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Waratah Select Mortgage Fund

The Waratah Select Mortgage Fund’s investment objective is to provide investors with an attractive distribution rate with first mortgage security.

The Fund also enjoys the benefit of some 45 years of management experience and expertise, so much so that some of our investors have been investing with us for more than 40 years.

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About the Fund

The Waratah Fund also offers:

  • Quarterly Reinvestment Option Available
  • Distribution rate is net of fees
  • Distributions Paid Monthly
  • No Entry Fee
  • Direct Electronic Banking so you receive your monthly distribution immediately

Note that an investment in the Fund, like any investment, involves some risk. Risks include borrower default, changes in the value of first mortgage security property and liquidity risk.

 

  • The Fund is subject to annual audits by a registered Auditor and lodged with ASIC.
  • Superannuation funds welcome
  • No related party lending
  • Australian Financial Services License No 226348

How the fund works

The Waratah Fund offers investors the opportunity to invest in a first mortgage security, low maintenance investment with no entry fees.

The risk profile of the Waratah Select Mortgage Fund has been designed to provide a reasonable level of return with conservative exposure.

Investors will be offered units in the Fund, currently valued at $1 per unit. The minimum initial investment is $5,000. The Fund makes distributions monthly directly into investors’ bank, building or credit union accounts, or distributions can be re-invested quarterly.

The minimum investment term is 12 months.

How to invest

To invest you must read the Product Disclosure Statement (PDS), fill out the Application Form and send it to us with your cheque attached. To obtain a copy of our PDS click here or contact us via the ‘Contact Us’ page. Investors wanting to invest additional funds can download an Application Form here.

Investors will also need to complete and submit the Additional Information form found below, which applies to their situation.

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Continuous Disclosure

Forms

Withdrawal of Funds

Investors would be required to download a withdrawal request form, have all signatories, sign it and post it back to SHSL.

Change of Details

Investors would be required to download and complete a Change of Details form and forward it to our office.

Change of Term

Investors would be required to download and complete a Change of Term form and forward it to our office.

Additional Funds (Application Form)

(Investors should read the PDS prior to completing this form)

Investors can add to their investment at any time by downloading and completing the Application Form and forwarding it, with their funds, to SHSL.

When completing an application form you will also need to download and submit the ‘Additional Information Form’ (below) which is applicable to your situation.

Additional information forms

For Trust and Partnerships

For Companies

For Individuals

FAQs

Simply complete one of the Application Forms which are included in our Product Disclosure Statement (PDS) and send it to us with your cheque attached.

To obtain a copy of our PDS you can either contact us via the ‘Contact Us’ page, or you can download the PDS and an Application Form by clicking on the ‘Forms’ heading on the above Menu.

The minimum initial investment is $5,000. You can increase your investment at any time, by a minimum of $5,000.

The fund primarily invests in a portfolio of loans secured by registered first mortgages, directly or indirectly by acquiring units in other mortgage investment funds.

We adopt a highly disciplined investment process which is managed by a team with more than 30 years experience.

The minimum investment period is 12 months.

An investor may choose to receive either monthly or quarterly distributions of income in the following manner:

  • distributions of income will be distributed monthly in arrears by electronic funds transfer (‘EFT’) into the financial institution account nominated in your application form, unless you make other arrangements with us; or
  • investors can also choose to have their distribution automatically re-invested at the end of each quarter.

You are able to withdraw your investment only at the end of the investment term and where the Fund can be liquid. To do this you must provide us with a written notice at least 30 days before the end of your investment term. Circumstances may arise where an investor requires urgent access to their funds. SHSL is not obliged to allow an investor to access their funds early, but will consider such a withdrawal application. An investor who is permitted to withdraw before the end of their term is charged an early withdrawal fee of 1% of the funds withdrawn.

Complaints Management & Dispute Resolution

Complaints can be made:
  • By telephone to the Complaints Hotline on 1800 644 805;
  • To the Dispute Resolution Officer – Gina Sly;
  • To individual staff members (with whom the complainant has had dealings);
  • To the company generally.
Complaints can be made in the following forms:
Resolution process:

Where a complaint is received, SHSL must within 24 hours send written notification of the complaint. The Complaints Contact person will then proceed to investigate the complaint, and a determination will be notified in writing within 30 business days. Should the complaint remain unresolved at this point, it will be referred to Senior Management for consideration.

SHSL is also a member of the Australian Financial Complaints Authority (AFCA), to which members can refer unresolved complaints:

Australian Financial Complaints Authority

GPO Box 3, Melbourne VIC 3001
Telephone: 1800 931 678
Internet: www.afca.org.au
Email: info@afca.org.au

The Waratah Select Mortgage Fund ARSN 089 601 052 is managed by Shakespeare Haney Securities Ltd ACN 087 435 783, ASFL No 226348.

*Distribution rates effective from 15/12/22. They are net of fees and charges and are based on current market performance. The rates are variable, may change over the term of the investment and are not a forecast. Past performance is not an indication of future performance.

Regulatory note: an investment with the Waratah Select Mortgage Fund is not a bank deposit and carries the risk of investors not getting all or part of their investment back. Terms and conditions apply. This information is general advice and not personal and a person should consider the Waratah Select Mortgage Fund ARSN 089 601 052 Product Disclosure Statement before making any investment decisions.