Objective The Trust aims to provide you with income and capital stability and reward medium/long-term investment. The Responsible Entity and issuer of Units Lismore Management Corporation is the responsible entity...
We aim to protect your investment and provide a strong return by investing in mortgages, income-producing property, and other Authorised Investments in accordance with set policy guidelines such as: It...
With any investment there are risks. Your investment is not guaranteed and neither is the distribution of income or the rate of distribution. As investing in the Trust involves exposing...
In September 2008 the Australian Securities and Investment Commission (ASIC) developed and published 8 benchmarks for unlisted mortgage schemes that are aimed at helping retail investors understand the risks, assess...
In August last year we wrote to you advising of a series of actions we were taking in relation to eight borrowers in arrears greater than 60 days.
Our aim has been to resolve these issues as quickly as possible. Despite our best efforts that has not been possible. In some cases the situation has deteriorated. We have had one borrower bring interest up to date but a further 3 borrowers have fallen into arrears over this time.