Premium Income Fund (Wholesale)
Wholesale Subclasses are only available to qualifying wholesale investors.
The Premium Income Fund Wholesale subclasses are designed to meet the needs of qualifying wholesale investors looking for strong, reliable monthly income.
The fund provides the opportunity to invest in a diversified portfolio of mortgage secured commercial loans, backed by real Australian Property.
The Premium Income Fund Wholesale subclasses are suitable for Individuals, Self-Managed Superannuation Funds (SMSF), Trusts, Companies, Family Offices, Sporting Clubs, Churches, Charities and NFP organisations.
For more information, please download the Memorandum of Terms and Conditions (MOTC).
Choose an investment subclass that meets your needs.
The Premium Income Fund is designed to meet the needs of investors looking for consistent, reliable monthly income.
Wholesale - Variable
8.95%*
p.a. nett of fees.Invest today and start earning a monthly income.
✓ $250,000 minimum investment
✓ Monthly distributions
✓ Fixed $1.00 unit price
Wholesale - Fixed
8.90%*^
p.a. nett of fees.Invest today and start earning a monthly income.
✓ $250,000 minimum investment
✓ Monthly distributions
✓ Fixed $1.00 unit price
*Terms & conditions apply. Please note that past performance is not a reliable indicator of future performance. This investment is not a bank deposit and carries risk. Refer to the Memorandum of Terms & Condition (MOTC) and PDS available on our website for full details. All distribution rates quoted above are net of fees and are the prevailing rates as of the 08 May 2026 . Distribution rates are updated monthly, usually at the start of each month. Check our website for current distribution rates. We do not provide guarantees on any invested capital or the investment performance of the Premium Income Fund.
*The Wholesale subclasses are only available to qualifying wholesale investors, with a minimum investment of $250,000. Contact us for further details.
^Fixed for 12 months
Investment Overview
What is the Premium Income Fund?
A mortgage fund, invested in a portfolio of secured commercial loans backed by mortgages over real Australian property.
Our commercial lending company, Rhodes Finance, is in the business of making and managing a portfolio of secured commercial loans. The Premium Income Fund makes capital available to Rhodes Finance, and in return, Rhodes Finance returns interest to the Fund for the benefit of Unitholders.
Through this arrangement, Unitholders will obtain an investment exposure linked to a pool of secured commercial loans which is expected to generate an income return paid monthly.
Who can invest?
Individuals, Self-Managed Superannuation Funds (SMSF), Trusts, Companies, Family Offices, Sporting Clubs, Churches, Charities and NFP organisations.
NOTE: Wholesale Subclass is only available to qualifying wholesale investors.
Minimum Investment Term
12 months
Income Distributions
- Calculated on a monthly basis, and payable by electronic bank transfer to each Unitholder’s nominated bank account.
- Payments are made within first week of each month.
- Investors also have the option of re-investing their distributions via our Distribution Reinvestment Plan (DRP).
What is DRP?
Our Distribution Reinvestment Plan (DRP) is an option for Premium Income Fund (PIF) investors to automatically reinvest your monthly distributions, thus allowing you to harness the full power of compounding.
Fees & Costs
Rates quoted are nett of fees. Management fees are 0.6% for Wholesale subclasses , but are taken out before returns are declared.
For more details, please refer to the Memorandum of Terms & Conditions (wholesale investors).
Withdrawal of funds
Unitholders seeking to withdraw from the Premium Income Fund after the minimum term, must submit a withdrawal participation notice in accordance with the Premium Income Fund withdrawal procedure. We will aim to manage cashflow to enable withdrawals when required but this is not guaranteed.
Fund Performance
Distributions
All distributions have been paid.
Redemptions
All redemption requests
have been fulfilled.
Capital
No Capital loss experienced.
What Our Investors Say
Past Distributions
This is the 12 month distribution history of the Premium Income Fund.
The Premium Income Fund has been paying distributions since 2022. Contact us if you require the complete history of distributions.
| Month | Wholesale Variable | Wholesale Fixed |
|---|---|---|
| May-25 | 9.20 | 9.00 |
| Jun-25 | 9.20 | 9.00 |
| Jul-25 | 9.20 | 9.00 |
| Aug-25 | 9.20 | 9.00 |
| Sep-25 | 8.85 | 8.50 |
| Oct-25 | 8.85 | 8.50 |
| Nov-25 | 8.85 | 8.50 |
| Dec-25 | 8.85 | 8.50 |
| Jan-26 | 8.85 | 8.50 |
| Feb-26 | 8.85 | 8.50 |
| Mar-26 | 8.85 | 8.50 |
| Apr-26 | 8.95 | 9.00 |
Convienient Application Process
Step. 1
Download MOTC & Application Form.
Step 2
Submit your completed Application Form via email (admin@rhodesam.com.au)
Alternatively, click the button to apply online.
Step 3
Transfer your money to our application account.
Step 4
Our fund administrator will verify your identity.
Step 5
We will then issue your unit certificate.
Want to apply for the Wholesale Class?
Please download the Memorandum of Terms & Conditions (MOTC)
You could also conveniently apply online.
For further information, please contact our Investor Relations Manager:
Stephen Croll
0478 413 147
stephen@rhodesam.com.au
Alternatively, contact the office on 1300 425 594
Need more information?
Send us a message and our Investor Relations Manager will call you back to answer any of your questions or concerns you may have. We are here to help.
Distribution Reinvestment Plan (DRP)
Don’t need your distributions in cash yet?
You can put your distributions to work and earn more. Our Distribution Reinvestment Plan (DRP) is an option for Premium Income Fund (PIF) investors to automatically reinvest your monthly distributions, thus allowing you to harness the full power of compounding.
Illustration of Investment performance
This illustration uses the Premium Income Fund Enhanced Subclass
