RAW Mortgage Fund Passes 4 Years, £40 Million
RAW is delighted to announce the RAW Mortgage Fund’s assets under management have risen to £42 million.
The fund passed another milestone just two weeks’ previously, marking 4 years since its launch in May 2015. During that period, the fund has returned more than 16% to institutional investors net of fees with 48 months of positive returns and no down months.
Managing Director of RAW Capital Partners, Tim Parkes, said of the fund’s performance “Four years ago, we set out to deliver attractive and consistent returns to investors with a high level of capital security. Today, we can demonstrate success on both counts with a strongly performing loan book that has had no defaults, has no arrears and boasts an average loan to property valuation ratio of only 48%. This is a great result for investors, who I would like to thank for their continued support.”
Much like a traditional building society, the RAW Mortgage Fund originates mortgage loans secured by a first legal charge against residential property. The fund benefits from the interest income generated by the loans. Capital security is provided via very conservative loan to valuation ratios, a first legal charge on the property, and rigorous credit assessment of each lending opportunity.
To find out more call +44 1481 708250 or visit us at 31-33 Le Pollet, St Peter Port, Guernsey GY1 1WQ; RAW Mortgage Fund Factsheet.