Reports

April 2023 Monthly Report

Written by Tim Keith | Apr 30, 2023 11:26:28 PM

 

CAPSPACE PRIVATE DEBT FUND

Capspace Private Debt Fund invests in short to medium term loans focussed on

viable growing Australian businesses backed by real property security.

FUND PERFORMANCE MARCH 2023

Investor Return: 8%
April 2023

Since Inception: 8%
January 2020

Unit Net Asset Value
$1.00

CAPITAL PROTECTION

LVR This Month: 57%
April 2023

LVR Last Month: 57%
March 2022

% 1st Mortgages
80% (by value)

INVESTMENT PORTFOLIO

No. Loans: 40
as at 30 April 2023

No. in Arrears: 0
as at 30 April 2023

No. of Defaults: 0
as at 31 March 2023

 

SUPPORT FOR AUSTRALIAN BUSINESS

Some Australian businesses are beginning to feel the squeeze as interest rates continue to rise. With banks tightening their lending criteria, it can be tough for small, medium & emerging businesses (SMEs) to get the financing they need to grow when they need it most. It's more important than ever for businesses to have access to flexible and reliable financing options.

That's where Capspace comes in. By offering straight forward loans to SMEs, we provide access to much-needed capital without the hassle and delay of traditional bank lending.

For our investors, not only is Capspace the only private credit Fund that focuses on critical support for SME businesses, we do so because of the security we are able to take to protect investors if things don't go to plan. With 80% 1st mortgages and a Loan to Value Ratio (LVR) of 57% our capital is well protected.