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What is the Significant Investor Visa (SIV) – Mutual Limited

February 2, 2017


The Significant Investor Visa is a new stream of Business Innovation and Investment Visa.
SIV applicants must:

  • Be nominated by a state or territory government
  • Make an investment of at least $5m into complying investments

What are Significant Investor Visa complying Investments

Complying investments include Managed Investment Schemes declared as compliant with a form 1413.

Significant Investor Visa compliant cash fund

Mutual’s cash fund, MCTDF, is compliant for investment for SIV investment.

This fund invests in Term Deposits of the four major Australian Banks only, namely ANZ, CBA, NAB and Westpac.

Why is MCTDF appropriate to consider for Significant Investor Visa

SIV applicants who want stability of valuation with little risk, but a higher yield than bonds, can use MCTDF.

MCTDF has a historical performance of between 1 and 2 per cent above the bond rate. It aims to outperform the bank bill rate and has consistently done so by over 1%.

Term Deposits for Significant Investor Visa

Investment in a Term Deposit is not allowable within the SIV scheme. However, a fund which only buys term deposits is an allowable investment. It gives the security and safety investors want, and achieves a far greater yield than government bonds.

Why trust Mutual Limited

Mutual Limited is a conservative Funds Management company with Funds Under Management and Advice of $1.5b.

Mutual has an independent Compliance Committee, and independent Chairmen on both the Board and Investment Committee.

We strive to be professional and ethical at all times.