What role could private debt play in my portfolio?
The private debt market is an attractive, established and expanding market both in Australia and overseas. Private debt can offer exposure to the following attractive investment attributes: a real return profile, a steady income stream, low volatility, an element of capital stability and asset diversification.
The Fund targets a return of RBA cash rate plus 5% per annum over rolling 5 years (net of fees, excluding tax). This may compare favourably with other asset classes.
Manning Asset Management believes the Fund can be a strong source of return while offering defensive characteristics.