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.

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Manning Monthly Income Fund

The Manning Monthly Income Fund offers investors access to a highly diversified portfolio of Australian fixed-income assets, designed to minimise risk while delivering consistent, attractive returns. Focused on capital preservation, the Fund targets returns of the RBA cash rate +5% per annum over rolling 5 years, net of fees.

Investment Strategy

The Fund’s core strategy centres around asset-backed securities and diversified private credit assets, handpicked and actively managed to deliver superior risk-adjusted returns. Manning’s proprietary 10-step due diligence process ensures rigorous asset selection and structuring, protecting capital while enhancing income potential across varying market conditions.

Diversified and low volatility

The Fund limits risk and concentration by taking small positions across broad portfolios of assets, delivering stable income with low volatility

Actively managed

Invests in mortgages, consumer lending, and business finance, adapting to the economic cycle to optimise returns

Institutional expertise

Backed by an industry-leading team with over 150 years of collective experience in managing multi-billion-dollar portfolios of asset-backed securities

Superior income

Leverages deep institutional relationships to secure the most attractive risk-adjusted assets for the portfolio

Fund Overview

Performance as of 30/10/2024
9.67%
1 year net return paid monthly

Key Facts

APIR
MSM9568AU
Eligible Investors
Wholesale Only
Inception
April 2016
Minimum investment
$25,000
Income distribution
Monthly
Applications / Redemptions
Monthly
Reinvestment plan
Available
Fund leverage
Nil
Management fee
Base fee of 0.65%
Performance fee
10% 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
0.41 years
Modified Duration
0.39
Portfolio Yield
10.16%
Number of asset exposures
24,560
Largest single asset exposure as % of the portfolio*
0.70%

*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 30/10/2024
Net Return (%)
RBA cash rate (%)
1 Month
3 Months
6 Months
1 Year
3 Year
5 Years
7 Years
Inception
0.76
2.37
4.76
9.67
8.54
7.57
7.37
7.07
0.36
1.07
2.15
4.35
2.93
1.86
1.73
1.69

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.

Manning Monthly Income Fund

Has consistently delivered strong outperformance while maintaining capital stability since inception

Has generated a 9% monthly income stream for the past 12 months

Has never experienced a negative monthly return due to credit losses

Past performance is not necessarily indicative of future performance.

Invest in the Fund

Start your application

FAQ

When will I receive a Distribution Statement outlining my distribution for the month?

Distribution Statements are sent monthly to all investors approximately on the 10th Sydney business day of the month.

When are monthly income distributions paid to investors?

Monthly income distributions are paid to your nominated account around the 10th Sydney business day of each month if you elected to receive them. If you opted for reinvestment, your updated holding will be reflected on your InvestorServe portal and Distribution Statement.

When will I receive the contract note acknowledging my new investment in the Fund?

Contract notes for new investments are sent on approximately the 10th Sydney business day of each month.

I have made a new application for the Fund, when will my account be direct debited?

If you have chosen Direct Debit (instead of BPAY or EFT) as your method of payment, the Direct Debit will occur four (4) Sydney Business days prior to the last business day of the month. Please ensure your nominated account is sufficiently funded and allow for Direct Debit to avoid any delays. If your application was made within the last four (4) Sydney business days of the month, please use EFT or BPAY as your method of funding.

What is the minimum investment required?

The minimum investment for the Fund is $25,000.

Is there an application timing cut-off?

The Manning Monthly Income Fund accepts applications on a monthly basis. We must receive your application at least one (1) business day before the end of the month (Sydney time).