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With Norfolk, you receive interest distributions from your investment on a monthly basis. This gives you the option of a steady income stream, or you have the choice to reinvest your distribution. Reinvesting means that your distribution is added to your investment balance and through compounding interest your investment grows.
The pre-tax distribution paid for the month ending 29 February 2024 was 7.25%. This is calculated on an annualised basis.
Invest $10,000 and see your final value after a month, calculated with our current unit price, return and the max tax rate of 28%. Simple, clear, and direct – know exactly what your investment gets.
With your monthly returns, you decide: the funds can be transferred to your bank for monthly income or they can be reinvested to keep your investment’s growing.
Interest rate is annualised and interest is calculated daily. This calculation assumes that the investor has been invested for the entire month.
| Investment | $10,000.00 |
| Unit Price | $0.9716 |
| Current Return (Feb. 2024) | 7.25% p.a |
| Gross Interest return | $61.58 |
| PIE Tax at 28% | $17.24 |
| Net Investment | $10,044.33 |
If you’re looking for a smarter investment option, get in touch.
*Past returns do not guarantee future performance.
| Month | NMT Distribution Rate | Fund Loan to Value Ratio (LVR) | NMT Unit Price** |
|---|---|---|---|
| Mar-24 | 7.25% | 46.34% | 0.9715 |
| Feb-24 | 7.25% | 45.94% | 0.9716 |
| Jan-24 | 7.25% | 45.53% | 0.9715 |
| Dec-23 | 7.25% | 45.32% | 0.9718 |
| Nov-23 | 7.10% | 44.96% | 0.9718 |
| Oct-23 | 7.00% | 44.38% | 0.9715 |
| Sept-23 | 7.00% | 44.22% | 0.9714 |
| Aug-23 | 7.00% | 45.41% | 0.9709 |
| Jul-23 | 7.00% | 45.84% | 0.9715 |
| Jun-23 | 7.00% | 46.42% | 0.9714 |
| May-23 | 6.50% | 45.94% | 0.9717 |
| Apr-23 | 6.75% | 47.76% | 0.9703 |
| Mar-23 | 6.00% | 47.78% | 0.9701 |
| Feb-23 | 6.00% | 46.86% | 0.9695 |
| Jan-23 | 6.00% | 47.24% | 0.9699 |
| Dec-22 | 6.00% | 47.27% | 0.9702 |
| Nov-22 | 6.00% | 47.13% | 0.9707 |
| Oct-22 | 6.00% | 47.59% | 0.9698 |
| Sep-22 | 6.25% | 47.30% | 0.9695 |
| Aug-22 | 5.70% | 47.15% | 0.9693 |
| Jul-22 | 5.70% | 47.15% | 0.9689 |
| Jun-22 | 5.60% | 45.05% | 0.9688 |
| May-22 | 5.50% | 46.07% | 0.9686 |
| Apr-22 | 5.50% | 45.00% | - |
** Unit price is calculated on the NAV at the end of the previous calendar month and applies to all investments and redemptions for the following calendar month.
Units in the Norfolk Mortgage Trust are issued by the Trust’s manager, Norfolk Mortgage Management Limited. Download the Product Disclosure Statement (PDS) on our website, visit our office for a hard copy, or email us at invest@norfolktrust.co.nz to request one.
Suite D, Level 1, 7 Windsor Street
Parnell, Auckland 1052
All right reserved © Norfolk 2024
Units in the Norfolk Mortgage Trust are issued by the Trust’s manager, Norfolk Mortgage Management Limited. Download the Product Disclosure Statement (PDS) on our website, visit our office for a hard copy, or email us at invest@norfolktrust.co.nz to request one.
All rights reserved © Norfolk Mortgage Trust 2024
Suite D, Level 1, 7 Windsor Street
Parnell, Auckland 1052
Suite D, Level 1, 7 Windsor Street
Parnell, Auckland 1052
Units in the Norfolk Mortgage Trust are issued by the Trust’s manager, Norfolk Mortgage Management Limited. Download the Product Disclosure Statement (PDS) on our website, visit our office for a hard copy, or email us at invest@norfolktrust.co.nz to request one.
All right reserved © Norfolk 2023