BAM SMSF Lending Fund
This Fund provides limited recourse borrowing arrangements (LRBA’s) to qualifying self-managed superannuation funds (Borrower) that are subject to an annual audit conducted by an ASIC approved SMSF auditor.
The Borrower can use the LRBA to invest in the following authorised investments:
a) Listed Securities – subject to approval.
b) Unlisted Investments & Securities – such as managed investments & widely held unit trusts subject to approval.
c) Commercial Property (i.e. not residential property) or securities in commercial real property ownership vehicles.
Each LRBA is secured by both:
a) Security over the authorised investment.
b) Mandatory Personal Guarantees from the Superfund’s members.