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Keystone Capital KC Diversified Income Fund

Diversified first mortgage fund targeting income returns of 7.0%+ p.a.

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Core Property has reviewed the KC Diversified Income Fund, an unlisted fund that invests in a diversified portfolio of property-backed loans, secured by first-ranked mortgages in Australia.

The Manager, Keystone Capital, was established in 2013 and has undertaken over $585M of loans since inception with a 100% preservation of capital for investors.

The Fund was established in January 2017 and only invests in loans backed by first ranking mortgages. The current portfolio provides a diversified exposure to 36 loans in the Keystone portfolio with an average Loan To Valuation Ratio of 58.2%.

The Manager is targeting distributions of 7.0% p.a. (paid monthly), and is currently paying 7.25% p.a.

Core Property rated the Fund in May 2019 and has reaffirmed the rating as RECOMMENDED.

The Fund is open ended with a minimum investment of $25,000.
 

Core Property Rating - Recommended

Fund Status - Open

This publication is not and should not be construed as, personal financial product advice, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information (general financial product advice) only. Read more here.