Our Real Income Fund was launched in late 2024.  Unlike our five other closed end direct property funds, the Carpe Diem Real Income Fund (CDRIF) is an open ended investment fund which has monthly opportunity for new investments and investor redemptions.  The Fund has a diversified investment portfolio which is invested in a portfolio of assets backed by real assets – property and/or infrastructure.  The Fund will pay investors an annualised yield on a monthly basis targeted to be at least equivalent to the RBA cash rate + 3.65%.  The manager takes no base funds management fees.

Capital preservation and consistency of yield are core investment targets.  An increase in capital value is a secondary target, providing potential annualised returns in excess of 10% p.a.

The Real income Fund invests in investments backed by real estate.  These include a mix of listed REITs and other listed entities, private credit, unlisted property funds, and direct investments in real estate.

The Fund takes new investment applications on a monthly basis.