January 2024 – Market Commentary

As we move through Q1 of 2024, many of our clients are eager to understand our views on what this year may hold for the Fund and how we are positioning the portfolio. Foundationally, one needs to [...]

December 2023 – Market Commentary

The Fund delivered +0.80% in December, 9.43% over 12 months and 6.79% annualised since inception (April 2016), continuing to deliver over 5% net return above the RBA cash rate. There are several [...]

November 2023 – Market Commentary

The Fund delivered +0.72% in November, 9.35% over 12 months and 6.75% annualised since inception (April 2016), continuing to deliver over 5% net return above the RBA cash rate. In December 2022, [...]

October 2023 – Market Commentary

The Fund delivered +0.77% in October, 9.34% over 12 months and 6.73% annualised since inception (April 2016), continuing to deliver over 5% net return above the RBA cash rate.   We are [...]

September 2023 – Market Commentary

The Fund delivered +0.76% in September, 9.26% over 12 months and 6.70% annualised since inception, continuing to deliver over 5% net return above the RBA cash rate. We are continuing the theme of [...]

August 2023 – Market Commentary

The Fund delivered +0.75% in August, 9.10% over 12 months and 6.67% annualised since inception, continuing to deliver over 5% net return above the RBA cash rate.   Since May 2022 when the [...]

July 2023 – Market Commentary

The Fund delivered +0.78% in July, 8.97% over 12 months and 6.64% annualised since inception, continuing to deliver over 5% net return above the RBA cash rate. With the rise of interest in fixed [...]

June 2023 – Market Commentary

The Fund delivered +0.72% in June, 8.88% over 12 months and 6.60% annualised since inception, continuing to deliver over 5% net return above the RBA cash rate.   The Fund delivered 0.72% in [...]

May 2023 – Market Commentary

The Fund delivered +0.79% in May, 8.70% over 12 months and 6.57% annualised since inception, continuing to deliver over 5% net return above the RBA cash rate. As the RBA continues to move the [...]

April 2023 – Market Commentary

The Fund delivered +0.79% in April, 8.41% over 12 months and 6.53% annualised since inception. Across our three Funds, we participate in numerous transactions where the underlying borrowers [...]

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March 2023 – Market Commentary

The Fund delivered +0.75% in March, 8.09% over 12 months and 6.49% annualised since inception. We are pleased to report the Fund’s portfolio of assets continues to perform strongly, and we [...]

February 2023 – Market Commentary

The Fund delivered +0.67 in February (noting February being a shorter month and therefore returns were marginally softer), 7.76% over 12 months and 6.46% annualised since inception. We are [...]

January 2023 – Market Commentary

The Fund delivered +0.74% in January, 7.45% over 12 months and 6.43% annualised since inception. A key feature of the Manning Monthly Income Fund is its flexibility to move in and out of [...]

December 2022 – Market Commentary

The Fund delivered +0.72% in December, 7.15% over 12 months and 6.40% annualised since inception. There are several Fund features that investors like to discuss, namely the significant number of [...]

November 2022 – Market Commentary

The Fund delivered +0.71% in November, 6.91% over 12 months and 6.37% annualised since inception. Fund investors shall welcome the higher RBA cash rate increasing the Funds targeted return to [...]

October 2022 – Market Commentary

The Fund delivered +0.69% in October, 6.64% over 12 months and 6.33% annualised since inception. We are pleased to report the Fund’s portfolio of assets continues to perform strongly, and [...]

September 2022 – Market Commentary

The Fund delivered +0.61% in September, 6.53% over 12 months, as Fund returns continue to lift alongside a higher RBA cash rate as anticipated. At the same time, key risk measures across the Fund [...]

August 2022 – Market Commentary

The Fund delivered +0.63% in August, 6.39% over 12 months and 6.29% annualised since inception. We are frequently asked about our views on the RBA cash rate and its likely trajectory, given its [...]

July 2022 – Market Commentary

The Fund delivered +0.70% in July, 6.29% over 12 months and 6.27% annualised since inception. The particularly strong return was attributable the higher RBA cash rate and associated interest [...]

June 2022 – Market Commentary

The Fund delivered +0.55% in June, 6.15% over 12 months and 6.23% annualised since inception. As we welcome a new financial year and reflect on the past, we are reminded of how quickly financial [...]