AFM Fund Profile — ASCF Premium Capital Fund

Fund & Manager Details

Key Facts

Fund Type: Single Discretionary/Quantitative: Discretionary
Strategy: Private Debt/Mortgage This Funds FUM (millions): AU$27.1m
Style: N/A Fund Inception Date: Since 01 March 2020
Geographic Mandate: Australia Latest Return Date: May 2026
Fund Domicile: Australia Investor Type: Retail
Status: Open Reporting Status: Current

Manager Details and Fund Description

Manager: Australian Secure Capital Fund Total FUM for all funds: AU$319.64m
Manager Overview:

Established in 2016, Australian Secure Capital Fund Ltd (ASCF) is a Brisbane based fund manager operating three pooled mortgage investment funds: ASCF Premium Capital Fund, ASCF Select Income Fund and ASCF High Yield Fund. Unlike peer to peer lending, where investors will invest directly in a single loan, all investments in ASCF funds are spread across the entire pool of loans. This helps to minimise the impact of any losses incurred by a Fund. ASCF does not provide any construction or development funding to property developers.

Since inception; all investors have received their distribution payments on time and in full, all investor redemption requests have been met on time and in full, and no investor has ever suffered a realized loss of capital.

 Fund/Strategy Overview:

The fund offers financing, typically between 1 and 12 months, to small to medium businesses and individuals bypassed by traditional financiers. A stringent criterion is adopted, ensuring all loans are secured by a first ranking mortgage over Australian real property, including commercial and residential assets, with a maximum Loan to Valuation Ratio of 70 per cent. This lower LVR provides additional capital protection.

The fund focuses on loans based on the property's current value, avoiding construction finance. Investors commit to fixed investment terms, with automatic rollover unless a timely withdrawal notice is provided.
Other funds operated by manager:
ASCF High Yield Fund, ASCF Private Fund, ASCF Select Income Fund

Investment Details

Investment Terms

Minimum Investment: Minimum Additional Investment: Minimum Term: Investment Frequency:
AU$5,000 AU$5,000 3 Months Daily
Regular Savings Option: Regular Savings Min. Amount: Regular Savings Max. Amount: Regular Savings Freq.:
No AU$0 AU$0 N/A 
Redemption Notice: Redemption Frequency: Notes:
1 Months Daily
 Redemption notice is 1-3 months dependi...
Distributions: Distribution Frequency: Last Distribution Date: Last Distribution Amount:
Yes Monthly AU$

Structure

Offshore/Onshore: Fund Structure: Share Classes: Trustee/Responsible Entity:
Onshore Unit Trust AU$ Australian Secure Capital Fund Ltd
Administrator: Prime Broker: Custodian: Legal:
N/A N/A Certane CT Pty Ltd McMahon Clarke

Fund Fees

Management Fee: Performance Fee: High Water Mark: Hurdle:
% % N/A N/A
Buy Spread: Sell spread: Early Redemption Fee: Fees Notes:
% % Yes Management and Performance Fees not app...

Performance & Risk

Returns

Latest Return Date: Latest Result: Fund Inception Date: Annualised Return:
May 2026 0.55% 01 March 2020 5.90%
Latest 3 Months: Latest 6 Months: Latest 12 Months: Latest 2 Years p.a.:
1.68% 3.38% 7.05% 7.08%
Latest 3 Years p.a.: Latest 4 Years p.a.: Latest 5 Years p.a.: Latest 7 Years p.a.:
6.87% 6.43% 6.15% N/A

Performance Statistics

% Positive Months (S.I.): Average Return: Average +ve Return: Average -ve Return:
100.00% 0.48% 0.48% N/A
Best Month: Worst Month: Up Capture Ratio (S.I.): Down Capture Ratio (S.I.):
0.63% 0.32% 48.52% -42.57%
Largest Drawdown (S.I.): Longest Drawdown (S.I.): Current Drawdown (%): Current Drawdown (Months):
0.00% 0 months 0.00% N/A

Risk

Annualised Standard Deviation (S.I.): Downside Deviation (S.I.): Sortino Ratio (S.I.): -
0.28% 0.00% N/A -
Sharpe Ratio (12 months): Sharpe Ratio (3 years): Sharpe Ratio (5 years): Sharpe Ratio (S.I.):
21.40 16.22 9.78 9.92
Please note, Sharpe and Sortino ratios are calculated using the Australian Risk Free Rate

Ranking, Research & Availability

Fund Quintile in its Peer Group (Real Estate Debt) as at April 2026

AFM's Quintile Rankings show performance and Key Performance Indicators (KPI's) of ASCF Premium Capital Fund compared to a peer group of funds with a similar strategy and geographic mandate. Each green square places a fund in one quintile (or 20%) of its peer group - five indicating that the fund is in the top (best) quintile for the corresponding KPI.

As a reference point the equivalent "quintile" performance of the peer group's underlying market index is also indicated by the red dot.

1 Year
3 Year
5 Year
7 Year
ASCF Premium Capital Fund
RBA Cash Rate + 3%

External Research and Ratings: As reported by each Fund Manager.

No external fund ratings provided

Availability:As reported by each Fund Manager.

Available on Investment Platforms:
OLIVIA123

News & Insights

›
‹
Australian Secure Capital Fund - Property Update
10 Jun 2026 - Australian Secure Capital Fund
April was a slower month for Australian property values, posting a national rise of 0.3%, the lowest monthly growth rate since January 2025. (1-minute read)
Read more...
Australian Secure Capital Fund - Property Update
5 May 2026 - Australian Secure Capital Fund
March was another steady month for Australian property values, posting a national rise of 0.7%, down slightly from 0.8% in February. (1-minute read)
Read more...
Australian Secure Capital Fund - Property Update
24 Mar 2026 - Australian Secure Capital Fund
February was another strong month for Australian property values, posting a national rise of 0.8% for the second consecutive month. Perth (+2.3%) again led the way with a second straight monthly rise of greater than 2%... (1-minute read)
Read more...
Australian Secure Capital Fund - Property Update
23 Feb 2026 - Australian Secure Capital Fund
House prices bounced back in January after a slower December, rising by 0.8% nationally. After slight falls last month, values in Melbourne and Sydney rebounded, while Brisbane, Adelaide, Perth, and Darwin all saw increases of 1.2% or greater. (1-minute read)
Read more...

Fund Documents

Manager's Report

Product disclosure/IM

Target Market Determination



Fund Performance

Historical Performance (all figures shown here are net of fees unless otherwise stated)

Year Jan % Feb % Mar % Apr % May % Jun % Jul % Aug % Sep % Oct % Nov % Dec % YTD %
2026 0.57 0.52 0.57 0.55 0.55 N/R N/R N/R N/R N/R N/R N/R 2.79
2025 0.59 0.53 0.59 0.56 0.58 0.56 0.58 0.58 0.56 0.59 0.63 0.58 7.15
2024 0.55 0.52 0.57 0.55 0.58 0.55 0.59 0.59 0.57 0.58 0.58 0.59 7.02
2023 0.43 0.40 0.45 0.42 0.46 0.43 0.50 0.51 0.50 0.52 0.51 0.53 5.79
2022 0.42 0.36 0.42 0.41 0.42 0.40 0.41 0.42 0.40 0.42 0.40 0.42 5.00
2021 0.42 0.33 0.42 0.42 0.43 0.40 0.40 0.43 0.42 0.42 0.41 0.42 5.04
2020 N/R N/R 0.34 0.32 0.39 0.44 0.41 0.42 0.40 0.40 0.42 0.41 4.02

Historical Financial Year Performance (all figures shown here are are percentage per month net of fees unless otherwise stated)

Year Jul % Aug % Sep % Oct % Nov % Dec % Jan % Feb % Mar % Apr % May % Jun % FYTD %
2025/2026 0.58 0.58 0.56 0.59 0.63 0.58 0.57 0.52 0.57 0.55 0.55 N/A 6.45
2024/2025 0.59 0.59 0.57 0.58 0.58 0.59 0.59 0.53 0.59 0.56 0.58 0.56 7.13
2023/2024 0.50 0.51 0.50 0.52 0.51 0.53 0.55 0.52 0.57 0.55 0.58 0.55 6.56
2022/2023 0.41 0.42 0.40 0.42 0.40 0.42 0.43 0.40 0.45 0.42 0.46 0.43 5.17
2021/2022 0.40 0.43 0.42 0.42 0.41 0.42 0.42 0.36 0.42 0.41 0.42 0.40 5.04
2020/2021 0.41 0.42 0.40 0.40 0.42 0.41 0.42 0.33 0.42 0.42 0.43 0.40 4.99
2019/2020 N/A N/A N/A N/A N/A N/A N/A N/A 0.34 0.32 0.39 0.44 1.50

General Notes

Performance shown is the aggregate return for all investors across all investment terms (3, 6, 12 and 24 months).

Redemption notice is 1-3 months depending on investment term.