Mortgage trusts also be called “mortgage funds” or “mortgage schemes”, as they are registered with ASIC in most cases. It is an investment you can buy “units” in and is operated by a registered professional fund manager like Quantum Funds Management. A mortgage trust is a form of investment that pools money for lending to borrowers secured over a registered mortgage over Land. In return for investing money, the investors in the trust receive a income called a “distribution” from the interest paid by borrowers and bank accounts.