The TPT Long Term Fund and TPT Select Mortgage Fund have been rated ‘superior’.
TPT Wealth has announced that both its TPT Long Term Fund and TPT Select Mortgage Fund have been given a ‘superior’ four-star rating by independent research house SQM Research.
All three of TPT Wealth’s income funds have now been rated ‘superior’ by SQM Research after the TPT Fixed Term Fund was also given the rating in June.
TPT Wealth general manager Alan Logan said the company was excited and proud to have received the new ratings in recognition of its experienced investment team, credit credentials and a history of over 40 years of funds management.
“The two funds have a strong track record of managing mortgage funds and generating positive returns for investors,” Mr Logan said.
“With interest rates in low single digits, yield-hungry investors face the challenge of finding investment strategies that offer a satisfactory level of income while balancing their need to protect their investment from market fluctuations.”
The TPT Long Term Fund is suitable for investors that are seeking a “relatively secure investment and regular monthly income returns over at least a 9-12 month term” according to TPT Wealth, while the TPT Select Mortgage Fund is suited for investors that are looking for “a competitive regular monthly income over at least a 12-month period”.
“Key customer groups where our investment proposition is really resonating strongly include for-purpose firms such as non-government schools, aged care firms, archdioceses and not-for-profit organisations,” said Mr Logan.
“TPT Wealth is continuing to build our distribution team to meet this demand from a very broad range of customers.”
TPT Wealth recently announced two new appointments to its senior management team amid a “period of growth” for the company.
