Fund Objective
The Manning Credit Opportunities Fund (Fund) seeks to generate absolute returns of RBA cash rate plus 10% per annum over rolling 5 years (net of fees) with returns primarily delivered as income.
Fund Strategy
The Fund provides a unique exposure to carefully selected, higher-yielding credit opportunities from traditionally hard-to-access areas of the Australian credit markets. The Fund employs a dynamic and nimble investment strategy to help navigate market cycles and seeks to deliver the most attractive risk-adjusted returns.
The Fund is currently CLOSED. Please email please email Juliet Shirbin (Head of Investor Relations) [email protected] to register your interest and be informed if the Fund reopens.
Key Facts
| APIR | MSM1548AU |
|---|---|
| Fund status | Open to wholesale investors only |
| Benchmark | RBA cash rate + 10% p.a. over rolling 5 years (net of fees) |
| Applications | Monthly |
| Distributions | Monthly |
| Redemptions | 90 days- Redemption request must be submitted no later than 10 business days prior to the end of the month |
| Buy / Sell Spread | 0.25%/0.25% charged upfront |
| Management fee | Base fee of 1% + Performance fee of 20% on the Fund’s outperformance of the RBA cash rate (post base fee). |
| Fund leverage | Nil |
| Reinvestment plan | Available |
Minimum investment |
$50,000 |
Performance
Net investment returns: July 2022 (inception) to June 2024
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.