Q: Are you authorised under an Australian financial services (AFSL) licence ?
Yes.
The manager of the Peer Capital Partners Credit Fund is Peer Capital Partners Pty Ltd ACN 621 660 213, an Authorised Representative (number 1259788) of MSC Advisory Pty Ltd (ACN 607 459 411, AFSL 480649).
Q : Are my investments guaranteed ?
No. There is no guarantee on any returns repayment or any of the capital.
As with any investments of this type, there are risks associated with an investment in the Fund. Investments available via the Fund are tailored to sophisticated investors who have the necessary skills and confidence to make informed investments.
For information on the risk factors that could affect the performance of the Fund and the repayment of an Investor’s capital, please refer to the Information Memorandum. To receive a copy, please feel free to contact Peer Capital Partners by email to info@peercapitalpartners.com.au , as well as the relevant Loan Memorandum.
Q: Is there a minimum initial investment amount ?
Yes, the minimum initial investment amount for Cash Units is AUD$100,000. There may also be minimum investment amounts for Loan Units which will be identified in the relevant Loan Memorandum.
However, the Trustee may accept a lower amount from a Qualifying Investor in its absolute discretion.
Q: What if a borrower is late with repayments or defaults?
Occasionally a Borrower may be late with repayments or default on a loan, sometimes due to a genuine oversight or events outside of their control.
Peer Capital Partners has a proactive and robust loan management process to monitor and manage such an event. Borrowers will be actively pursued.
If the Borrower fails to remedy the matter within the timeframes discussed in the Information Memorandum, the manager of the fund and the Trustee will undertake appropriate action to recover the loan as further detailed in section 3.6 of the Information Memorandum.
Should legal action be taken against a defaulting Borrower, any legal and associated third party expenses incurred will be at the Borrower’s cost, however additional funding may be required in the interim. Investors should refer to section 3.7 of the Information Memorandum for further details.
Q: What is the term of the investment ?
For Specified Loan Units which are referable to individual Loans between 3 months and 5 years, depending on the selected Loan. Please see the relevant Loan Memorandum for the exact terms for particular loans.
For Pooled Loan Units , there will be a minimum term of 12 months unless otherwise specified in the relevant Pooled Loan Memorandum. Refer to the IM for withdrawal procedures.
Q: When are distributions paid ?
The rate and frequency of distribution will depend on the class of Units you hold.
For detailed information on distributions for each class of Units, please refer to the Information Memorandum. To receive a copy, please contact Peer Capital Partners by email to info@peercapitalpartners.com.au
Q: When can I withdraw?
The terms of withdrawal for your investment will depend on the class of Units that you hold.
For detailed information on withdrawal for each class of Units, please refer to the Information Memorandum. To receive a copy, please contact Peer Capital Partners by email to info@peercapitalpartners.com.au.
Q: Who can invest ?
Only ‘Qualifying Investors’ who meet the definition of a ‘wholesale’ client may invest.
To be an Australian ‘wholesale client’ in accordance with the Corporations Act 2001, you must:
To be a Singaporean ‘accredited client’ in accordance of the Securities and Futures Act and Securities and Futures Regulations 2005
―accredited investor means
(i) an individual —
(A) whose net personal assets exceed in value the minimum amount of SGD$2 million (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount, and in determining whether an individual’s net personal assets exceeds the minimum amount, the estimated fair market value of an individual’s primary residence less any outstanding amounts in respect of any credit facility granted to the individual or any other person that is secured by that residence, shall not account for more than $1 million (or its equivalent in a foreign currency) of the minimum amount; or
(B) whose income in the preceding 12 months is not less than SGD$300,000 (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount.
Disclaimer
This information refers to investments facilitated by the Peer Capital Credit Fund Fund . Any person seeking to make an investment should review the relevant Information Memorandum and seek legal, financial and taxation advice. The IM for the Fund is available upon request by email to info@peercapitalpartners.com.au. The manager of the Fund is Peer Capital Partners Pty Ltd ACN 621 660 213, an Authorised Representative number 1259788 of MSC Advisory Pty Ltd ACN 607 459 411, AFSL 480649. The Trustee of the fund is Melbourne Securities Corporation Ltd ACN 160 326 545 AFSL 428289. This product is not a bank deposit. An investment may achieve a lower than expected returns and investors risk losing some or all of their principal investment. Past performance is no indication of future performance and actual returns will be particular to individual investments as describe in transaction specific Supplementary Information Memorandums. Please refer to the disclaimers link at the bottom of this page for the full disclaimers associated with the content on this site.
Peer Capital Partners Pty Ltd ACN 621 660 213, AFSL authorised representative number 1259788, is the operator of this website. The information shown on this website is general information only. It does not take into account your personal objectives, particular circumstances, investment objectives, financial situations or needs and is not intended to constitute investment, legal or taxation advice.
The information obtained through this website should not be relied upon as a substitute for detailed financial advice or used as a basis for making investment or other decisions. Accordingly, before making any decisions, taking any action or refraining from taking any action, you need to consider whether this information is appropriate to your objectives, circumstances, financial situations and needs. Peer Capital Partners recommends you seek independent professional advice. You should also obtain a copy of the information memorandum and relevant loan memorandums before making any financial decisions in relation to these products or services.
