Disclaimer

This website is intended for use by wholesale clients only, as defined in section 716G of the Corporations Act 2001. If you are not classified as a ‘wholesale client’ , you may not be eligible to access or invest in the products offered. By proceeding to use this website, you acknowledge that you qualify as a wholesale client and understand that the content and services provided here are exclusively for wholesale client use.

I CONSIDER MYSELF A WHOLESALE INVESTOR
Currently closed

Manning Credit Opportunities Fund

The Manning Credit Opportunities Fund provides investors access to a diversified portfolio of high-yielding credit opportunities from typically hard-to-reach segments of the Australian credit markets. The Fund targets returns of the RBA cash rate +10% per annum over rolling 5 years, net of fees.

Investment Strategy

The Fund employs a dynamic and nimble strategy that opportunistically targets assets expected to deliver competitive risk-adjusted returns. By carefully structuring transactions and actively managing the portfolio, the Fund adapts to market cycles to optimise performance.

High diversification

The Fund targets a diversified range of credit opportunities across various sectors to reduce concentration risk while maximising income potential

Dynamic management

The portfolio is actively managed to navigate fluctuating market conditions, ensuring  optimal risk/return balance across the economic cycle

Private market expertise

Supported by a highly experienced team with a proven track record, the Fund employs a multi-dimensional approach to identifying and managing risk

Superior opportunities

The Fund aims to deliver returns of RBA Cash Rate +10% p.a. over rolling five years, primarily distributed as income

Fund Overview

Performance as of 30/11/2024
15.30%
1 year net return

Key Facts

APIR
MSM1548AU
Eligible Investors
Wholesale Only
Inception
July 2022
Minimum investment
$50,000
Income distribution
Monthly
Applications / Redemptions
Monthly/90 days notice
Reinvestment plan
Available
Fund leverage
Nil
Management fee
Base fee of 1.00%
Performance fee
20% on the Fund's outperformance of the RBA cash rate (post base fee)
Buy / Sell spread
0.25%/0.25% charged upfront

Key Metrics

WAL
0.68 years
Modified Duration
0.62
Portfolio Yield
15.20%
Number of asset exposures
10,585
Largest single asset exposure as % of the portfolio*
3.16%

*Calculated as the percentage exposure of the largest single asset within the Fund assuming a 50% property market decline. This figure doesn’t consider any structural protection

Past performance is not necessarily indicative of future performance. Returns are net of fees, excluding tax, and assume reinvestment of all distributions.

Performance

Performance as of 30/11/2024
Net Return (%)
RBA cash rate (%)
1 Month
3 Months
6 Months
1 Year
Inception
0.98
3.3
6.87
15.3
14.88
0.36
1.07
2.15
4.35
3.72

*Past performance is not necessarily indicative of future performance. Returns are net of fees, excluding tax, and assume reinvestment of all distributions. Returns greater than one year are annualised.

This Fund is Currently Closed

To register your interest and receive updates when the Fund reopens, please contact Juliet Shirbin, Head of Investor Relations: juliet@manningam.com.