How is your money being invested?
The Squirrel Monthly Income Fund seeks to generate a competitive and regular income from a diversified portfolio of NZ loans secured by registered first mortgages over NZ residential properties. Squirrel focuses on mortgage lending to select market niches (including Home Loans and Construction Loans) where investors can expect to earn attractive returns from carefully qualified borrowers with residential property as security.
As the Fund’s investments are protected by Squirrel’s reserve funds, the Fund continues to receive monthly interest payments where any borrowers happen to be in arrears.
Home Loans
These are loans for homeowners that are secured by a first mortgage over residential property, with maximum 80% LVR. All our borrowers are checked by our experienced credit team. This investment class is considered conservative risk level.
Construction Loans
Lent out to builders and small-scale property developers with a maximum loan size of $2m. All our borrowers and their developments are checked by our experienced credit team. All loans are secured by a first mortgage over residential property, with maximum 70% LVR. This investment class is considered moderate risk level.
