NEWS: BondAdviser upgrades QRI to Recommended

21 December 2022

We’re pleased to announce that the Qualitas Real Estate Income Fund (ASX:QRI) has received an upgraded rating from BondAdviser to ‘Recommended’.

BondAdviser highlighted:

“QRI’s portfolio risk management has been enhanced by: more frequent loan reviews following the onset of COVID-19 in 2020; the move to weekly NAV reporting from June 2020; and the implementation of an in-house developed internal risk grading model / methodology in June 2021. The Qualitas Risk Grading Model has now been applied to all portfolio investments.

We have reviewed this model [Risk Grading Model] and internal credit papers and view them to be in-excess of market standard in terms of depth of diligence.”

“The Australian CRE debt market is a growing space with attractive opportunities, as banks have progressively retreated from this segment as a result of greater regulatory capital requirements.  Investing in such a highly specialised area of the private debt market also brings unique risks, so specialist expertise is required to operate successfully in this market. Consequently, manager selection is an important consideration for investors.”

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This communication has been issued and authorised for release by The Trust Company (RE Services) Limited (ACN 003 278 831) (AFSL 235150) as responsible entity of The Qualitas Real Estate Income Fund (ARSN 627 917 971) (“Trust”) and has been prepared by QRI Manager Pty Ltd (ACN 625 857 070) (AFS Representative 1266996 as authorised representative of Qualitas Securities Pty Ltd (ACN 136 451 128) (AFSL 34224)).

This communication contains general information only and does not take into account your investment objectives, financial situation or needs. It does not constitute financial, tax or legal advice, nor is it an offer, invitation or recommendation to subscribe or purchase a unit in QRI or any other financial product. Before making an investment decision, you should consider whether the Trust is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

While every effort has been made to ensure the information in this communication is accurate; its accuracy, reliability or completeness is not guaranteed and none of The Trust Company (RE Services) Limited (ACN 003 278 831), QRI Manager Pty Ltd (ACN 625 857 070), Qualitas Securities Pty Ltd (ACN 136 451 128) or any of their related entities or their respective directors or officers are liable to you in respect of this communication. Past performance is not a reliable indicator of future performance.

The Product Disclosure Statement (“PDS”) and a target market determination for units in the Trust can be obtained by visiting the Trust website The Trust Company (RE Services) Limited as responsible entity of the Trust is the issuer of units in the Trust. A person should consider the PDS in deciding whether to acquire, or to continue to hold, units in the Trust.

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