Investing

2 minute read

Our rich history and our services

June 2022

MCMF Bianca Harper

MCMF is one of Tasmania’s leading investment funds. MCMF has a long history of facilitating local lending and investment opportunities to improve the State. But you may not be aware just how long.....

The history of MCMF can be traced back to the Murdoch Clarke Contributory Mortgage Fund which was established by respected Tasmanian law firm Murdoch Clarke more than 100 years ago. The Murdoch Clarke Contributory Mortgage Fund followed a conservative lending policy and grew significantly over time. It was committed to delivering financial outcomes for its clients, developing and establishing quality relationships with its clients, and helping to build the Tasmanian community.

In 1998 the Murdoch Clarke Contributory Mortgage Fund became a pooled mortgage fund and was registered with the Australian Securities and Investments Commission as a managed investment scheme. At that time the amount invested in the fund was about $60million.

Murdoch Clarke Mortgage Management Limited became the responsible entity of MCMF in June 2006 and continues to operate MCMF today. Since 2006 MCMF has steadily grown [with the amount invested in the fund now more than $360million] and has consolidated its position as one of Tasmania’s most trusted mortgage funds. The fund’s reputation as a well- established, well-performing Tasmanian fund has seen an increase in investors choosing MCMF to invest, and developers and lenders selecting MCMF as a trusted lender offering competitive interest rates for commercial, development, rural and self-managed superannuation fund loans.

MCMF team group 2023

MCMF’s offices are located in Victoria Street, Hobart and in George Street, Launceston. MCMF’s recently opened office in Launceston has allowed MCMF to better service existing and new borrowers and investors throughout the State. Although MCMF has grown, MCMF remains committed to building and maintaining quality relationships with investors and borrowers and supporting growth in Tasmania.

MCMF has recently undergone a brand refresh, with a new logo, new advertising and a tagline that reflects its service promise: A state of opportunity.

It’s the opportunity for borrowers to realise their dreams and fulfil their ambitions.

It’s the opportunity for investors to earn competitive returns on their investment – but also the opportunity for investors to see their money work to help borrowers follow their dreams and achieve their goals.

And it represents the opportunity that MCMF creates within local communities and statewide.

So, how can we help you? We’d love to help you reach your investment goals or achieve your property ownership or development dreams. Find out more on our website or call us for more information.

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