MA Fixed Income Funds

For investors seeking regular, stable returns from a lower-risk vehicle

 

Monthly cash income

 

Diversified and defensive credit portfolio

 

Priority return features

Fund overview

MA Fixed Income Funds (Funds) provide investors (Investors) exposure to a diversified portfolio of credit investments in a unique fund structure designed to provide stable monthly cash distributions and a strong risk-adjusted return.

The Funds are underpinned by a material co-investment by Moelis Australia, which is used to prioritise Investor returns and significantly reduce Investor risk.

Moelis Australia invests, alongside the Funds, an amount equal to 10% of the Funds' capital, on terms that provide Fund Investors with the benefit of a capital buffer and income priority.

The terms of Moelis Australia’s co-investment mean:

  1. Moelis Australia’s capital will first absorb any realised losses, providing a buffer to protect Investor capital (Capital Buffer);
  2. Investors benefit from prioritisation of income and capital; and
  3. There is strong alignment of interest between Investors and Moelis Australia.

Moelis Australia will only ever receive a return on its co-investment if Investors have been paid the Target Return and Moelis Australia’s Capital Buffer is equal to 10% of the Fund’s capital.

Fund highlights

Australian wholesale unit trust
RBA Cash Rate + 4.00% p.a.
(currently 4.25%) net of fees
Monthly
Open-ended
Wholesale investors only
A$100,000
At least semi-annually based on Net Asset Value (NAV)
Management fee of 0.50% charged by the Manager at the portfolio level
Fund flyer [PDF]
Bond Adviser report [PDF]
IIR (recommended Plus) report [PDF]

Disclaimer

Dates are indicative only and may change at the discretion of the Trustee, Moelis Australia Asset Management Ltd.

Disclaimer:
MA Asset Management Ltd (ACN 142 008 535) (AFSL 427515) is the trustee of the MA Fixed Income Fund (the Fund) and has appointed MA Investment Management Pty Ltd [ACN 621 552 896] as investment manager of the Fund (Manager), Investors should refer to the Information Memorandum and consider seeking professional financial and taxation advice before deciding whether to invest in the Fund. Neither MA Asset Management Ltd, the Manager or any of their respective related parties guarantees any performance or the return of capital invested. Past performance is not a reliable indicator of future performance. Investments are subject to risks, including, but not limited to, possible delays in payments and loss of income or capital invested. Opinions contained herein may be subject to change without notice and do not constitute investment advice or recommendation. Offers of interests in the Fund are contained in the Information Memorandum dated June 2020 which is available from Client Services on (02) 8288 5595.

The offer to acquire interests in the Fund is contained in the Information Memorandum dated May 2019 and is only open to institutional, sophisticated and wholesale investors as defined in section 761G of the Corporations Act 2001 (Cth).