Experts in RMBS

Firstmac has issued over $32 billion in Residential Mortgage Backed Securities (RMBS) since 2003.

Distributions paid monthly

Distributions will generally be paid within 10 business days after the end of each month. Choose whether to reinvest or have your monthly distribution paid to your nominated bank account.

Invest as little as $10,000

Gain access to prime assets for just $10,000 and invest more money in $1,000 increments if and when you want to.

Backed by prime Australian loans

The bonds are secured against a pool of prime Australian residential mortgages and auto loans. They do not contain mortgages over any construction or development properties.

SMSF investment permitted

There is no legal restriction on Self-Managed Super Funds investing in High Livez and we are happy to accept SMSF investments.

No entry or exit fees

Enter or leave the fund at no cost thanks to zero entry and exit fees. Management costs are capped at 0.60% p.a.


10 Years of Success

The High Livez fund celebrated its 10-year anniversary in 2021 and what an exciting journey it’s been!

From humble beginnings in 2011, High Livez has grown to have more than $75.7 million under management and 497 investors.

"Our expectations have been met and often exceeded. Return on investment is excellent and management seem to certainly have their “eye on the ball”. Even the most modest investor is treated with the utmost courtesy and respect. I appreciate the high return available when investing with High Livez, and this has allowed us to enjoy lots of exciting travel opportunities and a good quality of life. I also appreciate the fact that when contacting Firstmac the experience is made easy, not the usual call centre response, but largely the same delightful staff one has spoken to for five years or more. Very reassuring!"

Diane Steed, Current Investor since 2014

"We invested in High Livez seeking a better interest return for our deposits and the safety it provides. It has delivered in spades. The service from the directors and the close knit staff has been first class and transparent. They have turned out to be real people not machines. The thing we most like about High Livez is that they do not mind it if we spend the interest earned on our cruise ship travels!"

Edgar Winter, Current Investor since 2014

"I invested in High Livez because I wanted higher, secure and consistent yield than was offered by the banks. It has delivered all the above. The service I have received is excellent in all aspects. I like High Livez because the service is easy going, friendly and expert."

Leigh Nevett, Current Investor since 2014

$75.7 million

Fund size


Number of investors

$15 billion

Mortgages managed

$650 million

Cash investments

Investment Manager: Firstmac Limited

Firstmac has specialist knowledge of Residential Mortgage Backed Securities (RMBS). We’re 100% Australian-owned and have written over 130,000 home loans in the past 40 years.

Responsible Entity:
Perpetual Trust Services Limited

Perpetual is the responsible entity and custodian. Perpetual is an ASX-listed, diversified financial services company which has been servicing Australians since 1886.

High Livez bond issuers

Bond issuers currently held in High Livez include: 

Data Table - High Livez Performance

Past performance is not indicative of future performance

# inception date was 29 March 2011

Annual performance (% per annum) Distribution Return Growth Return Total Return
1 year 2.36% -0.46% 1.90%
2 year 2.71% 0.61% 3.32%
3 year 3.09% -0.01% 3.08%
4 year 3.43% -0.10% 3.33%
5 year 3.66% -0.06% 3.60%
6 year 3.83% 0.15% 3.98%
7 year 3.97% -0.04% 3.93%
8 year 4.11% -0.02% 4.09%
9 year 4.30% 0.25% 4.55%
10 year 4.55% 0.43% 4.97%
Since inception# 4.84% 0.42% 5.26%

Invest in High Livez today

Use the form below to arrange a call or to request an info-pack, otherwise give us a call on 13 12 20.

Guides & articles

Learn more about Residential Mortgaged-Backed Security investments.

Frequently asked questions

Auto ABS are Asset-Backed Securities which are secured by a pool of prime automobile consumer and commercial loans.

The Firstmac High Livez is a unit trust which gives investors the opportunity to pool their money with that of other investors to achieve economies of scale.

Residential Mortgage Backed Securities (RMBS) are a type of Note or Bond that is secured by a pool of residential mortgages. An RMBS note is typically registered on Austraclear, a clearing and settlement system used in capital markets, and is able to be traded in the secondary market. An RMBS transaction will usually be issued in two or more separate tranches based on the priority of principal and interest payments.

It's considered relatively low risk. RMBS are not deposits so they are not covered by the Federal Government’s deposit guarantee. However, since the inception of the Australian RMBS market in the early 1980s, not one RMBS note has ever gone into default or failed to pay 100 per cent of principal and interest obligations in a timely manner, even during the Global Financial Crisis.

We only invest in prime RMBS. The properties held in the underlying bonds are geographically spread across Australia. The Investment Committee formally evaluates each bond the fund invests in to manage portfolio risk. We invest in RMBS from various bond issuers ranging from the Big 4, credit unions and non-bank financial institutions.

It's a managed fund so we manage the investment choice. That means you just invest in High Livez, and we choose which bonds the fund invests in.

The initial minimum investment amount is $10,000. You must also maintain a minimum balance amount of $10,000.

Yes, you can. Additional contributions of $1,000 or more can be made monthly. Regular contributions are accepted through direct debit. Contact us to find out more.

No, there are no exit fees. However, withdrawals are only allowed monthly. Contact us for the withdrawal process and timelines.

When we receive your funds into the Applications account, they will remain there until the end of the month. Units in the trust will be issued on the first day of the following month.

Distributions can either be automatically reinvested into the Trust or credited to your nominated bank account.

You can choose whichever option you prefer, whether to credit the monthly distribution to your bank account or reinvest it into your High Livez account. You can always change it along the way.

You can invest for as long as you like. The suggested investment term is 3-5 years.

The trust is valued monthly and the distributions are paid monthly.

The financial services provided by us and referred to in this FSG are:

Arranging the issue of financial products – arranging your application for the issue of Units in Firstmac High Livez – where we act on your behalf;

Proving general advice – providing general financial product advice about Firstmac High Livez – where we act on our own behalf; and

Investment management – managing the investments within Firstmac High Livez – where we act on behalf of Perpetual.

Potential conflicts may occasionally arise between your interests, our interests, and those of our related parties and other parties (including service providers appointed by us). As the holder of an Australian Financial Services Licence (AFSL), we have statutory and common law fiduciary duties to manage conflicts of interest, and if there is a conflict between your interests and our own interests, give priority to your interests. We have policies, procedures and organisational arrangements in place to manage conflicts of interest. Our Board is responsible for the management and resolution of conflicts of interest arising in relation to the operation of our financial services business.

Contact us and we will email you the Product Disclosure Statement along with the application form.