3 minute read
February 2023
Save money in this economy? We must be joking, right?
When it comes to investing – we’re serious about giving Tasmanians the opportunity to grow their wealth. In fact, we’ve made our investment process as simple as possible – so it’s easier for you to save for that next big (or small) purchase, build up an emergency fund, or create a nest egg for you and your loved ones.
As they say, time is money – so we like to keep our processes fast and effortless for our clients. To start your MCMF investment journey, all you have to do is:
Your initial deposit can be as little as $100 – making our investments accessible to anyone with a few dollars to spare.
Once your MCMF account is established, you can set up regular direct debit transfers from your bank account – and treat your investment as an easy set-and-forget system to save. (This way, you’re less likely to dip into your savings for that speccy pair of shoes on sale…)
Or, you can simply contribute to your investment whenever you can afford to - just let us know by email or phone when you’d like to add funds to your account. Either way, it's just a minimum of $100 per contribution.
In great news, we don’t charge account-keeping or additional deposit fees. You’ll earn interest payments each quarter – and our past performance has seen our investors receive consistent solid returns. Set and forget, indeed!
If you need to withdraw your funds – just submit a withdrawal request form. We won’t charge you a withdrawal fee.
Generally, withdrawals are processed within 7 days of receiving your form.*
*We do have fine print relating to withdrawals - view page 30 of our Product Disclosure Statement for additional details.
You may have noted that MCMF stands for Murdoch Clarke Mortgage Fund – in which case you may be wondering, “What’s a mortgage fund? What do mortgages have to do with investments?”
It might be easier to think of a metaphorical bucket that represents our mortgage fund. Our investors add their money to our bucket, investing anything from $100 to $1M.
We then use this money to generate returns for our investors by:
The income generated from the interest on these loans and investments is paid out as returns for our investors.
But investing with MCMF is more than just an easy process. It’s also a meaningful contribution to our community, as our investment pool purely funds Tasmanian developments and projects.
So, while you’re working towards achieving your financial goals – your MCMF investment is also helping other Tasmanians realise their own dreams.
Discover more about investing with MCMF and our process, or feel free to reach out to us with your investment questions.
If you’re ready to apply – click below to get started!
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