The SocietyOne Personal Loans Trust is a cash-adjacent income product with an initial 12-month term. The Trust is managed by SocietyOne Australia Pty. Ltd which was acquired by the similarly sized listed company MoneyMe Group in March 2022. The trust offers investors a stable income stream of 5.0% to 8.0% p.a (before tax, after investment fees, costs, and losses). The Trust's ability to meet its target returns relies on two key factors: a monthly replenished provision account (3.5%–4.5% of assets) that cushions against defaults, and a high-quality loan portfolio dominated by prime borrowers, with an average Equifax score of 740 (as of 31 Dec 2024). Losses exceeding the provision are highly unlikely in any single month. (Source: Foresight Analytics & Rating report, May 2025)

The Trust seeks to deliver a stable and consistent return on its portfolio of personal loans (after fees, expenses, and losses, but before taxes), with distributions made monthly. The return is a fixed target range (and is not guaranteed), which is noted on the MoneyMe website. These distributions are made through a Crediting Rate calculated by the Manager and approved by the Trustee. The Crediting Rate is kept to a stable pattern as much as possible but can vary from month to month, depending on market conditions. (Source: SocietyOne/MoneyMe)

The acquisition of SocietyOne by MoneyMe has resulted in a significantly expanded team. It has now expanded across Sydney, Manila, and Newcastle—includes key SocietyOne personnel in permanent roles at MoneyMe, with John Cummins continuing as CIO and maintaining oversight of the Trust.