PERFORMANCE
- CHART
- TABLE
- UNIT PRICES
DATE | APPLICATION | REDEMPTION | DISTRIBUTIONS |
---|---|---|---|
20/07/2024 | 1.0421 | 1.0421 | - |
20/08/2024 | 1.0478 | 1.0478 | - |
30/06/2024 | 1.0672 | 1.0672 | 0.0331 |
20/06/2024 | 1.0714 | 1.0714 | - |
20/05/2024 | 1.0702 | 1.0702 | - |
20/04/2024 | 1.0538 | 1.0538 | - |
20/03/2024 | 1.0498 | 1.0498 | - |
20/02/2024 | 1.0400 | 1.0400 | - |
20/01/2024 | 1.0315 | 1.0315 | - |
20/12/2023 | 1.0230 | 1.0230 | - |
20/11/2023 | 1.0118 | 1.0118 | - |
20/10/2023 | 1.0032 | 1.0032 | - |
30/09/2023 | 1.0000 | 1.0000 | - |
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Fund Facts
Investment Objective
To generate strong risk adjusted returns via exposure to a diversified portfolio of global private credit investments, liquid credit investments and cash.
Target Return†
RBA Official Cash Rate + 7 – 9% p.a. in Australian Dollars, generated over a rolling 5 year investment horizon.
Target Annual Distribution
Minimum of 80% of the annual Fund return in cash, paid quarterly
Application Frequency
Monthly
Term
3-year lock-up based on investment date
Redemption Frequency
Quarterly redemptions at each Quarter end after a 3-year lock-up Term, subject to conditions as set out in Section 5.2.3 of the IM
Redemption Notice
Three months before the end of a Quarter
Minimum Initial Investment
$500,000
Minimum Additional Contribution
$100,000
Pricing Frequency
Quarterly
Management Fee*
1% p.a.
Performance Fee*
20% of returns above the Hurdle
Hurdle
RBA Official Cash Rate + 6% p.a. with a floor of 7.5% p.a.
Distribution Reinvestment
Yes
† The Target Return is an objective only and may not be achieved. The target return is subject to significant economic, market and other uncertainties that may adversely affect the actual returns of any investments. Future returns are not guaranteed. Investors should review the risk disclosures set out in Section 6 of the Fund’s Information Memorandum available under the Reports & Resources section.
*Fees are stated inclusive of GST and net of RITC. For more information, refer to the Fund’s Information Memorandum available under the Reports & Resources section.
REPORTS AND RESOURCES
NEWS AND INSIGHTS
CEO calls for clearer distinction between Australian and global private credit
A CEO has emphasised the importance of distinguishing between private credit in Australia and abroad, highlighting their significantly different risk...
Don’t compare apples and oranges in private credit
It is little wonder more investors are interested in private credit, but as the asset class grows in profile investors...