ORDE Income Fund – 12 Month Investment Account
The ORDE Income Fund is a 12 month mortgage investment built with stronger features and smarter investor protections - a genuine alternative to a traditional term‑based pooled mortgage investment product.
Fund Features
Funds Under Management
$122.8m (at 31 August 2026)
Assets
100% registered first-ranked mortgage securities originated by ORDE and cash
Investment Term
12-month investment term with monthly income or reinvest options
Target Distribution Rate
7.75% p.a. variable*^^ (8.03% p.a. compounding). The distribution rate primarily moves with changes in the RBA cash rate. The rate also reflects movements in performance factors such as portfolio mix, loan pricing and cash levels.
Management Fee^^
0.70% p.a., including a performance‑aligned component of 0.40% p.a. only payable when benchmark returns are met
Performance Benchmark
RBA cash rate + 1.65% p.a. (6.00% p.a. at reference date)^. We typically expect Target Distribution Rate outperformance of the Benchmark to be broadly maintained.^^
Minimum Investment
$10,000
'Very Strong' Investment Rating~
How the Fund improves investor outcomes
ORDE Financial is known for our exceptional products and service standards. This now includes delivering better investment income outcomes.**
Improved asset selection
The Fund targets loan assets with restricted product and risk profiles and applies robust credit assessment standards:
– Maximum loan size $10m;
– Loans above $2m capped at 50% of the pool;
– Maximum average LVR <=75%.
The Fund applies conservative and detailed portfolio concentration limits delivering more diversification and removing risk of undisclosed concentrations.
Championing investor fidelity
A Fund designed to uplift investor fidelity:
– Best-practice internal governance, delivering strong experience and independence standards with a broad review mandate;
– ORDE’s only interest in assets is as Responsible Entity and Manager;
– A Fund with one investment product, delivering clarity and removing complex manager conflicts and risks;
– Extensive disclosure of portfolio, performance, risks, borrower fees and related party.
Stronger investor protections
Structural enhancement and protection of investment performance:
– Two dedicated reserves strengthen performance reliability:
– 1. Arrears Reserve 0.20% of AUM
– 2. Portfolio Reserve Target 0.40% of AUM
– Best-practice support for redemption liquidity. ORDE maintains comprehensive, committed alternate funding sources to purchase mortgage assets from the Fund upon request.
Low fees
Premium Wholesale Round management fee of 0.70%. p.a.^^
Of the management fee, 0.40% p.a. is aligned with investor performance and is only payable once investor returns exceed the Performance Benchmark.
A low borrower fee model applies, with investors receiving all default interest. ORDE discloses upfront and activity-based fees.
Improved asset selection
The Fund targets loan assets with restricted product and risk profiles and applies robust credit assessment standards:
– Maximum loan size $10m;
– Loans above $2m capped at 50% of the pool;
– Maximum average LVR <=75%.
The Fund applies conservative and detailed portfolio concentration limits delivering more diversification and removing risk of undisclosed concentrations.
Championing investor fidelity
A Fund designed to uplift investor fidelity:
– Best-practice internal governance, delivering strong experience and independence standards with a broad review mandate;
– ORDE’s only interest in assets is as Responsible Entity and Manager;
– A Fund with one investment product, delivering clarity and removing complex manager conflicts and risks;
– Extensive disclosure of portfolio, performance, risks, borrower fees and related party.
Stronger investor protections
Structural enhancement and protection of investment performance:
– Two dedicated reserves strengthen performance reliability:
– 1. Arrears Reserve 0.20% of AUM
– 2. Portfolio Reserve Target 0.40% of AUM
– Best-practice support for redemption liquidity. ORDE maintains comprehensive, committed alternate funding sources to purchase mortgage assets from the Fund upon request.
Low fees
Premium Wholesale Round management fee of 0.70%. p.a.^^
Of the management fee, 0.40% p.a. is aligned with investor performance and is only payable once investor returns exceed the Performance Benchmark.
A low borrower fee model applies, with investors receiving all default interest. ORDE discloses upfront and activity-based fees.
Credit Specialist and Asset Manager
ORDE has more than $6bn in loan assets and an Australian team of over 220 professionals. We manage capital for both Australian and global institutions. Our investment team brings deep, hands-on expertise in designing and managing 12-month first mortgage investment products.
Investment Risks
All investments involve risk, and it’s important to understand the factors that can influence returns. Key risks include:**
Credit Risk
Borrowers may not meet repayment obligations.
Liquidity risk
Withdrawal requests may be delayed in certain market conditions.
Interest rate risk
Movements in interest rates may impact investment returns.
Property market risk
Changes in property values may affect loan recoveries.
Regulatory risk
Updates to laws or regulations may affect Fund operations.
Operational risk
Technology, process or documentation errors may impact the Fund’s performance.
Credit Risk
Borrowers may not meet repayment obligations.
Liquidity risk
Withdrawal requests may be delayed in certain market conditions.
Interest rate risk
Movements in interest rates may impact investment returns.
Property market risk
Changes in property values may affect loan recoveries.
Regulatory risk
Updates to laws or regulations may affect Fund operations.
Operational risk
Technology, process or documentation errors may impact the Fund’s performance.
How to Invest
Step 1: Review the Offer Documents
Prior to making an investment, investors should carefully review all offer and disclosure documents, including the Information Memorandum, Side Letter, Constitution and any other material provided in connection with the Fund. Investors should satisfy themselves that the investment is appropriate for them having regard to their investment objectives, financial situation and needs. Independent professional advice should be obtained where considered appropriate.
Step 2: Confirm Investor Eligibility
Investment in the Fund is currently available exclusively to Wholesale including sophisticated Investors, as defined under section 761GA of the Corporations Act 2001 (Cth). Investors will be required to provide a valid Wholesale Investor Certificate or other acceptable evidence of wholesale status prior to the acceptance of any application.
Step 3: Submit Application Documentation
To register your interest in the Fund, investors must complete and submit the Application Form, Subscription Deed and Side Letter in full. This includes investor identification details, AML/CTF information, taxation details, wholesale investor certification, and nominated distribution instructions. Completed application documents should be submitted via email to [email protected].
Step 4: Application Review and Acceptance
All applications are subject to review and acceptance by the Responsible Entity, acting in accordance with the Fund’s Constitution and applicable law. The Responsible Entity reserves the right to accept or reject any application, in whole or in part, at its sole discretion.
Step 5: Funding of Investment
Following confirmation that an application has been accepted, investors must transfer the subscription monies via electronic funds transfer to the Fund’s designated application account. Payment details are set out in the Subscription Deed.
Step 6: Confirmation of Investment
Upon acceptance of the application and receipt of cleared funds, investors will receive a Confirmation of Investment, and their holding will be recorded in the Fund’s register. Distributions will be paid in accordance with the Fund’s distribution policy, as outlined in the Information Memorandum.
For further information or general enquiries regarding an investment in the Fund, please contact us at [email protected] or on 13ORDE (13 6733) between 08:30am and 5:30pm.
Fact Sheet
Information Memorandum
Side Letter
Application Form
Subscription Deed
Constitution
Portfolio Summary Report - Aug 26
Portfolio Summary Report - Jul 26
Portfolio Summary Report - Jun 26
Portfolio Summary Report - May 26
Portfolio Summary Report - Apr 26
Portfolio Summary Report - Mar 26
Portfolio Summary Report - Feb 26
Enhanced Disclosure Report - Available soon
Key contacts for wholesale investors
Please reach out to our Income Fund team for any enquiries.
Other contacts you can call at ORDE
* Effective 1 June 2026.
** Refer to Information Memorandum for more detail.
^ 6.50% p.a. variable equivalent rate for Premium Wholesale Investment.
^^ The distribution rate is inclusive of a fixed 0.50% p.a. premium to the retail distribution rate for a three‑year investment period, to be reviewed thereafter. Any reduction to the premium at that time will result in a corresponding increase to the Management Fee.
This web page does not constitute financial advice. It is also not comprehensive as it is intended to be an overview only, providing a summary of points usually of interest to investors. Intending investors must obtain a copy of the Information Memorandum. An investment can only be made by completing the application form and subscription deed with the Information Memorandum. Intending investors should consider obtaining independent financial advice on whether an investment in the Fund is appropriate for them. All investments, including that of the ORDE Income Fund, involve the risk of losing all or part of investors' investment capital and/or interest. Past performance is not necessarily a guide to future performance.
Research ratings
The Fund has been rated by independent research houses. Research reports are intended for the professional use of financial advisers or wholesale investors only and are only one factor to consider when making an investment decision.
~ Foresight Analytics
The material contained in this document has been prepared solely by Foresight Analytics and Ratings Pty Ltd under Australian Financial Services Licence No. 494552. The material contained in this document is for general information purposes only, and individual financial positions, objectives and circumstances have not been taken into consideration. The information contained in this material should not be acted upon without obtaining advice from a licensed investment professional. It is neither an offer to sell nor a solicitation of any offer to purchase and /or sale of any securities in an investment product or managed investment scheme, derivative, index, or financial instrument, nor is it an advice or a recommendation to enter into any transaction. No allowance has been made for transaction costs or management fees, which would reduce investment performance. Any investment in a financial product or fund involves a degree of risk. Actual results may differ from the reported performance. It is important to note that past performance is not an indication of future performance.
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