Premium Income Fund - Retail
The Premium Income Fund is designed to meet the needs of 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 is suitable for Individuals, Self-Managed Superannuation Funds (SMSF), Trusts, Companies, Family Offices, Sporting Clubs, Churches, Charities and NFP organisations.
We offer 4 subclasses which are suited to a range of investment goals.
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.
Standard subclass
7.95%*
p.a. nett of fees.7.80%*^
p.a. nett of fees.Invest today and start earning a monthly income.
✓ $5,000 minimum investment
✓ Monthly distributions
✓ Fixed $1.00 unit price
Enhanced subclass
8.45%*
p.a. nett of fees.8.30%*^
p.a. nett of fees.Invest today and start earning a monthly income.
✓ $100,000 minimum investment
✓ Monthly distributions
✓ Fixed $1.00 unit price
Disclaimer
*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 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.
^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.
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 range from 1.10 to 1.60% depending on the subclass, but are taken out before returns are declared.
For more details, please refer to our PDS.
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 | Enhanced subclass | Standard subclass |
|---|---|---|
| May-25 | 8.70 | 8.20 |
| Jun-25 | 8.70 | 8.20 |
| Jul-25 | 8.70 | 8.20 |
| Aug-25 | 8.70 | 8.20 |
| Sep-25 | 8.35 | 7.85 |
| Oct-25 | 8.35 | 7.85 |
| Nov-25 | 8.35 | 7.85 |
| Dec-25 | 8.35 | 7.85 |
| Jan-26 | 8.35 | 7.85 |
| Feb-26 | 8.35 | 7.85 |
| Mar-26 | 8.35 | 7.85 |
| Apr-26 | 8.45 | 7.95 |
Convienient Application Process
This application process is for the retail fund (Standard subclasses & Enhanced subclasses)
Step. 1
Download PDS & Application Form.
Step 2
Submit your completed Application Form via email (investors@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.
Need to know more?
You are welcome to contact our Investor Relations Manager directly.
Stephen Croll
0478 413 147
stephen@rhodesam.com.au
Alternatively, you can contact our office on 1300 425 594.
Still researching? See our compounding option
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
For illustration purposes, a constant rate of return is used, however in reality, rates may vary from month to month.
