First Mortgage Trust - Secured Investments and loans with smart finance options - Services

By: First Mortgage Trust  06-Dec-2011
Keywords: Investment

Why invest your hard-earned money with First Mortgage Trust? It’s a smart investment…… •    Security – your money is in experienced hands
•    Earn a regular and competitive income
•    We’re flexible
You can choose to invest a lump sum or make investments of various amounts any time that suits you. Your money is not invested for any fixed term although we encourage investors to allow their investment to grow over a medium to long term.  Our Trust Deed and Investment Statement allow us up to 90 business days to repay withdrawal requests and this provision may be utilised if it is considered in the interests of all investors in the fund.

•    No ‘up front’ fees
Our present policy is no ‘up front’ or entry fees regardless of whether you deposit lump sums or smaller regular savings contributions. (Our Trust Deed and Investment Statement do permit us to charge these fees, but we have never done so). All management fees, trustee fees and other costs are deducted prior to declaring the rate of our quarterly return. •    We provide specialised, independent management

•    Marginal tax rates and PIE tax options
First Mortgage Trust (as a group investment fund) deducts withholding tax from Income at the investor’s marginal tax rate. For a large proportion of our investors this is 17.5%. There is also an option to invest under the PIE regime which caps tax paid on investments by individuals at 28%. This allows investors investors in the 33% tax band to save tax of 5 cents in each dollar of income from their investment compared with a direct investment in First Mortgage Trust.                         

Keywords: Investment