LM Investment Management Ltd (LM) is a privately owned, Australian funds management company with national and international operations.

With a specialist focus on the mortgage trust sector, LM manages one of Australia's largest first mortgage trusts, the LM First Mortgage Income Fund. Through its management of this fund, LM enjoys active participation and recognition as an established lender within Australia's business and property sectors.

LM operates internationally from its offices on the Gold Coast, in Sydney , Hong Kong, London, Dubai and Auckland. quick facts

LM is an unlisted public company that is 100% Australian owned and managed. The company is registered with the Australian Securities and Investments Commission (ASIC) as a Responsible Entity and Australian Financial Services Licensee.

We specialise in Australian property and mortgage income products, and are committed to delivering professional and responsive financial services to Australia 's business and property sectors and the investing public.

With a strong service ethos, an investment team with vast property experience and a commercially tailored lending product, LM derives its leading edge in fund performance through its property related expertise and its research driven focus on Australia's mortgage trust sector.

Investment options currently available through LM's international network of financial advisers include the LM First Mortgage Income Fund, LM Wholesale First Mortgage Income Fund, LM Savings Plan, LM Institutional Currency Protected Australian Income Fund, LM Currency Protected Australian Income Fund, LM Cash Performance Fund and the LM Managed Performance Fund.

LM has become a growing presence in the financial services markets throughout Australia, New Zealand, Asia, the Middle East and the United Kingdom.

Combined, the LM senior executive committee and Board of Directors hold extensive experience and an intimate understanding of the finance, accounting, insurance, legal, managed funds, property, human resources, marketing, communication, portfolio management, client relations and IT sectors.

LM management principles

LM's corporate vision is to be recognised as a leading, innovative and prudential funds manager. The management team shares a common understanding of business principles to ensure the vision is upheld.

These principles include:

• Delivering a high level of service with clear communication and genuine empathy for clients;

• Offering qualitative investment and lending products;

• Using a research-driven approach to anticipate market changes and seek new opportunities;

• protecting the delivery of declared income; and

• protecting the delivery of a stable unit price.

LM culture

At LM, we pride ourselves on our flat and open structure in which all employees enjoy strong autonomy and responsibility.

LM's transparent management style and continuous professional development encourages employee participation in process development and leads to an intelligent, engaged and stable workforce.

We welcome every employee to openly participate in our business and encourage ongoing training and product development. snapshot of the LM way

LM has:

• a strong credit committee and commercial lending team experienced in all levels of evaluation and management processes;

• specialist personnel that enables LM to excel in the mortgage trust sector;

• an in-house legal and custody team;

• a marketing and treasury group for establishment and maintenance of client relationships;

• a client relations department to support the group with efficient turnaround time on client queries;

• an investment services department responsible for efficient administration and reporting with 'zero tolerance' for errors;

• a business standards and compliance team which ensures compliance and best business practices;

• an IT department delivering leading edge IT solutions to aid company growth and to bring online services to financial advisers and intermediaries;

• an experienced portfolio and funds management team; and

• a company commitment to a professional relationship with financial advisers and intermediaries, brokers, borrowers, wholesale clients, private banks, superannuation funds and institutional clients worldwide.

Our products and services

Our communication with our network of advisers and intermediaries allows us to deliver finance and investment products suited to the changing needs of specific markets.

We are strategic thinkers . We have the foresight to identify quality investment opportunities . We keep our fingers on the pulse of Australia 's property and finance markets. We combine with this our sound investment philosophy to provide optimum results for our clients.

Our product innovation and research capabilities are further underpinned by our advanced management and administration systems to provide professional, efficient and competitive investment and lending services to our clients.

LM requests investors consult a financial adviser before making an investment decision. Investors must have read and considered the current Product Disclosure Statement (PDS) and any Supplementary Product Disclosure Statement (SPDS) before deciding whether to acquire or continue to hold an investment in any of the fund products issued by LM Investment Management Ltd.