Private Credit
MA Wholesale Credit Income Fund
A curated private credit fund allocating to our flagship strategies. The Fund provides access to a range of MA Financial’s private credit strategies in a highly diversified portfolio, and targets a return of the RBA Cash Rate + 4.50% p.a. (currently 8.85%p.a.) with monthly distributions.¹
Aims to generate consistent and defensive returns with strong downside protection characteristics.
Investments diversified across asset-backed lending, real estate credit, specialty finance, corporate debt and opportunistic capital solutions.
Access to differentiated, institutional-grade and proprietary opportunities via MA Financial’s global platform.
Fund overview
The Fund provides investors consolidated exposure to five core credit market segments and a range of MA Financial credit strategies in one investment.
The Fund focuses on private credit segments in which the Manager has a proven track record and specialist capabilities: asset-backed lending, real estate credit, specialty finance, corporate debt and capital solutions.
The Fund may gain exposure to these credit segments by investing in a range of MA Financial credit strategies2, each with strong track records, as well as investing directly in high quality credit assets.
MA Financial Group and its employees have co-invested over $170 million in the underlying credit strategies the Fund invests in, aligning interests with investors.3
Fund facts
Target return
RBA Cash Rate + 4.50% p.a.1
Minimum investment
$500,000
Distributions
Monthly in cash, or reinvested as part of the Distribution Reinvestment Plan
Liquidity
Monthly4
Eligibility
Wholesale investors
Establishment Fee
up to 5.0% of the Application Amount.
Management Fee
1.20% p.a. of the Net Asset Value of Class B5
Performance Fee
15% of distributable income of Class B (post Management Fees and other costs payable by the Fund and/or Class B), subject to a highwater mark and unitholders receiving the Target Return.
Private credit insights
Private Credit Investment Series
Through a series of four insights our Head of Credit Investments and Lending, Frank Danieli, introduces private credit, exploring the wide range of opportunities now available for Australian investors.
MA Financial on Ausbiz
Watch us regularly on Ausbiz engaging in wide-ranging discussions on credit markets.
For more information and to arrange a discussion, please contact us.
1. Pre-tax, net of all fees.
2. The Fund may also invest in the underlying wholesale vehicles of the MA Financial credit funds.
3. As at June 2024.
4. Subject to available liquidity. Refer to the Information Memorandum for more information.
5. The Manager will not charge additional management fees in respect of any portion of the Fund’s portfolio which has been invested in a scheme which is also managed by the Manager to the extent that such investment would result, indirectly, in management fees being incurred in respect of that portion of the Fund’s portfolio which are in excess of the upper limit of those fees.
MA Asset Management Ltd (ACN 142 008 535) (AFSL 427515) is the trustee (Trustee) of the MA Wholesale Credit Income Fund (Fund) and has appointed MA Investment Management Pty Ltd as investment manager of the Fund (Manager).
The Trustee has prepared this material for wholesale investors as defined under section 761G of the Corporations Act 2001 (Cth). While every effort has been made to ensure that the information in this material is accurate, its accuracy, reliability or completeness is not guaranteed. Statements contained in this material that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of the Trustee. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Further, the views expressed in this material, which are subject to change, are solely the views of the Trustee. These views may not necessarily reflect the views of any other MA Financial Group entity. While reasonable care has been taken preparing this material, and all information provided in this material has been provided in good faith and has been obtained or derived from sources believed to be reliable, neither the Trustee nor any of its affiliates, nor any of their respective officers, employees, advisors or agents makes or gives any representation, warranty or guarantee, whether expressed or implied, that the information contained in this email has been audited or independently verified, or is complete, accurate or reliable, or accepts any responsibility arising in any way (including by reason of negligence) for errors or omissions. Opinions contained herein may be subject to change without notice and do not constitute investment advice or recommendation.
Past performance is not an indicator of future financial performance. This material does not take into account an investor’s investment objectives, particular needs or financial situation and does not constitute financial advice. Investors should read the Information Memorandum applicable for the Fund before making any investment decisions and consider obtaining professional investment advice tailored to their specific circumstances before making any investment decision. Any investment in the Fund will be solely on the basis of the Information Memorandum (as updated and amended from time to time). The Trustee nor any of its related body corporates, guarantee the performance or any rate of return of the Fund. To the extent permitted by law, no warranties, representations or guarantees are given and all loss or damage as a result of this information is expressly excluded.
This material is being issued on a confidential basis and no part of this material may be reproduced or disclosed, in whole or in part without the prior written consent of the Trustee. Offers of interests in the Fund are contained in the Information Memorandum dated October 2023 which is available by contacting the MA Client Service Team at investorservices@ mafinancial.com
