TPT Wealth awarded ‘superior’ rating for two income funds by SQM Research
TPT Wealth awarded ‘superior’ rating for two income funds by SQM Research
TPT Wealth is pleased to announce the TPT Long Term Fund and TPT Select Mortgage Fund have been awarded a ‘superior’ rating by independent research house SQM Research. All three TPT Wealth income funds are now rated “superior” by SQM Research after the TPT Fixed Term Fund received the same rating earlier this year.
The ratings recognise TPT Wealth’s highly experienced investment team, strong credit credentials and more than 40-year long track record of funds 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 two newly-rated income funds offered by TPT Wealth seek to provide capital stability and competitive monthly income returns via diversified investments across a range of fixed interest type assets. The major asset class for each of the funds is mortgages. They also hold residential and mortgage-backed securities and other asset backed securities.
The TPT Long Term Fund is suitable for investors wanting a relatively secure investment and regular monthly income returns over at least a 9-12 month term, while the Select Mortgage Fund is suitable for investors wanting a competitive regular monthly income over at least a 12 month period. Alan Logan, General Manager TPT Wealth said: “We’re both excited and proud to announce our TPT Long Term Fund and Select Mortgage Fund have been rated ‘superior’ by SQM Research. Since 1887, we have been part of the Australian financial landscape. The two funds have a strong track record of managing mortgage funds and generating positive returns for investors.”
“With interest rates in low single digits, yield-hungry investors face the challenge of finding investment strategies that offer a satisfactory level of income while balancing their need to protect their investment from market fluctuations.
“Key customer groups where our investment proposition is really resonating strongly include for-purpose firms such as non-government schools, aged care firms, archdioceses and not-for-profit organisations. TPT Wealth is continuing to build our distribution team to meet this demand from a very broad range of customers,” concluded Mr Logan.
About our Investment Management Team
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.
