Pre-G.F.C. Investors Spike Alternative Trend

Sept. 27, 2012 - PRLog -- Investors who relied on mortgage trusts prior to the Global Financial Crisis have made the shift to term deposits and small contributory mortgage schemes as safer alternatives, says Jason Di lulio, CEO, Assist Finance, who has seen a spike in this trend.

“We have seen a number of new investors joining our At Call and Term Investments as well as the contributory mortgage scheme since the advent of the GFC,” said Di lulio.

“We believe this to be due to the higher interest earning rates offered, the simplicity of dealing with our At Call and Term Investments and the known, tangible, physical security of the contributory mortgage scheme.”

“The Assist Finance Contributory Mortgage Fund has been in operation since 1978. This scheme identifies borrowers willing to provide first ranked mortgage security over quality properties in order to gain funding, and presents these lending opportunities to our list of investors,” said Di lulio.

“Each investor decides how much, if any, they would like to invest at the agreed interest rate. All investors have their name recorded on the title, and Assist manages the loan process from inception to full repayment.” These are traditionally for a 1 to 3 year period.

For investors who relied on regular income from mortgage trusts prior to the G.F.C., these alternatives are also being used for regular income and offer a level of diversity and choice.

“The Assist Finance Direct Mortgage Fund allows investors to achieve superior interest returns whilst also being able to individually select into which investments they will invest. We believe this gives the investors the higher interest benefit of the mortgage trusts whilst also giving the choice of investment and the security of having their name recorded on the title of the security property,” said Di lulio.

“Alternatively, if investors prefer, our At Call and Term Investments provide fixed income returns but on a much simpler basis, with the investors only needing to select the investment period and amount to invest.”

“Interest from Assist’s At Call and Term Investments can be paid (or capitalised) on a monthly, quarterly or at maturity basis. This allows investors certainty over their income,” said Di lulio.

“Alternatively, investors can choose the aforementioned Assist Finance Direct Mortgage Fund, where all of the income for the period would be received in advance. This gives the investors all of the income upfront which they could then potentially re-invest.”

The Assist Finance Direct Mortgage Fund allows investors to select their own investment and determine the amount they will contribute. The interest rate, period and security property are all provided to the investors to help in their decision making.

The Assist Finance Direct Mortgage Fund and Assist Finance At Call and Term Investments continue to reap significantly higher rates and stability compared to alternative investment opportunities, as shown from data sourced from Australian Super as at 30 June 2012.

Contact:
Darryn Keneally 0410344761 ; Tracey Vale 0416594399
www.assistfinance.com.au Telephone: (08) 82164155