Oz Direct Mortgage Fund

Overview

Oz Direct Mortgage Fund is an Australian financial services company that specializes in providing exclusive mortgage investments to wholesale investors. The company sources borrowers with suitable lending proposals for business and commercial purposes, raising the required loan funding exclusively from wholesale investors. Investors become members of the fund after reviewing the Information Memorandum and completing the Registration Form. Once a suitable mortgage investment opportunity is sourced, assessed, and approved in accordance with Oz Direct's Credit Policy, registered wholesale investors are provided with detailed information outlining the specifics of the mortgage investment. The interest rate for each mortgage investment may vary depending on factors such as overall risk assessment, Loan to Value Ratio (LVR), track record, project feasibility, term of the loan, and various economic and market conditions. Each mortgage investment is structured as a sub-scheme, allowing investors to acquire units in the relevant sub-scheme they wish to invest in, proportionate to the dollar value invested. Unlike pooled mortgage funds, investors have the flexibility to choose which mortgage they wish to invest in. Oz Direct Mortgages Pty Ltd serves as the trustee of Oz Direct Mortgage Fund and holds an Australian Financial Services Licence (AFSL No: 518762). In its capacity as Mortgage Manager, the company manages the loan from inception until repayment on behalf of the investor or syndicate of investors in each relevant sub-scheme. The team is led by CEO & Managing Director Brad White, who has a background in commercial and corporate banking with BankSA, and has experience managing a contributory mortgage fund. The company also works with consultant and external credit committee member Phil White, who has 43 years of experience in banking, finance, and credit, including serving as Chief Manager of Corporate Banking at BankSA. Oz Direct offers mortgage investment opportunities exclusively to wholesale investors, including Self Managed Super Funds (SMSFs), companies, trusts, and individuals. To qualify as a wholesale investor, one of the following criteria must be met: invest $500,000 or more for the first mortgage investment in the fund, or provide an acceptable qualified accountant’s certificate confirming net assets of $2.50 million or more, or a gross income of $250,000 or more for the last two financial years. All loan applications are assessed on a case-by-case basis, and the company prides itself on providing a good customer experience with borrowers, working with clients to understand their circumstances, business, project, and security position to tailor a suitable financial solution. Investment terms typically range between 4 and 12 months, and all security properties are located within Australia. Investors are registered directly as mortgagee on title, and loans are secured by first ranking mortgage security. The company emphasizes the importance of integrity and professionalism in managing investor funds and understands credit risk. Prospective investors are encouraged to contact the company via phone or email to request the Information Memorandum and to carefully consider all the information included before registering to become a member and receiving investment offers made under a Syndicate Information Memorandum. Prospective investors should seek professional advice from financial, legal, and taxation advisors to determine whether investing in the fund is suitable for their particular circumstances. Investments in the fund are not bank deposits, and as such, investors could lose some or all of their principal. Oz Direct does not guarantee the performance of the fund, including investors' return on capital or the return of capital.

Investment Focus

• Invest $500,000 or more for the first mortgage investment in the fund
• Provide an acceptable qualified accountant’s certificate confirming net assets of $2.50 million or more, or a gross income of $250,000 or more for the last two financial years