Ctrl is only available to accredited Wholesale Investors or to a ‘Sophisticated Investor’ as defined under the Corporations Act 2001.

Ctrl Funds Management Pty Ltd (ACN 113 502 604) holds an Australian Financial Services Licence (AFSL 291314) which only allows us to deal only with ‘Wholesale Clients’.

Generally, people buying securities and other financial products must, under the Corporations Act 2001, be given a regulated disclosure document such as a prospectus or product disclosure statement. However, the Act has some exemptions from these requirements.

One of those exemptions is the offering of financial products to a person (either a natural person or a legal person) who is the subject of a current certificate from a qualified accountant certifying they have a prescribed net asset or gross income level (i.e. a ‘Wholesale Client’).

A person is only eligible to be classified as a sophisticated or wholesale investor if they have obtained:

• a gross income of $250,000 or more per annum in each of the previous two years or
• net assets of at least $2.5 million (reg 6D.2.03 and reg 7.1.28).

In order to become an investor on Ctrl, we require proof, in the form of an accountant’s certificate. During the entity creation process, an accountant’s certificate will be required to be submitted.

There are four specific ways to diversify a portfolio on Ctrl.

1. Property Type (residential, commercial, industrial or vacant land)
2. Property Location
3. Loan Term
4. LVR (Loan to Value)

Security is always 1st registered mortgages and can be over residential property, commercial property, industrial property or vacant land.

The location of the property across Australia enables investor to gain exposure to market outside of their direct property holdings.

A shorter loan term provides investors with the opportunity to be paid back faster. While the majority of our loans are short-term (less than 12 months), we provide funding on terms up to 24 months.

Finally, loan-to-value ratios are typically less than 70% based on the security provided.

A mortgage or income fund is structured in a pooled or contributory nature which provides investors with a broad exposure to the income generated from many assets. An investor is generally not provided with a detailed picture of all underlying assets within the mortgage or income fund.

In contrast, Ctrl provides flexibility and transparency by giving you access to the full details of each loan transaction and the ability to choose individual investments based on the individual rate of return.

Ctrl also structures each investment in a Special Purpose Vehicle (SPV). This is different from property mortgage funds and income funds where you invest in one fund that combines many property mortgage loans.

The minimum investment amount per loan is AUD$50,000.

The maximum investment amount will depend on each deal’s capacity. We endeavour to provide full allocations for all investment requests. Based on transaction demand, investor allocations may be reduced or rejected in an event of over subscription.