Secured loans and notes
Senior and secured lending to listed companies for growth, acquisitions and working capital.
Investor product · Private credit
Lending to listed companies
A fund that provides secured loans, notes and convertible instruments to companies listed on the ASX, which report publicly and are subject to continuous disclosure.
Wholesale investors
How to invest.
Apply online. We confirm your wholesale status and provide the offer documents for this fund when available; they set out the full terms, fees and risks.
What it invests in
What it invests in
01
02
Convertible instruments
Notes that pay interest and may convert to shares on agreed terms.
03
Public reporting
Borrowers publish half-yearly and annual accounts and must disclose material information to the market.
Income
Where the income comes from.
Income is the interest and fees paid by borrowing companies. Any gains on conversion are additional and not assured.
Investors seeking interest income from companies whose finances are publicly reported.
Key terms
How it works.
A summary only. The offer documents set out the full terms, fees and risks.
- VehicleUnit trust for wholesale investors.
- DistributionsQuarterly, as set out in the offer documents.
- LiquiditySet out in the offer documents.
- InvestorsWholesale clients only, under section 761G of the Corporations Act 2001 (Cth).
- How to investApply online. We confirm your wholesale status and provide the offer documents when available.
- Minimum investmentSet out in the offer documents.
- Fees and costsSet out in full in the offer documents before you invest.
Risks
Key risks.
- Smaller listed companies can fail despite public reporting.
- Share price falls can reduce the value of security and of any conversion rights.
- Loans to a small number of companies concentrate risk.
- Income and returns are not guaranteed, and you may lose some or all of your capital.
Next step
Apply to invest in this fund.
Applying does not commit you to invest. We confirm your wholesale status before sending the offer documents.
Questions? Email investing@yield.com.au.