive investments in completed assets or for construction and development purposes, including during 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 appointed Oreana Asset Management, a division of Oreana Financial Services Limited (CR No. 0766472) (OAM or Investment Manager) as the Investment Manager to manage the Fund’s investments. OAM is incorporated in Hong Kong and has been appointed as a corporate authorised representative (Authorised Representative Number: 001285005) of Oreana Financial Services Pty Ltd ABN 91 607 515 122, AFSL 482234.
OAM 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. Luke Moore, the CEO of Oreana has extensive investment management experience having held senior roles within a number of top tier asset management firms across Australia and Asia. Luke is a founding member of Oreana, and since 2016 has overseen the development of Oreana’s Asset Management capabilities.
You can download a copy of the Product Disclosure Statement (along with the Application Form) from this page.
Should you have any queries, please contact us on firstname.lastname@example.org or call us on (02) 8277 0000.