Investing with First Mortgage Trust

We’re an investment fund manager and since 1996 we’ve been helping New Zealanders protect their nest egg and grow their wealth.
We focus on what we know is important to you; consistent returns and steady income-focused funds that are accessible when they’re needed.
Download our Investment Brochure Ready to Invest?
7 .44 %p.a.

Group Investment Fund & PIE Trust*

Annualised pre-tax return (after fees & expenses)

For the quarter ending 30 September 2024. Past performance is not a reliable indicator of future returns. Returns are not guaranteed.

*If you have a 30% or higher income tax rate, the First Mortgage PIE Trust could give you a higher after tax return than the First Mortgage Trust Group Investment Fund.

Consistent returns even through uncertain times

Over the years we have delivered our investors regular and consistent returns.

You can invest your funds in the First Mortgage Trust Group Investment Fund or First Mortgage PIE Trust.  Your decision on which fund to choose will depend on your own particular tax circumstances, therefore professional financial or tax advice should be taken before making an investment.

Group Investment Fund PIE Trust Fund

Click to view our historic investment return rates

Historic annualised distributions – Paid quarterly

The pre-tax distribution paid for the quarter ending 30 September 2024 was 7.44% on an annualised basis.

This table shows the historical annualised pre-tax quarterly distribution rates and the annualised pre-tax cumulative returns we have achieved for our investors over the past 10 years.

Past returns are not a reliable indicator of future performance. Returns are not guaranteed.

Financial Year

FY 2025

FY 2024

FY 2023

FY 2022

FY 2021

FY 2020

FY 2019

FY 2018

FY 2017

FY 2016

FY 2015

FY 2014

FY 2013

Jun

7.43%

6.71%

5.34%

4.74%

5.00%

5.05%

5.45%

5.25%

5.15%

5.55%

5.32%

4.71%

4.35%

Sep

7.44%

7.02%

5.59%

4.91%

4.46%

4.85%

5.30%

5.15%

5.01%

5.12%

5.50%

4.76%

4.35%

Dec

7.31%

6.07%

5.19%

3.88%

4.80%

5.30%

5.15%

5.20%

5.01%

5.70%

4.85%

4.30%

Mar

7.29%

6.61%

5.18%

4.00%

4.90%

5.20%

5.30%

5.25%

5.15%

5.72%

5.12%

4.50%

Annualised returns - Year End 31 March

7.29%

6.03%

5.10%

4.41%

5.00%

5.42%

5.31%

5.25%

5.32%

5.68%

4.95%

4.45%

Investor Meetings

This year we have Investor Meetings in Christchurch, Auckland, the Waikato and the Bay of Plenty.

These meetings are a fantastic opportunity to hear how FMT has been performing this year and what our plans are for the future. These meetings are open to current and prospective investors.

Each meeting will have a talk from the economist Tony Alexander, as well as presentations from our Leadership Team and Board of Directors, plus refreshments.

Learn More
Managing your cash in retirement

Enjoy your Retirement with a Steady Income

In addition to our investment funds, we offer our clients a specialised investment facility to help manage their income in retirement.

At FMT, we understand the need to invest with confidence, with the added flexibility of drawing down your funds as you need them.

That’s why we’ve created our Managing Your Cash in Retirement solution.

This facility allows you to get all of the benefits that come from investing with First Mortgage Trust, together with the ability to access your money as and when you need it.  Your arrangements can be reviewed at any time and at no cost, meaning the facility can respond to your changing circumstances in real time.

Learn More

Investing with First Mortgage Trust

1. Learn More about Our Funds

You can learn more about our funds by visiting our Group Investment Fund page or PIE Trust page. These pages have more information about how our funds work and what happens when you invest with FMT.

More information is also available in our Product Disclosure Statements, which you can download here.

2. Meet the Team

Our knowledgeable investment team is always only a phone call aways.

We pride ourselves on providing great kiwi service with a friendly ‘can-do’ attitude.

Phone 0800 321 113 or email [email protected] to talk to our investment team. We can either set up a meeting in our office, or an online meeting.

3. Download an Investment Pack

Ready to take the next step towards investing with FMT?

You can download an investment pack here which contains everything you need to invest in the FMT Group Investment Fund & First Mortgage PIE Trust Fund.

Read our latest newsletter

Each quarter we produce a newsletter with an update from our CEO, Paul Bendall, where he shares our latest quarterly return rate and provides a company update. We also feature insights from renowned economist Tony Alexander and invite other experts to comment on current topics of interest. Regular features include a distribution map profiling our investments by location and type, and information on our loan book.

Read our latest newsletter

Download FMT Lending Pack

    [mc4wp_checkbox]

    Download FMT Investor Pack

      Request Physical FMT Investor Pack

        Fill out the form below and our team will post you out an investment pack as soon as possible.


        Request a Call-back

          [mc4wp_checkbox]

          Request a Call-back

            [mc4wp_checkbox]

            Youth Sponsorship Application

              [mc4wp_checkbox]

              Which type of fund is right for me?

              Complete this questionnaire to see what type of fund might be the most tax effective for your circumstances. Please note, this is just a guide and we recommend you seek professional tax advice.

              Are you investing as an individual or trust?
              Other investor types should seek professional tax advice.
              Back

              Individual

              Is your tax return completed by a tax adviser or accountant?


              Can you reasonably estimate your own annual income?


              What is your total income from all sources (including PIE income)?


              YOUR RESULTS

              Contact Us

              Back

              Trust

              Do you distribute all annual income to beneficiaries?


              Do all Trusts beneficiaries earn more than $48K from all sources (including PIE income)?

              YOUR RESULTS

              Contact Us

              Disclaimer – This tool is intended to provide general guidance only. This tool does not take into account your particular financial situation, objectives or goals.

              There are alternative strategies which may provide better outcomes, we recommend you seek independent advice before making any investment decision. If you have completed this guide and wish to discuss this, we recommend you seek professional tax advice.