Has anyone used Australian Secure Capital Fund? 7.5% returns legit?

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VyzantineAlexPR

New Member
Hey everyone. Has anyone invested with Australian Secure Capital Fund? It's a term deposit that pays up to 7.5% interest.

I'm thinking about moving the cash part of my portfolio there because bank rates are going down. It looks good, but I'd like to hear from people who've used it themselves.

Thanks!
 
This seems legitimate, but the rate is much higher than usual for a term deposit. You should think about the risk. You could lose all your money. With a bank term deposit, the government backs it. Even without that, these are very safe.
 
They're legit. No question.
I'm a finance broker. Seen them work on the borrowing side. So yeah. Confirmed.
But here's the thing.
It's a Pooled Mortgage Fund. Not a Term Deposit.
Different animal.
Your capital's at risk. Unlikely, but it's there.
 
Hey, you should definitely check out fixed income ETFs – like investing in bonds and corporate credit. You'll probably see similar returns, and you might even get better liquidity and a chance for your money to grow even more.
 
It seems like a sound investment, since property values generally rise. If you've diversified and this only represents a portion of your portfolio, it's worth considering. I've been researching their options as well they offer some good investments you can select from.

Please make sure to do your research and consider emailing them for more details about their investments and performance.
 
If you happen to believe these are “safe” because they’re “property,” it might be worth considering what happened with City Pacific or MFS, or perhaps other Gold Coast based mortgage funds and similar schemes that collapsed during the GFC. It seems many of those ended up causing investors to lose their deposits entirely.
 
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