InvestSMART

CVS Lane First Mortgage - Managed Fund

Fund Objective
The objective of the Fund is to provide Investors with strong risk-adjusted returns by investing in a diversified portfolio of First Mortgage property finance transactions through special purpose vehicles (Investment Entities). The Fund aims to efficiently deploy the Fund capital, which it expects to recycle a number of times during the Investment Term. The Fund aims to provide regular distributions to Investors as Investments mature.
Fund Strategy
The Investment Mandate of the Fund is First Mortgage property finance transactions, which includes the following: -First Mortgage Land Loans, -First Mortgage Construction Loans, -First Mortgage Commercial Property, -Transactions of a similar of related nature, collectively referred to as Underlying Investment. The Trustee may decide to invest in other First Mortgage property finance transactions based on Underlying Investments that it determines will meet the Fund's objectives at an acceptable level of risk for the Fund.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.66% 3.3% 5.39% 9.92% 8.26% 8.55% 8.08% -%
Growth return -1.39% -0.01% -0.08% -0.55% -% -0.7% 0.26% -%
Income return 2.05% 3.31% 5.47% 10.47% -% 9.25% 7.82% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.89% 1.84% 4.04% 4.25% 4.09% 2.64% 2.1%
As at 30 Nov 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
79.43%
Australian Equities
0.03%
International Equities
0.03%
Cash
19.48%
Property & Infrastructure
1.03%
Alternatives
0%

General Information

Fund Details
Type Description
CVS Lane First Mortgage
CVS0681AU
Mortgages
Not Rated
Investment Fund
19 May 2017
$469.29 million (as at 31 Jul 2023)
$1.1015 (as at 30 Nov 2025)
$1.1015 (as at 30 Nov 2025)
Open
Offer information
Type Description
MER 0.63% (as at 30 Jun 2025)
Indirect Cost Ratio (ICR) 0.63% (as at 30 Jun 2025)
Performance fee (not included in ICR) Not Available
Minimum initial investment $250,000
Minimum additional investments $100,000
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the CVS Lane First Mortgage

The objective of the CVS Lane First Mortgage managed fund is The objective of the Fund is to provide Investors with strong risk-adjusted returns by investing in a diversified portfolio of First Mortgage property finance transactions through special purpose vehicles (Investment Entities). The Fund aims to efficiently deploy the Fund capital, which it expects to recycle a number of times during the Investment Term. The Fund aims to provide regular distributions to Investors as Investments mature.

The strategy of the CVS Lane First Mortgage managed fund is The Investment Mandate of the Fund is First Mortgage property finance transactions, which includes the following: -First Mortgage Land Loans, -First Mortgage Construction Loans, -First Mortgage Commercial Property, -Transactions of a similar of related nature, collectively referred to as Underlying Investment. The Trustee may decide to invest in other First Mortgage property finance transactions based on Underlying Investments that it determines will meet the Fund's objectives at an acceptable level of risk for the Fund.

The APIR code of the CVS Lane First Mortgage managed fund is CVS0681AU.

CVS Lane First Mortgage’s total return last month was 0.66%. This was made up of a growth return of -1.39% and an income return of 2.05%. These returns were calculated as at 30 Nov 2025.

CVS Lane First Mortgage’s total return for the last three months was 3.3%. This was made up of a growth return of -0.01% and an income return of 3.31%%. These returns were calculated as at 30 Nov 2025.

CVS Lane First Mortgage’s one-year total return is 9.92%. This was made up of a growth return of -0.55% and an income return of 10.47%. These returns were calculated as at 30 Nov 2025.

CVS Lane First Mortgage’s one-year total return is 8.55%. This was made up of a growth return of -0.7% and an income return of 9.25%. These returns were calculated as at 30 Nov 2025.

The asset allocation of the CVS Lane First Mortgage managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Alternatives
0%

The CVS Lane First Mortgage managed fund belongs to the Mortgages sector/asset class.

As at 31 Jul 2023, the size of the CVS Lane First Mortgage managed fund was $469.29 million.

The CVS Lane First Mortgage managed fund has an inception date of 19 May 2017.

The current entry price of the CVS Lane First Mortgage managed fund is $1.1015 per unit and the current exit price is $1.1015 per unit (as at 30 Nov 2025).

The current exit price of the CVS Lane First Mortgage managed fund is $1.1015 per unit and the current entry price is $1.1015 per unit (as at 30 Nov 2025).

The minimum initial investment amount for the CVS Lane First Mortgage managed fund is $250,000. Minimum additional investment is $100000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.