For the CFML Mortgage Fund Product Disclosure Statement (PDS), and application form, Click here
View our latest Fund update Here
The CFML Mortgage Fund is pleased to announce a 4.51% p.a. return for the quarter ended
31st December 2019.
*Returns stated are based on net returns, after fees but before tax. The table shows quarter on quarter returns only. Past performance is no indication of future performance.
CFML is licensed by the Financial Markets Authority (FMA) as a Managed Investment Schemes manager, and is the Manager of the CFML Mortgage Fund
To view License Click Here
An independent research report has been conducted by FundSource about both the Manager (CFML) and the Mortgage Fund. This can be found Here**
** The Fundsource report is intended for New Zealand clients residing in New Zealand only and must not be accessed or viewed by any person or entity outside of New Zealand.
How to Invest
If you have any questions, would like more information, or would like to talk to a CFML representative about investing, please email the following link or contact our Investor Relations team
Conrad Funds Management Limited
Domestic: 0800 236 588
International: +64 9 22 2903
Chief Executive Officer
Conrad Funds Management Limited
Domestic: +64 29 770 0017
International: +64 9 320 0958
CFML advises you to read all of the CFML Mortgage Fund offering documents, including the PDS, before investing. If you have any questions relating to this investment or require further clarification on the content of the offering documents, we recommend that you engage with an independent financial adviser.
How is your money invested?
The CFML Mortgage Fund is a managed fund. Your money will be pooled with other investors' money and invested in shares in CFML Lending Limited. CFML Lending then enters into loans predominantly secured by first ranking mortgages (Mortgages) over residential freehold properties (including apartments), and invests any surplus capital in on-call and short term deposits at a New Zealand registered bank.
The returns you receive from the CFML Mortgage Fund are dependent on the interest paid on the loans secured by Mortgages made by CFML Lending and interest earned on on-call and short term deposits at a New Zealand registered bank in which CFML Lending invests any surplus capital.
Withdrawals are subject to a break fee if made within 2, 3 or 4 years (depending on the nature of your investment) from the date of your investment in the CFML Mortgage Fund. Withdrawals can be made at the end of each calendar quarter, provided at least 45 days' notice is given to CFML. CFML may redeem investments on notice to investors if cash levels are above or at the higher end of the target asset allocation range for the CFML Mortgage Fund in the Statement of Investment Policy and Objectives
There are no upfront fees for investing in the CFML Mortgage Fund. There are on-going Management Fees, Supervisor Fees and Mortgage Administrator Fees that are paid from the CFML Mortgage Fund quarterly. For more information on the CFML Mortgage Fund fees and expenses, please consult the PDS.
The CFML Mortgage Fund elected to become a multi-rate portfolio investment entity (PIE) from inception. The CFML Mortgage Fund has also elected to be a foreign investment variable-rate PIE. The amount of tax you pay in respect of a PIE is based on your prescribed investor rate (PIR). To determine your PIR, go to the following website, or refer to the information below. If you are unsure of your PIR, we recommend you seek professional advice or contact Inland Revenue.
For more information please consult the PDS
The CFML Mortgage Fund meets the criteria for a qualifying "Growth Investment" for Immigration New Zealand purposes