Are loans secured or unsecured?
Currently all loans are unsecured.
What am I investing in?
You are investing in Loan Units, where one unit is equivalent to $1. These Loan Units are linked to loans you have selected and give you an economic interest in the loans that are provided by OurMoneyMarket Lending Pty Ltd to creditworthy borrowers. The loans are unsecured personal loans. OurMoneyMarket opens up the personal loan […]
What is the minimum investment I can make?
You can invest as little as $50 in Loan Units linked to any single loan, and there is currently no maximum, however OurMoneyMarket reserves the right to cap your investment at its discretion. A $50 minimum investment also applies to any automatic reinvestment settings.
What is the minimum deposit I can make?
The minimum deposit is $50 to get started as an investor in the OurMoneyMarket Investment Trust.
What is fractionalization?
Instead of investing in one loan where your investment exposure is then at risk to one individual borrower, our fractionalization facility lets you invest as little as $50 in potentially thousands of borrower loans, thus reducing the risk of loss in the event of a borrower default. For example, if we assume every loan in […]
What are the investment terms available?
You can invest in loans that have a term of 1 year to 7 years, or such other term that may on occasion be made available.
How does the registration process work?
To register simply do the following: Register to Invest – click the ‘Register to Invest’ button available on the OurMoneyMarket home page once you click ‘Calculate’ under the ‘Invest’ option, or via the ‘Invest’ option on the main homepage or just below to start. 5-Minute Registration Form – Complete a simple online registration form that […]
Can I invest through a self-managed superannuation fund?
Yes. OurMoneyMarket accepts investments through self-managed superannuation funds (“SMSFs”). SMSFs are generally structured as trusts. Please ensure you select the appropriate investment entity when registering to invest in the OurMoneyMarket Investment Trust. Contact us on 1300 990 115 or email us via [email protected]
How do I change my contact details?
You can change your contact details by logging into your OurMoneyMarket account and clicking on ‘My Account’, and then clicking on ‘Contact Details’ where you will be able to edit the required fields, before clicking on ‘Save’. Alternatively, you can call 1300 990 115.