Investor FAQs
Find important investor materials, fund details, and compliance documents for the Merx Wholesale 1 PIE Trust.
The Merx Wholesale 1 PIE Trust is a unit trust investment focused on secured loans to business owners and property professionals. As an investor, you’re investing across a diversified portfolio of loans, which helps spread risk and ensures a more stable and efficient investment .
To invest in the Merx Wholesale 1 PIE Trust, you must qualify as a Wholesale Investor as defined in sections 3(2)(a)–(c) or 3(3)(a) of Schedule 1 of the Financial Markets Conduct Act 2013 (FMCA). The fund is not suitable for retail investors .
The fund invests in secured loans to business owners and property professionals. This approach provides diversification across different borrowers, industries, and risk profiles, contributing to a more stable investment .
Merx’s management team invests their own funds alongside investors in the fund. This means they share the same risks and potential rewards, fostering a true sense of partnership, transparency, and accountability .
While there is no stated minimum investment amount, most investors choose to start investing with around $200,000 and build from there .
The fund makes distributions monthly to investors. Investors can choose to have distributions paid out monthly or reinvested into their investment account .
Investors can:
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Set up a standing order to withdraw reinvested returns, with no exit fee.
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Redeem units without an exit fee, provided six months’ notice is given.
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Redeem units within the six-month notice period and incur an exit fee of 2.5% of the withdrawal amount .
Yes, the fund operates under the Portfolio Investment Entity (PIE) regime, which can be tax-efficient for investors in higher tax brackets. The tax rate on returns is essentially capped at 28%. It’s recommended to consult a tax specialist to determine if this structure is right for you .
If you qualify as a Wholesale Investor, you can start by reaching out to Merx at [email protected] or by calling 09 215 9364. They will guide you through the investment process .
No, the Merx Wholesale 1 PIE Trust does not lend money to Merx management or any other related parties, ensuring transparency and integrity in investments.
Detailed information about the fund’s performance, including monthly returns and cumulative returns since inception, is available on Merx’s Fund Performance page .