Millbrook Credit Fund
MMM8312AU
Millbrook Credit Fund MMM8312AU Strategy
The fund is actively managed and uses strict loan criteria to build a quality portfolio of diversified loans secured by Senior Secured (1st Mortgage) over real property assets in Australia. Strict loan criteria include 1) short duration typically 6 -24 months with a weighted average loan duration of 12 months. 2) conservative max loan LVR of 67% and max weighted average LVR of 60%. 3) Each individual loan is a max of 15% and is appraised as to its fit with the overall loan portfolio.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Morningstar Investment Ideas
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