The investments of the 30-Days’ Notice Class are Cash and Unsecured Notes issued by Credit Providers that participate in the consumer loans segment of the credit market in Australia and abroad.
The Unsecured Notes held by the Class attract a coupon rate reflecting the credit risk of the borrower, the term of the note, liquidity provided by the Note Issuer and general conditions in the credit markets including the level of interest rates. Consequently, the coupon rate may fluctuate up and down over time.
The Notes held in this Class will typically be less than 90-Days’ term balancing the allocation between Notes and Cash to ensure we meet the Targeted Return and have sufficient cash to meet Withdrawal Requests. A summary of the current investments of the Fund are here.
The Class may invest in Unsecured Notes issued by Credit Providers abroad that offer similar products to Moneyspot Finance where the Responsible Entity is satisfied that the Targeted Return can be achieved. Those investments will be on similar terms to the investment in Unsecured Notes issued by Moneyspot Finance although differences may apply due to the nature of the notes issued and the jurisdiction of the Credit Provider.
MSI Funds Management Limited
ACN 614 077 995
AFSL 491 268
An investment in the Fund is an investment in a registered managed investment scheme. Your investment is not a deposit and does not benefit from the Financial Claims Scheme or depositor protection provisions of Division 2 of Part II of the Banking Act, as it might if it were an amount deposited with an Authorised Deposit-taking Institution. Investments in the Fund are subject to investment risk, including the loss of, or delays in the payment of, income or capital.
^ The Annual Targeted Return is not a forecast. There is no guarantee that these returns will be met and the Responsible Entity may no be successful in achieving the Targeted Returns or any return on the Fund’s Investments. Refer to the FAQs
*All investment returns are unaudited and assume reinvestment of distributions over the period (i.e., net of fees and costs). Returns published reflect the investment strategy at the date of publication. Past performance is no indication of future performance. Returns quoted for periods of greater than 1 year are annualised unless stated otherwise and assume reinvestment of distributions.
The information on this website is general advice only. It has been prepared without taking into account any consumer’s objectives, financial situation or needs and because of that investors should consider the appropriateness of the advice having regard to their personal objectives, financial situation and needs. Investors should obtain the product disclosure statement (PDS) for the Moneyspot Investment Fund ARSN 616 929 849 (Fund) and consider the PDS before making any decision to acquire, dispose or to continue to hold units in the Fund. The issuer of units in the Fund, and the provider of the advice on this website, is MSI Funds Management Limited ACN 614 077 995 AFSL 491 268.
Notice of reliance on ASIC Class Order: MSI Funds Management Limited ACN 614 077 995 as responsible entity for the Moneyspot Investment Fund ARSN 616 929 849 has determined that it will rely on ASIC Class Order CO 13/655 in relation to provisions about the withdrawal amounts from the Moneyspot Investment Fund.
© Copyright 2017 MSI Funds Management Limited ACN 614077995 Australian Financial Services Licence 491268 Level 1, 7-11 Little Buckingham Street, Surry Hills NSW 2010.