Low management fee of 0.78% p.a.
Altvest is available to Wholesale and Sophisticated investors in Australia with a minimum investment of $20,000.
It's your choice to reinvest or receive your distribution payment
There is no lock up period for your investment. Redemption is available with a notice period of 30 days from the end of the month.
the fund offers a secured loan to Grapple. Grapple use these funds to provide Australian SMEs with a secured line of credit through Grapple’s unique invoice finance offering and market leading proprietary platforms.We've built a secure way for you to access this investment.
Robust credit analysis is performed on each client and individual debtors as part of the
credit approval process.
General security deeds and director guarantees are held and all facilities and related security are registered on the PPSR (Personal Property Securities Register).
Over 2000 quality debtors are paying Grapple directly, and the average funded invoice ranges between $700-$1,200.
Grapple's portfolio is repaid and
reinvested every 1-3 months.
Any debtor invoice unpaid 90 days
after end of month of issue is
automatically disapproved and repaid
from the clients' account.
Grapple to bear losses amounting to the greater of $200,000 or 10% of the funds loaned from the trust to Grapple.
By offering Grapple a secured loan to fund Australian businesses, altvest aims to make healthy returns for their investors, while supporting the greater Australian economy.
This is not a bank deposit. There are risks as explained in the Investor Memorandum, including the risk of losing part or all of your money.
The results from this calculator should be used asan indication only. Get your Investor Pack to get more information about the future of investment.
Monthly, it’s your choice to reinvest or receive your distribution payment.
We ask for a notice period of 30 days from the end of the month. However, we will endeavour to meet requests as soon as possible subject to sufficient liquidity.
We've built a secure way for you to access this investment, and benefit from the higher returns normally only available to banks and large institutions.The management team is comprised of experienced professionals, who strive to bring this investment to you in a secure way.
altvest actively controls the loan to grapple, secured with extensive due diligence, reporting, risk, compliance, and provision for losses.
Over $A16 billion of funds under administration and supervision in Australia and New Zealand.
Global provider of fund administration services, independently owned with $960 billion under administration.
Financed over 120,000 invoices, providing more than $85 million in funding to Australian SMEs with no losses to date.