Steady quarterly distributions to-date since inception: Creamery Delta Fund update for September 2024

Since its inception in August 2023, the Creamery Delta Fund, managed by Orens Capital, has consistently operated on a quarterly cycle, achieving an average quarterly return of net 3.8% for the period Sep 23 to Jun 24.*

Based on the latest CoreLogic data, the Australian real estate market has shown resilience with housing values rising by 0.4% during September, marking the 20th consecutive month of growth. The median value of housing nationally now stands at approximately $807,110. This consistent growth is indicative of the strong demand seen in the housing market, even amidst broader economic uncertainties. The immediate outlook for housing markets is for further growth in housing values at the macro level. Upside factors for housing conditions include improving sentiment amid a slowdown in inflation, tight labour markets and a consensus that the next move in interest rates will be cut.

National house prices increased by 0.4% as of 30 September
(Source: CoreLogic Australia) The national median dwelling price is approximately $807,110 as of 30 September
(Source: CoreLogic Australia).

As we move into the final quarter of 2024, Orens Capital remains well-positioned to navigate these latest trends. By adhering to robust governance practices, our fund aims to consistently provide returns and deliver value to investors.

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*Past performance is not a reliable indicator of future performance.

Disclaimer: Orens Capital Pty Ltd ACN 668 843 623 (Investment Manager) is a corporate authorised representative (number 001304386) of SILC Fiduciary Solutions Pty Ltd ACN 638 984 602 (AFS licence number 522145). The authority of the Investment Manager is limited to general advice relating to the Creamery Delta Fund only. This document is prepared for use by wholesale clients only. It is a summary and marketing material only and does not constitute an offer of any kind. This material may not be reproduced, distributed or transmitted to any other person or incorporated in any way. The information contained in this document is general information only. This document does not (and is not intended to) contain any recommendations, statements of opinion or advice. In any event, the information in this document does not consider any individual person’s objectives, financial situation or particular needs. Past performance and/or forward-looking statements are not a reliable indicator of future performance. Prospective investors should seek professional advice prior to making any decision regarding an investment.