Are investors guaranteed their capital and interest return?
No, the notes are structured to provide investors the best opportunity to ensure return of capital and the receipt of interest, however the return cannot be guaranteed.
When are distributions paid?
A1 notes are paid at maturity. A2 notes are paid quarterly on the 3rd December, March, June, September.
Can I reinvest my distribution?
No reinvestment plan exists. Further investment is required via note purchase.
Can I withdraw money from the bond?
The bond notes can be traded between investors, however, a liquid secondary market may not always be available. The notes can only be redeemed at their prevailing maturity.
All underlying loans are secured loans or have insurance coverage
All underlying loans are secured loans or have insurance coverage.
Is Remara a bank?
No, Remara is not an Authorised Deposit Taking institution (ADI).
Is an Investment into the Private Credit Trust 2021-1 covered by the Australian Government deposit guarantee?
No, Remara is not an ADI.