Focusing on Australia’s underserved ‘missing middle’.
Target lower risk build types
Up to 20% allocation to Aura credit funds
Secured, short-duration credit
Castle Hill, NSW:
South Nowra, NSW:
Central Coast, NSW:
Wholesale clients as defined by the Corporations Act who have an accountant’s certificate confirming a gross income of over $250,000 p.a. in each of the previous two years and or net assets of at least $2.5 million. Alternatively, you may qualify without an accountant’s certificate if you invest $500,000 or more. Available to wholesale, sophisticated and institutional investors only.
The MM Real Estate Credit Fund is an open-ended fund that aims to provide monthly distributions with a target return of RBA Cash Rate + 5% p.a. net of fees and expenses.
Aura Group Funds have a minimum investment of A$500,000, however, investments of $50,000 and above will be considered with an Accounant’s Certificate evidencing Wholesale Client status. After the Fund’s first anniversary, we expect to make redemptions available on a monthly basis (subject to available liquidity).
The Fund has a management fee of 1% p.a. (excluding GST). Fund expenses are capped at 0.50% p.a.