The Fund

The Manning Monthly Income Fund (Fund)

Net cumulative investment returns: May 2016 (inception) to June 2021

 1 month3 months6 months12 months3 years*5 years*Inception*
Net return0.46%1.59%3.45%6.21%6.32%6.31%6.25%
RBA cash rate0.01%0.03%0.05%0.15%0.77%1.06%1.08%

*Returns annualised and net of fees, excluding tax.

Download the June 2021 Factsheet HERE

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 – Eticore SD Pty Ltd
Asset Valuations – Eticore SD Pty Ltd
Accounting – Ernst & Young
Legal – K&L Gates and Norton Rose Fulbright