About the Sterling Income Trust
The Sterling Income Trust (“SIT”) provides investors with a unique exposure to Australia’s residential property market through investment in a portfolio of rental management agreements that has historically provided a reliable income stream* and mortgage loans secured over the acquisition and construction of residential properties. The two investment options are:
|
Income Units |
Growth Units |
|---|---|
| First offered May 2013 | First offered February 2017 |
|
Average distributions of 9.26% pa since May 2013* |
Commenced distributions February 2017 |
|
Distributions paid monthly** |
Distributions paid monthly** |
|
100% tax deferred |
0% tax deferred |
|
Four year track record
|
Income share from established rent roll acquisition business with five year track record. |
|
Current Macquarie Facility Limit: $3.283m |
- |
| Current business opertions in Western Australia, Victoria and Queensland | Current business opertions in Western Australia, Victoria and Queensland |
|
Share of rental management fees earned under rental management agreements |
Share of revenue from sale of rental management agreements |
|
Redemptions: There is no guaranteed withdrawal of Units, however eligible Unitholders may be able to redeem their Units via conditional withdrawal facilities that may be made at the discretion of the Responsible Entity on a monthly basis. The redemption facility is subject to terms and conditions. Details are included in the PDS. |
Redemptions: There is no guaranteed withdrawal of Units, however eligible Unitholders may be able to redeem their Units via conditional withdrawal facilities that may be made at the discretion of the Responsible Entity on a monthly basis. The redemption facility is subject to terms and conditions. Details are included in the PDS. |
* Investors should note that any reference to past performance is not a reliable guide to future performance. Please refer to the PDS for details, including use of funds and please read the Key Risks section of the PDS.
** Distributions are paid monthly on or about the 15th day of each month (or, if that day is not a business day, on the next occurring business day). Distributions paid quarterly will be paid within seven days from the quarter end.
