BALANCED SECURITIES PRODUCTS

In June 2010 in an update of Regulatory Guide 69, the Australian Securities and Investments Commission (ASIC) set out its view of the interpretation of the relevant section of the Corporations Act which was that an investment product of this nature which was previously described as "debentures" should now be formally described as an "unsecured note" or "unsecured deposit note" and for this purpose will be referred to through out this website as "unsecured notes".

Although there is a change in description the security for the investment remains unchanged: Australian Executor Trustees Limited holds a charge over all the assets of the Company as trustee for the investors. An indication of the level of security which this provides is given by the amount of the Companyıs equity capital which as at 30 June 2011 exceeded $80 million.

Balanced Securities provides investors with consistent and above average returns on unsecured notes secured by first mortgages over real estate assets for the full term of the unsecured note with no 'down time' between mortgage loans.

The unsecured note is not a bank deposit and the Company has not been rated by an external rating agency to assess the risk that an investor's principal and interest may not be paid.

Since commencement of trading as a public company on 24 December 1999, the Company has never defaulted on a payment of principal or interest on the unsecured notes. The Directors commend potential investors to read the prospectus and the investment it offers.

Investments may be made in multiples of $1,000 with the minimum amount generally being $10,000. There are no entry fees deducted from funds invested and no exit fees on funds withdrawn at the end of their full term. Terms are for six months to five years. Click here for current interest rates on offer.