The TPT Fixed Term Fund has been awarded a ‘superior’ rating by independent research house SQM Research. This recognises TPT Wealth’s highly experienced investment team, strong credit credentials and more than 40-year long track record of fund management.
Established in 1887, TPT Wealth provides a broad range of contemporary financial services to individuals and corporate clients including Managed Investments, Commercial Lending, and Trustee Services, which include estate planning, administration and charitable trusts.
The TPT Fixed Term Fund aims to provide investors with capital stability and regular, competitive income distributions through investment in a diversified portfolio of instruments, including direct mortgages, and residential and mortgage-backed securities.
Launched in 1977, the fund has aimed to provide Australians with regular income for more than 40 years.
TPT Wealth’s Acting General Manager, Todd Kennedy, said: “We’re both excited and proud to announce our TPT Fixed Term Fund has been rated ‘superior’ by SQM Research. The fund has a strong track record of managing mortgage funds and generating positive returns for investors.”
Despite a difficult 12 months in investment markets, the fund protected investors from the worst of the pandemic induced market shock, returning 1.5% p.a.* in the year to 31 March 2021, outperforming its benchmark index – the Bloomberg AusBond Bank Bill Index 0+Y TR AUD – by 1.39%.
“In these times of market volatility many investors are seeking out both income and capital stability. The TPT Fixed Term Fund aims to deliver this peace of mind, while continually generating income over the long-term,” Mr Kennedy said.
“We are seeing an increase in demand for income products such as the TPT Fixed Term Fund, particularly from wholesale investors and financial advisers, who are seeking a return on the money they’re managing without exposing the portfolio to unnecessary volatility.”
*Past performance is not a reliable indicator of future performance. All returns are net of fees and assumes distributions are reinvested for the period ending 31/03/2021. Returns are likely to change as market interest rates change. TPT Wealth Limited, MyState Limited and MyState Bank Limited do not guarantee the repayment of capital or any particular rates of return.
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.