How can I invest in the Balmain (MMT) Mortgage Trust and Balmain (MWMT) Mortgage Trust? The Balmain (MMT) Mortgage Trust is current closed to applications and the Product Disclosure Statement has been removed from the market as of 4 January 2012.
As well, the Balmain (MWMT) Mortgage Trust is currently closed to applications and the Product Disclosure Statement has been removed from the market as of 15 September 2010.
Please refer to the ‘News’ section for the official letter on the FT36 Redemption payment.
I am an Existing Units investor, what is the term of my investment? We expect that the full payment of your total investment amount will take approximately six years and three months from the first payment of Compulsory Redemptions (15 March 2010). This period may be reduced if we pay Supplementary Compulsory Redemptions to Existing Unitholders during this time.
Please refer to the ‘Redemptions’ page for more information on the quarterly Compulsory Redemptions for Existing Units.
How do I make a redemption? Investments in the fund are not generally available for immediate or at call redemptions. Please refer to our Redemptions page.
Am I able to redeem my investment if I am in financial hardship? Special Hardship redemptions from the Trust are applicable to unitholders in both the Balmain (MMT) Mortgage Trust and the Balmain (MWMT) Mortgage Trust. Unitholders must submit a Financial Hardship request and each request is assessed and processed under Hardship guidelines. The Hardship application forms and more information on Hardship can be obtained by contacting our Investor Services team on 1800 225 624 or email balmainfunds@balmain.com.au.
When are distributions paid? Unitholders’ income entitlements are calculated daily and distributions are paid monthly to your nominated bank account on or around the 8th business day of the month.
How can I change details on my account? All changes on your account must be submitted in writing to our registry department. You may submit your own written instruction or complete our Change of Details form and return to:
Balmain Funds C/- Mainstream FundBPO GPO Box 4968 SYDNEY NSW 2001
Our Change of Details form can be found HERE
Who is Mainstream FundBPO and why am I sending my information to them? Mainstream FundBPO is the registry service provider for the Balmain (MMT) Mortgage Trust and the Balmain (MWMT) Mortgage Trust. As registry, Mainstream FundBPO process all requests from investors in the Trust. The mailing address for Mainstream FundBPO is:
What do I need to do to transfer an account into a new name? In order to process a transfer from an existing account into a new name, we require a completed Balmain Funds Standard Transfer form and a certified copy of identification (eg. front and back of current drivers licence or current passport). Please note that no NSW stamp duty is payable as the units are held in Victoria.
Transfers are only allowed within the same unit class (ie. Existing to Existing and MWMT to MWMT). No transfers from wholesale to retail, or vice versa, are permitted.
For more information, please feel free to contact our Client Services team on 1800 225 624. A copy of the Balmain Funds Standard Transfer form is available on the forms page here.
What are your Deceased Estate requirements? Our Deceased Estate requirements are outlined on the forms page here.
I have more questions, who can I contact for more information? For further information on the Balmain (MMT) Mortgage Trust and the Balmain (MWMT) Mortgage Trust, please do not hesitate to contact our Client Services team on 1800 225 624 or email us at unitregistry@mainstreambpo.com
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Snapshot as at 04 July 2022
Balmain Base Rates are our indicative base rates for commercial property lending. A lending margin is added to these rates depending on the nature and term of the transaction.