Consistent returns through uncertain times
SPONSORED
In an era of economic volatility and market uncertainty, investment opportunities that provide consistent returns can be hard to come by. Local company First Mortgage Trust (FMT) shares strategies that have managed to achieve this for more than 27 years.
With their conservative investment strategy and stringent lending requirements, FMT has not only weathered the storms but has also managed to consecutively increase its investment return rate over the past five quarters and is anticipating further increases.
“In our 27 years no FMT investor has ever lost a cent of capital, even during the GFC and, more recently, the Covid-19 pandemic,” says CEO Paul Bendall.
This accomplishment is a testament to FMT’s disciplined approach, their risk management strategy, the expertise of their team, their local property market knowledge and their commitment to the preservation of investor capital.
“We know these are uncertain times and people are cautious, especially when it comes to investing and deciding what to do with their nest egg and savings,” says Paul. “Living costs and inflation are high and this can be hard for savers. We understand this and that’s why we are pleased to have been able to deliver increased investment returns for the last five quarters, and because of our consistent investment returns and the peace of mind we provide we’ve seen many of our investors invest more with us and recommend us to their friends and family.”
How FMT works
Investors invest in either the First Mortgage Trust Group Investment
Fund or the First Mortgage PIE Trust, then FMT lends the money out to Kiwis seeking property finance. FMT differs from some other investments as both funds are trusts. The trust structure means each fund is supervised by an independent supervisor. The supervisor plays an integral role in the governance of FMT and they have oversight of lending decisions.
“This gives our investors confidence that their money is being managed
well,“ says Paul. “The money our clients invest with us helps New Zealanders achieve their property related goals. It builds homes, businesses and it helps shape communities. In return we are able to provide a stable return to our investors to help them achieve their investment goals.”
Increased investment return rate
FMT has showcased its expertise in wealth protection and generation by progressively increasing its investment return rate. Their March 2023 quarterly rate was a pre-tax return rate of 6.61 percent (annualised), which was well received by investors.
Past performance is not a reliable indicator of future performance.
First Mortgage Managers Limited, the manager of the First Mortgage Trust Group Investment Fund and the First Mortgage PIE Trust, is licensed under the Financial Markets Conduct Act 2013 as a manager of registered schemes and is not a registered bank under the Banking (Prudential Supervision) Act 1989. Professional investment advice should be taken before making an investment.
Product Disclosure Statements are available at fmt.co.nz