The Banner Wholesale Fixed Interest Income Fund (BWFIIF) is a registered managed investment scheme designed to provide wholesale investors with an opportunity to invest in mortgage loans secured by specific properties. The investor’s return is fixed for each investment and is not pooled with other investments by the Fund.
The Fund is a asset-specific Australian registered managed investment scheme, comprising a number of separate sub schemes for each asset.
The Fund originates and invests in commercial mortgage loans over property in the Australian market. The terms of each investment are offered to an investor through an investment-specific supplementary information memorandum.
The key terms are not an exhaustive summary and you should read the Fund’s Information Memorandum before deciding to invest in the Fund.