Invest In People
Consumer lending is an asset class traditionally controlled by banks and is among the most profitable parts of their retail lending operations. We specialise in consumer lending to Australians and we also provide access to those loans as an investment for a minimum commitment of $100,000.
INVEST IN PEOPLE
SocietyOne Personal Loans Unit Trust
Our Personal Loans Unit Trust gives wholesale investors the opportunity to earn a target return (net of fees and costs but before tax) of 5.0-8.0% p.a. from a diversified portfolio of secured and unsecured personal loans and secured car loans originated by MONEYME and SocietyOne. Interest income is generated from a pool of loans and credited monthly to investors.
We lend up to $150,000 to creditworthy customers, over loan terms of 3 to 7 years. Our award-winning customer experience and competitive pricing are key to our success in driving consistent high-quality loan originations. Through our diligent risk management of loan origination and servicing we can protect investor capital and maximise their returns.
Alternative Asset Class
The Trust provides investors access to alternative asset classes such as consumer lending that have traditionally been controlled by the banks. Returns are not highly correlated with equities or property and may provide a good source of investment diversification.
Consistent Performance
The Trust has delivered strong returns since inception, consistently outperforming the cash rate. The Trust’s performance has been rated ‘Very Strong’ by Foresight Analytics for four consecutive periods.
Managed For Stability
The target return (net of fees and costs but before tax) for the loan portfolio is 5.0-8.0% p.a. The Trust structure features a loss reserve that smooths returns during periods of volatility in the loan portfolio. The reserve fund mechanism also allows investors to earn higher returns should the Trust outperform the target return.
The information contained on this website has been provided as general advice only and does not take into account your objectives, financial situation or needs. Before investing, you should consult your financial advisor to consider whether the product is appropriate for your circumstances.
Key Facts
| Trustee | AMAL Trustees Pty Ltd (AFSL 483459) |
| Investment Manager | SocietyOne Australia Pty Ltd as authorised representative of SocietyOne Investment Management (AFSL 477365) |
| Asset Class | Alternative fixed income |
| Base Fee and Expenses | Trustee: higher of 0.3% or $35,000 p.a. Investment Manager: 2.25% p.a. Expenses will be recovered from the Trust at cost (estimated to be 0.5% p.a.). Refer to the Information Memorandum for further information on fees |
| Inception Date | December 2018 |
| Offering Document | Information Memorandum available on request |
| Investor Class | Wholesale and sophisticated investors |
| Minimum Initial Investment | $100,000 |
| Additional Investments | $10,000 |
| Distribution | Monthly return of interest from the loan investments (and reinvestment of loan principal) |
| Redemptions | Units may be redeemed after a 12-month initial investment period, subject to liquidity |
| Unit Pricing | Value of $1.00 at issuance; thereafter targeted value of $1.00 with a monthly valuation date |
| Recommended Investment Timeframe | A medium to long term investment of 3 to 7 years |
| Target Investment Return | 5.0% - 8.0% per annum, after fees, costs and losses but before taxes |
Register Your Interest
Frequently Asked Questions
How do I apply to invest?
Register your interest in investing at our registration page and provide identification as required. Institutional investors (including banking organisations and non-SMSF fund managers) will need to complete a Commitment Agreement. During the application process, we'll ask you to upload a wholesale investor certificate from your accountant and a copy of a statement for the bank account to which you direct us to pay distributions. On receipt of the forms, we'll provide you with direct deposit details so you can fund your investment.
Who can invest?
Currently only wholesale clients can invest through SocietyOne. Find out more about wholesale clients. Please note that wholesale clients include individuals who meet the requirement. Over 90% of current investors on the SocietyOne platform are individuals/SMSFs.
Do I invest directly in loans?
Investors own units in the Trust and the Trust invests in loans which are approved in accordance with our credit assessment criteria. Investors have no direct interest (legal or beneficial) in the underlying loans.
Have some more questions?
Our support team is here to help.