Our institutional-grade CRE credit expertise, now available through a listed vehicle.
MAX invests alongside our flagship unlisted debt vehicle, MaxCap Investment Trust (MIT), allowing investors to gain immediate exposure to an established, well-diversified pool of CRE loans.
| ASX listing date | 1 March 2026 |
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| Structure | ASX Listed Investment Trust |
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| Fund size | $300m |
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| Target return | RBA cash rate +4% p.a. (net of fees and expenses) |
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| Distribution | Cash (monthly) |
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| Unit pricing | Weekly |
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| Fees | 1.54% management fee (incl. GST and excl. RITC), no performance fee |
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| DRP | Active |
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| % | 1 month | 3 month | 6 month | 1 year | Inception |
|---|---|---|---|---|---|
| Net return | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Target return | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Spread to return | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cash distribution yield | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| RBA cash rate | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |

The information on this website that relates to the Qualitas Real Estate Income Fund ARSN 627 917 971 (Trust) is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) as responsible entity of the Trust. This website is prepared by QRI Manager Pty Ltd ACN 625 857 070 (Manager) as the investment manager of the Trust.
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Trust, you should consider the current Product Disclosure Statement (PDS) of the Trust and the Trust’s other periodic and continuous disclosure announcements lodged with the ASX which are available at www.asx.com.au. If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser.
Neither Perpetual nor the Manager guarantee repayment of capital or any particular rate of return from the Trust. Neither Perpetual nor the Manager gives any representation or warranty as to the reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of the Manager as at the date of this website and are subject to change without notice. Past performance is not a reliable indicator of future performance.
The PDS and a target market determination for units in the Fund can be obtained by visiting the Fund website qualitas.com/qri. The Trust Company (RE Services) Limited as responsible entity of the Fund is the issuer of units in the Fund.
Two primary CRE credit risks are a loss of loan principal and a loss of loan income. The loss of loan principal is the risk that a borrower cannot repay the loan and the security property value declines and is insufficient to meet the full repayment of the loan. The loss of loan income is the risk that cash flow from property or other borrower sources will be insufficient to pay loan interest and fees that are due to the lender. These risks can be managed through prudent loan-to-value ratio (LVR) levels, a strong focus on senior debt, robust covenants, geographic diversification, sector diversification, short loan tenor, and a solid asset management model.
Please refer to the PDS section X on risks related to MAX.
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Illo est quisquam quam praesentium quas non accusantium eaque ut doloribus nisi. Dolore quia minima blanditiis enim minima rerum aut id velit eveniet ipsam eos et natus. Repudiandae aperiam non laudantium optio itaque vitae dolorem similique nam omnis et. Tempora ipsam officiis mollitia. Tenetur sed aliquam occaecati natus. Cumque et necessitatibus vel aut amet enim nemo quo porro ut expedita dolore ea delectus sint.
Illo est quisquam quam praesentium quas non accusantium eaque ut doloribus nisi. Dolore quia minima blanditiis enim minima rerum aut id velit eveniet ipsam eos et natus. Repudiandae aperiam non laudantium optio itaque vitae dolorem similique nam omnis et. Tempora ipsam officiis mollitia. Tenetur sed aliquam occaecati natus. Cumque et necessitatibus vel aut amet enim nemo quo porro ut expedita dolore ea delectus sint.
Illo est quisquam quam praesentium quas non accusantium eaque ut doloribus nisi. Dolore quia minima blanditiis enim minima rerum aut id velit eveniet ipsam eos et natus. Repudiandae aperiam non laudantium optio itaque vitae dolorem similique nam omnis et. Tempora ipsam officiis mollitia. Tenetur sed aliquam occaecati natus. Cumque et necessitatibus vel aut amet enim nemo quo porro ut expedita dolore ea delectus sint.
Illo est quisquam quam praesentium quas non accusantium eaque ut doloribus nisi. Dolore quia minima blanditiis enim minima rerum aut id velit eveniet ipsam eos et natus. Repudiandae aperiam non laudantium optio itaque vitae dolorem similique nam omnis et. Tempora ipsam officiis mollitia. Tenetur sed aliquam occaecati natus. Cumque et necessitatibus vel aut amet enim nemo quo porro ut expedita dolore ea delectus sint.
Illo est quisquam quam praesentium quas non accusantium eaque ut doloribus nisi. Dolore quia minima blanditiis enim minima rerum aut id velit eveniet ipsam eos et natus. Repudiandae aperiam non laudantium optio itaque vitae dolorem similique nam omnis et. Tempora ipsam officiis mollitia. Tenetur sed aliquam occaecati natus. Cumque et necessitatibus vel aut amet enim nemo quo porro ut expedita dolore ea delectus sint.
The information on this website that relates to the Qualitas Real Estate Income Fund ARSN 627 917 971 (Trust) is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) as responsible entity of the Trust. This website is prepared by QRI Manager Pty Ltd ACN 625 857 070 (Manager) as the investment manager of the Trust.
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Trust, you should consider the current Product Disclosure Statement (PDS) of the Trust and the Trust’s other periodic and continuous disclosure announcements lodged with the ASX which are available at www.asx.com.au. If you require financial advice that takes into account your personal objectives, financial situation or needs, you should consult your licensed or authorised financial adviser.
Neither Perpetual nor the Manager guarantee repayment of capital or any particular rate of return from the Trust. Neither Perpetual nor the Manager gives any representation or warranty as to the reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of the Manager as at the date of this website and are subject to change without notice. Past performance is not a reliable indicator of future performance.
The PDS and a target market determination for units in the Fund can be obtained by visiting the Fund website qualitas.com/qri. The Trust Company (RE Services) Limited as responsible entity of the Fund is the issuer of units in the Fund.