Skip to main content

Billion dollar breakthrough for Australia’s largest Mortgage Fund

8 April 2016 |Wealth

The Sandhurst Select Mortgage Fund has pushed through the $1 billion mark in funds under management for the first time since November 2011.

Paul Rohan, Head of Wealth at Bendigo and Adelaide Bank said: "The Sandhurst Select Mortgage Fund has been steadily growing in popularity with our customers and this is a wonderful milestone for the bank and our Sandhurst Trustees business in particular".

"Sandhurst adopts a disciplined and conservative approach to funds management and one of our key investment objectives is the preservation of investor capital. It’s a source of considerable pride within our company that during the GFC, we were one of the few Australian investment managers to keep mortgage funds open and pay withdrawals within normal timeframes".

"Throughout the full range of market conditions over the past 20 years, the Sandhurst Select Mortgage Fund has met or exceeded the indicative return rate announced at the beginning of each quarter more than 86% of the time".

"Our customers continue to see this fund as an attractive, value for money alternative to traditional cash deposits, particularly given that we have a competitive management fee and do not charge account keeping fees, entry or exit fees".

"Sandhurst Trustees has a long history of providing quality financial services and products and has a demonstrated ability to effectively manage customer wealth during the most difficult and challenging economic periods".

"It may have taken us 128 years to become an overnight sensation, but increasingly, our customers are realising the benefits of Sandhurst’s range of cost effective, award-winning products available through our growing Bendigo Bank retail branch network", Mr Rohan concluded.
For further information on the Select Mortgage Fund (or any of our other products), please visit our website:

Sandhurst has $1,208M in FUM across its two mortgage funds

Fund FUM - 31st March 2016
Sandhurst Select Mortgage Fund $1,002M
Sandhurst Investment Term Fund $206M

The mortgage funds identified in this article are issued by Sandhurst Trustees Limited ABN 16 004 030 737 AFSL 237906 (Sandhurst), a subsidiary of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 (the Bank). Investments in these products are not deposits with, guaranteed by, or liabilities of the Bank and are subject to normal investment risk, including loss of income and capital invested. You should consider your situation and read the relevant Product Disclosure Statement available at before making a decision.

Related Topics

Bendigo Bank logo
Connect with us

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2022 Bendigo and Adelaide Bank