Any Experience Investing with ASCF - Australian Secure Capital Funds?

Related Stores

australiansecurecapital.com.au

• 

  poboy on 06/06/2018 - 22:23

  +3

  This sounds a bit like Australian capital reserve, which went bust in about 2006. They offered significantly better interest rates, backed by mortgage securities. With higher returns are higher risks.

  Do the comparison sums between this and bank interest rates and ask yourself if you are happy to take the risk for an extra few bucks.

  Personally, I wouldn't. I was lucky enough to exit before the other mob went bust. I would have lost my house deposit, completely changing my life.

  • 

    Associatedascf @ australiansecurecapital.com.au on 27/09/2018 - 12:04

    -1

    Hi Smatters 14,

    Australian Secure Capital Fund Ltd is not a related to Australian Capital Reserve in any capacity and never has been.

    For more information on how we can offer the rates we do, please see my response to amar503.

• 

  Associatedascf @ australiansecurecapital.com.au on 27/09/2018 - 12:02

  -1

  Hi amar503,

  Australian Secure Capital Fund Ltd is a pooled Mortgage Trust Investment managed by industry professionals.

  We are able to provide such high returns to our investors as a result of our lending rates for borrowers. Interest rates for our loans start from around 15% per annum on a 1st mortgage and around 24% per annum on a 2nd mortgage, with a loan term of between 1 and 12 months maximum.

  These rates are higher than traditional Bank financing, allowing us to provide more in return to our investors. We can charge more expensive rates because our borrowers often require urgent and/or short-term funding that their Bank cannot provide quickly enough.

  For more information, please email contact us directly on 07 3506 3690 or email [email protected].