The below information is referenced in the PDS for the Fund dated 1 February 2023. You should read this information in conjunction with the PDS document and the SPDS for each loan we offer you to invest in. The below information is subject to change from time to time.
Interest rates are set on an individual loan basis. Current interest rates range between 8.00% pa to 9.75% pa. The weighted average interest rate of the loan book was 9.29% as at 31 October 2023. The weighted average interest rate is calculated by multiplying the interest rate for each loan within the Fund by its loan amount and dividing that total by the total of all loan amounts in the Fund.
You can find the interest rate for a particular loan in the SPDS.
The current applicable interest rate being paid by the bank to RMBL on the Trust Account is 3.70% effective from 7 June 2023.
Security property diversification information as at 30 June 2023: