ECMT

Investment

Features

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...

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Policy

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...

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Risk Factors

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...

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Industry Benchmarks

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...

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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.

 

Read the Full Announcement here.

East Coast Mortgage Trust

© 2010 East Coast Mortgage Trust

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This information does not take into account your personal investment objectives, financial situation and needs. Before investing with us you should read all the information contained in the Product Disclosure Statement and the Supplementary Product Disclosure Statement and seek independent financial advice.

East Coast Mortage Trust ARSN 090 631 637 ABN 86 565 751 866     Lismore Management Corporation Limited ACN 010 695 566 AFSL No. 239216 as responsible entity     Privacy Policy