Many investors are seeking higher returns in alternative investments but struggle with performing proper due diligence to avoid falling victim to scams. If you are considering investing in a managed fund and want to ensure it is legitimate, there are several steps you can take to verify whether the fund manager is fully licensed and credible.

At Rhodes Asset Management, we are committed to transparency. Here is how you can investigate us to confirm that we are a fully licensed fund manager with a track record of integrity:

1. Australian Financial Services Licence (AFSL):
   We hold AFSL number 464772, which you can verify on the ASIC website. Always check if a fund manager holds a valid AFSL before investing.
2. Learn to Spot Scammers:
   Visit the ASIC Moneysmart website for guidance on how to detect scams. Be cautious of websites and email addresses that look suspicious, and always research the people you’re dealing with. If you can’t find any credible information about them, proceed with caution.
3. Be Wary of Bonds and Term Deposits:
   Scammers often target bonds and term deposits. If you’re unfamiliar with how these work, or unsure of the legitimacy of a bond broker, read this guide on imposter bond scams.
4. Verify Our Team’s Credentials:
   You can visit our website at www.rhodesam.com.au and research our management team. Our directors and managers have decades of experience in finance and funds management, which you can easily verify.
5. Meet Our Leadership Team:
   Wally Djachenko, Managing Director & Responsible Manager, has over 35 years of business experience, including 14 years in financial services. His extensive background in accounting, business advising, and financial structuring can be verified with a simple online search.
   Ian Chester-Master, Director, Responsible Manager & Compliance Manager, brings 40 years of experience in financial services, including his time as a Certified Financial Planner and a former Chairman of the Financial Planning Association (Brisbane Chapter).
   Javier Arango, Director & Fund Manager, has over 25 years in the financial sector and has held senior roles in investment operations and fund management. He played a key role in launching a contributory mortgage scheme before joining Rhodes.
   Stephen Croll, Investor Relation Manager, has 38 years of finance experience, including roles in commercial lending, business development, and mortgage broking. He holds various finance and real estate certifications and is RG146 compliant.
6. Check Our Social Profiles:
   Visit our Facebook page and our LinkedIn page to see our updates, blogs, and reviews.
7. See Us in Person:
   You can visit our office at Suite 1, The Hub, 2 Lorraine Street, Capalaba QLD 4157, or even send a friend or an Uber driver to verify our presence.
8. Speak to Our Custodian:
   For added protection to our Investors, the Premium Income Fund has an independent Custodian, MSC Certane – upon request we can you can provide the name of our Relationship Manager who can confirm our legitimacy.
9. Google Business and Reviews:
   We also have a verified Google Business page. Google’s strict policies ensure that we meet the standards for legitimate businesses.
10. Rhodes Premium Income Fund:
    Offering competitive returns of 8.20% – 9.20% p.a. nett of fees*, the Rhodes Premium Income Fund provides a strong value proposition backed by Australian real estate. Since inception, all investors have received their monthly distributions on time.

Before making any investment, especially if you can’t verify the details above for other companies, take careful steps to confirm their credibility. Investing is about trust, and we encourage you to do your due diligence to avoid scams.

If you have any questions, feel free to contact our Investor Relations Manager, Stephen Croll, at 0478 413 147 for a confidential discussion.

Stephen Croll

Investor Relations Manager
(M) 0478413147
(E) Stephen@rhodesam.com.au
Authorised Representative 1298093

Rhodes Asset Management Ltd AFSL 464772 ACN 165 917 813