Over 12,000 Australians have been burned by collapsed or frozen funds like First Guardian, Shield Master Fund, and Australian Fiduciaries. Nearly $1.2 billion is at risk — and investors are being left in the dark.
ASIC Stepped In — But the Damage Was Already Done
ASIC was forced to intervene:
- Shield Master Fund was blocked in February 2024.
- First Guardian was frozen in February 2025 after blocking investors from accessing funds.
- Australian Fiduciaries is under investigation for conflict of interest failures.
These weren’t small schemes. They were promoted as secure, sophisticated and diversified. But behind the scenes: inflated valuations, offshore transfers, director kickbacks, and investor lockouts.
First Guardian: The Fund That Bought a Lamborghini
Liquidators uncovered disturbing activity:
- $70 million funnelled into businesses connected to its directors
- Over $240 million sent offshore
- A director allegedly spent $550,000 of investor funds on a Lamborghini
Investors now face years of delays — and may never see their full money back.
Shield Master Fund: Cooked Books and Missing Millions
Shield claimed $525 million in assets in 2024. But by the end of the year:
- More than half the value was in question
- $7 million was spent on a former director’s personal expenses
- Investors were told some recoveries could take over two years
The Real Crisis? Australians Still Don’t Own What They Invest In
These funds promised diversification and high returns — but delivered zero control. Investors had no title, no transparency, and no power to exit.
This is the core issue: most Australians still don't own real, income-producing assets.
What Makes TIC Property Different
TIC (Tenants in Common) Property flips the model:
- Own a real share of Australian property — from just $75,000*
- Receive monthly rental income — directly from tenants
- Your name is on the title — no pooled funds or managed schemes
- Fully transparent ownership — with clear documentation and exit options
You’re not handing money to fund managers. You’re investing in bricks and mortar, with all the control and benefits that come with real ownership.
Don’t Let Another Fund Collapse Before You Act
These scandals are only the beginning. If your money is trapped in a managed fund, the question isn't if you'll get burned — it's when.
With TIC Property, you have:
Don’t trust faceless fund managers with your future. Own property, not promises.
Learn more about TIC Property
Book a free strategy session
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