The Fund

The Manning Monthly Income Fund (Fund)

Net investment returns: May 2016 (inception) to June 2022

 1 month3 months6 months12 months3 years*5 years*6 years*Inception*
Net return0.55%1.58%2.90%6.15%6.05%6.40%6.28%6.23%
RBA cash rate0.07%0.11%0.13%0.18%0.33%0.79%0.91%0.94%

*Returns annualised and net of fees, excluding tax.

Past performance is not necessarily indicative of future performance.

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Targeted Benefits

Asset diversification – Low correlation with equities
Attractive real return profile – Fund is targeting 5% above RBA cash rate net of fees
Steady income stream – Monthly returns to investors
Capital stability – Via favourable terms, security and high-quality counterparties
Low volatility – Contractual underlying repayments

Structure

The Manning Monthly Income Fund is an Australian domiciled unregistered unit trust.

Investment Strategy

Invest in Australian Fixed Income assets. The strategy is implemented by constructing a high-quality, diversified portfolio of assets originated by high-quality counterparties. The Fund is actively managed to enhance risk/return characteristics through time.

Investment Objective

RBA cash rate plus 5% per annum over rolling 5 years (net of fees, excluding tax) with returns primarily delivered as income.

Key Service Providers

Trustee – Manning Asset Management
Fund Administration – Boardroom Pty Ltd
Asset Valuations – Eticore SD Pty Ltd
Accounting – Ernst & Young
Legal – K&L Gates and Norton Rose Fulbright
Custodian – Perpetual Corporate Trust Limited