How is DirectMoneys investment approach different to other fund managers?
We are the only income fund investing directly in personal loans. Unlike many income funds, we always require borrowers to make monthly principal repayments by direct debit from the borrowers’ bank account. We do not make commercial loans and with an average loan size of $10,000 – $20,000 the fund expects to be diversified over many prime borrowers to minimize the impact of any single loan failure. We never loan to related parties, never capitalise interest and never loan on property development.
