Building wealth

Sandhurst Select Mortgage Fund

Product issued by Sandhurst Trustees Limited

Sandhurst Select Mortgage Fund aims to provide regular income and capital stability by investing in income-generating assets, including first registered mortgages and cash assets.

  • Check out our rates
  • Minimum initial investment $2,000
  • Quarterly distributions
  • Access to Bendigo e-banking services
  • Initial and additional contributions are fixed for 90 days and then are available for withdrawal under normal circumstances
  • Read our Product Disclosure Statement for details
  • Call 1800 634 969, visit a Bendigo Branch or email for more information

Features

Operation

Passbook or investment statement, issued quarterly

Minimum initial investment

$2,000 by cheque or direct credit only

Minimum holding

$2,000

Minimum additional investment

Nil

Income distributions

Income is calculated on your daily balance and paid on a quarterly basis on the first day of the new quarter or upon account closure.

Income payment options

Choose to have your distributions either:

  • automatically reinvested
  • paid to you by direct credit to your nominated account.

Investment term

Initial and additional contributions are fixed for 90 days and then are available for withdrawal under normal circumstance

E-banking and withdrawals

Access Bendigo's e-banking services:

  • Review your balance and transactions
  • Transfer funds between your nominated Bendigo Bank accounts and your Sandhurst Select Mortgage Fund investment
  • Transfer funds using the Pay Anyone Service
  • Make BPAY® payments

Please contact 1300 BENDIGO (1300 236 344) to apply for e-banking services. Approval is subject to Bendigo Bank's discretion.

Investments in this Fund are not deposits with the Bendigo Bank, or any other bank and are subject to normal investment risk including loss of some or all of the principal invested. Past performance is not an indication of future performance. Sandhurst shall satisfy withdrawal requests as soon as practicable (generally on the same day, but not more than 12 months). Withdrawal requests shall be satisfied as soon as practical (generally on the same day, but not more than 12 months). However, requests may be delayed or refused if it's in the best interests of investors as a whole to do so. Investors will only have limited rights to withdraw if the fund does not satisfy the liquidity test in the Corporations Act. There is also a risk that withdrawal proceeds will not be paid within a reasonable period after the initial investment term.