Glossary

Completion date

This is the date the loan completed and became active. 

Glossary

Estimated redemption date

This is the estimated date of redemption. Loans with TAB are able to redeem early and in some cases extend therefore, the estimated redemption date is calculated based on the loan terms and current status of the investment. 

Glossary

Interest rate pa

This is the interest rate that was agreed upon when you first made your investment. If the loan has a tracker rate, the interest rate may change if the bank rate fluctuates. This figure will change accordingly to represent that.

Glossary

Current invested

Refers to the amount of capital you have currently invested in the loan or property. This figure can change if the borrower makes a partial redemption or capital repayment.

Glossary

Total investment

Refers to the initial amount that you invested at the beginning of the loan term. 

Glossary

Status

Refers to the current status of your loan, which can be one of three options: active, non-performing, or redeemed.

Glossary

Transactions

This displays a comprehensive list of all transactions associated with your account. This includes interest payments, commitments made, redemptions and capital reductions. Similar to a bank account statement, all transaction information can be viewed here.

Glossary

Committed funds

Total TAB Lending investments you have committed with TAB but have not yet completed. This is where you have told us you have committed to invest in a loan, but TAB has not yet called in funds and the loan is not yet active.

Glossary

Annualised ROI

Is the total interest received to date for your TAB Lending investments. Investors can view their returns on an annualised basis. The calculation is the annualised weighted average of monthly interest payments.

Glossary

[Month] ROI

This is the total interest received for your TAB Lending investments last month. This allows you to visualise any interest earned from that month’s active investments as a percentage. 

Glossary

[Month] interest payment

This is the total interest received for your TAB Lending investments last month. This figure is also shown on your monthly investment statement. 

Glossary

[Month] total investment

This is the total amount of your TAB Lending investments as at the end of last month. This figure is also shown on your monthly investment statement.

Glossary

Portfolio value

This is the total value of your active TAB Lending and TAB Property investments, as at today. This does not include committed funds but will include loans that are now active since your last statement.

Glossary

Valuation survey

The cost of a third party surveyor valuing the property.

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