Princeton Property Income Fund (PPIF)

A Premier First Mortgage Secured Real Estate Debt Fund

Target Return: Cash Rate plus 6%, currently 10.05% pa.*
Security: First Mortgage, Senior Secured
Distributions: Monthly
Minimum Investment Term: 12 months, then rolling 6-month periods
Loan Terms: 6-24 months

PPIF Investment Overview

The Princeton Property Income Fund (PPIF) provides wholesale investors with access to a professionally managed portfolio of first mortgage-secured real estate loans, focused on mid market residential development and construction projects across Australia’s Eastern Seaboard. The Fund aims to deliver stable, risk-adjusted income through monthly distributions.

Why Invest with the Princeton Property Income Fund?

At Princeton, we combine institutional-grade credit practices with the flexibility of private capital markets. Here’s what makes PPIF a compelling addition to your income portfolio:

Target Net Return: Benchmarking to the RBA Cash Rate + 6%, PPIF aims to deliver superior
income returns with a focus on capital stability.
First Mortgage Security: All loans are secured by first-ranking mortgages, providing a strong asset-
backed capital protection layer.
Monthly Income Distributions: Investors receive stable, predictable cash flows with monthly distributions, ideal for income-focused portfolios.
Strict Lending Standards: No related-party lending is permitted. All credit decisions require unanimous approval by an Independent Credit Committee, ensuring arms-length, conflict-free governance.
Exposure to High-Demand Metro Markets: PPIF focuses on residential construction and land subdivision loans in metro Sydney and key growth corridors, where demand and fundamentals remain strong.
Short-to-Medium Term Investment Horizon: Average loan terms of 6–24 months with investor commitments structured as an initial 12-month term, followed by rolling 6-month extensions with 30 days’ notice for redemption.

Fund Management

We invest in better investing.

Our performance is built on deep expertise and superior risk management, yet fuelled by desire to innovate and improve.

How PPIF Protects and Grows Your Capital

PPIF’s investment strategy is built around risk-adjusted performance and disciplined credit governance:

Loan Sizes: $10M–$50M Targeting experienced developers in mid-market residential projects, with stringent borrower due diligence using the 5Cs credit framework.
Independent Oversight & Governance
- Trustee & Custodian: Perpetual Corporate Trust
- Auditor: Pitcher Partners
- Administrator: Apex Fund Services
5% First Loss Reserve: Princeton co-invests via a 5% reserve, sitting ahead of investor funds – aligning interests and enhancing downside protection.
Full Transparency: Investors benefit from robust reporting, third-party valuation, legal oversight, and project-level access upon request.

Key Metrics & Risk Management

Liquidity is actively managed via staggered loan maturities and a redemption structure that allows exit after the initial 12-month period, with 30 days’ notice for 6-monthly redemption windows.

The PPIF Advantage: Institutional Governance, Private Credit Returns

Whether you’re seeking to diversify away from equities or access the resilience of
Australian real estate credit, the Princeton Property Income Fund offers a best-in-class solution with a proven manager, strong governance, and a track record of capital preservation.

“We provide reliability in an unreliable world”

Michael Fardoulis, Head of Distribution – Investor Products

Disclaimers: This information has been prepared and issued by (Investment Manager, Princeton Financial Services Pty Limited ACN 160 484 551 AFSL 429511) as investment manager of (Princeton Property Income Fund) and is only for the use of persons who are wholesale clients within the meaning of section 761G or 761GA of the Corporations Act 2001 (Cth (“Corporations Act”). The Trust Company (RE Services) Limited ACN 003 278 831, AFSL 235 150 is the trustee and issuer of units in the Fund. The information in this is not available to any person who is a retail client within the meaning of section 761G or 761GA of the Corporations Act. It is general information only and is not intended to provide you with financial advice, and has been prepared without taking into account your objectives, financial situation or needs. You should consider the information memorandum, available request via our website (www.princetonfs.au/contact-us), prior to making any investment decisions.
If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser. This information is only as current as the date indicated, and may be superseded by subsequent market events or for other reasons. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. All investments contain risk and may lose value.

Neither the Investment Manager. nor any company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital.

Neither Princeton nor Perpetual give any representation or warranty as to the reliability or accuracy of the information contained in this information.

Effective return calculation assumes that the cash rate remains constant at 4.35% p.a. for a 12-month period and distributions are reinvested (EAY=(1+r/n)n−1).

The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.