FAQs

When you invest in STC, you’ll be buying shares in Senior Trust Capital. 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.

Your return is made up of a quarterly distribution of 2 cents per Share, per quarter plus any capital growth in the Net Asset Value of each Share that is achieve each year. The dividend distribution policy is fully outlined in our Product Disclosure Statement. Distribution of dividends is set at the lower of 2 cents per Share per quarter, or 90% of the cash profits generated in the preceding quarter inclusive of any carried forward undistributed profits. It is important to note that this is not a fixed rate of return and may vary or not be paid at all if performance does not merit it. Dividends are not guaranteed and will be declared only after meeting appropriate solvency requirements.

The history of earnings per share for the past five years*

*Information Sourced from Audited Financial Statements

These consistent earnings have supported a steady 8 cents per annum distribution to STC's shareholders.

Payments are made direct to your nominated account through Link Market Services with 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 Senior Trust Capital Product Disclosure Statement, which is available here.

STC's shares are not traded freely on an open market. However, as Senior Trust Capital is a continuous issuer of shares, it has the capability to work with investors to on-sell their shares to new incoming investors. STC has a database of past, present and prospective Shareholders in which a significant number of shares have been traded over the year. A trading history is available on request.

Senior Trust Capital is a Portfolio Investment Entity (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 New Zealand IRD number to invest in Senior Trust Capital.

The loan and equity placements Senior Trust Capital make are used to establish new or expand existing retirement villages and aged care facilities, or to assist such ventures in capital restructuring.

Where Senior Trust Capital 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. Senior Trust Capital 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, Senior Trust Capital 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 Senior Trust Capital is $5,000 and thereafter in multiples of $1,000.

Senior Trust Capital is operated separately as required by the Financial Markets Authority. Whereas Senior Trust Capital is a company that issues shares in itself, Senior Trust Retirement Village Listed Fund offers investment opportunities in retirement villages and aged care facilities through units in a listed fund.

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 over the past twenty years to be consistent reliable performers .