When you invest in STC, you’ll be buying shares in STC. As a shareholder of STC, you’ll have an interest in the company’s assets, which includes loans to retirement village developers and/or equity investments. The combination of revenue from loans and capital growth from equity investments delivers shareholders a regular steady income by way of a dividend, paid quarterly.
Drawing on the management teams 20 plus years’ experience in the industry the Directors have evolved a business model that targets experienced capable operators delivering high quality retirement solutions at the premium end of the market. High quality villages in superior locations have proven to be consistent, reliable performers over the past twenty years.
Payments are made direct to your nominated account through Link Market Services with Portfolio Investment Entity (PIE), tax payments deducted at source for greater convenience.
All Loans are secured and backed by personal guarantees of the operators, however, the investment and returns are not guaranteed. All risks are outlined in the STC Product Disclosure Statement (PDS) and Supplementary Document incorporated by reference in PDS.
STC is a PIE, which means that investors pay tax based on their individual Prescribed Investor Rate (PIR).The maximum tax deducted at source is 28% which may offer tax savings to some investors.
You need to hold a current NZ IRD number and NZ bank account to invest in STC.
The loans and equity placements STC makes are used to establish new, or expand, existing retirement villages and aged care facilities, or to assist such ventures in capital restructuring.
Where STC makes loans to retirement and aged care operators, we are paid a return through interest and any other fees or charges payable by the relevant borrower. STC also works to increase the net asset value (NAV) of the company’s shares through investing directly into retirement villages. This investment is re-valued each year by independent valuers specialised in the retirement village industry. Our key investment objective is to invest in retirement and aged care operators in a way that protects and grows our shareholders’ capital, and maintains an attractive income return by way of dividend.
The loans made are typically secured by mortgages over retirement village and aged care facility land and/or property. In addition to a mortgage, STC often also takes general securities over personal property, and guarantees and indemnities from persons associated with the relevant retirement village or aged care facility.
The minimum investment for shares in STC is $5000 and thereafter in multiples of $1000.
If you have a complaint, please contact us by Freephone: 0800 609 600, email us at or write to us at;
Attention: John Jackson
PO Box 113120
Senior Trust Capital Limited is a member of the Financial Services Complaints Limited (FSCL), a not-for-profit external dispute resolution scheme. Their website address is: http://www.fscl.org.nz/