The Manning Monthly Income Fund (Fund)
Net cumulative investment returns: May 2016 (inception) to September 2021
| 1 month | 3 months | 6 months | 12 months | 3 years* | 5 years* | Inception* | |
|---|---|---|---|---|---|---|---|
| Net return | 0.48% | 1.59% | 3.21% | 6.45% | 6.24% | 6.34% | 6.26% |
| RBA cash rate | 0.01% | 0.03% | 0.05% | 0.11% | 0.65% | 0.99% | 1.03% |
*Returns annualised and net of fees, excluding tax.
Past performance is not necessarily indicative of future performance.
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
Custodian – Perpetual Corporate Trust Limited