The Manning Private Debt Fund (Fund) is an Australian domiciled unregistered unit trust.
The Manning Private Debt Fund is managed by Manning Asset Management in line with its investment philosophy. The trustee of the Fund is Manning Asset Management.
Investment Strategy
Invest in Australian private debt offered by lenders. The strategy is implemented by constructing a high quality diversified portfolio of private debt assets originated by domestic lenders. 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) and limiting the risk of a negative return over this time period.
Key Service Providers
Trustee – Manning Asset Management
Fund Administration – Eticore SD Pty Ltd
Accounting – EY
Legal – K&L Gates
July 2020 Monthly Factsheet
Gross cumulative returns: April 2016 (inception) to July 2020
Net cumulative investment returns: May 2016 (inception) to July 2020
| 1 month | 3 months | 6 months | 12 months | 2 years* | 3 years* | 4 years* | Inception* | |
|---|---|---|---|---|---|---|---|---|
| Net return | 0.39% | 1.31% | 2.69% | 5.63% | 6.25% | 6.49% | 6.33% | 6.23% |
| RBA cash rate | 0.02% | 0.06% | 0.22% | 0.66% | 1.08% | 1.22% | 1.30% | 1.32% |
| Excess | 0.37% | 1.25% | 2.47% | 4.97% | 5.17% | 5.27% | 5.03% | 4.91% |
*Returns annualised and net of fees, excluding tax.