Private Credit
MA Sustainable Future Fund
A growth capital fund that provides investors access to a diversified portfolio of secured corporate loans to established growth-stage companies which support a sustainable future planet and society. The Fund targets a quarterly cash distribution above 8% p.a. and an IRR above 13% p.a.¹
The Fund has delivered an 11% annual distribution yield since inception1
The Fund has delivered a 13% annualised return since inception1
The Manager applies a clear sustainability framework built upon best-practice guidance
Fund overview
The Fund invests in a diversified portfolio of secured loans to established growth-stage companies (Growth Credit) which support a more sustainable future planet and society.
In addition to fixed returns through interest-bearing loans, the Fund will seek equity-like upside participation through additional warrants and/or other conversion rights.
10% of Performance Fees earned by MA Financial will be donated to further support the United Nations Sustainable Development Goals (UNSDGs), specifically those targeting the alleviation of global poverty and hunger.
The Fund is underpinned by a 5% co-investment by MA Financial and its staff up to $5 million, aligning interests with investors.
Our approach to sustainability
The Fund aims to support a more sustainable future planet and society by investing in businesses where commercial success creates and multiplies a positive sustainability impact, as measured against one or more of the UNSDGs.
The sustainability objectives of the Fund are built on four pillars of sustainability:
- No Harm
- Positive Impact
- Drive organisational ESG awareness
- Facilitate organisational alignment with ESG principles.
Donations
The Fund donates 10% of performance fees to initiatives that address some of the most pressing global challenges with a focus on UNSDG #1 (poverty alleviation) and UNSDG #2 (ending global hunger).
We have identified the Centre for Agriculture and Bioscience International (CABI) and the Consultative Group on International Agricultural Research (CGIAR) as two well respected organisations with global reach and delivery which directly target these Goals, and where the Fund’s contribution will have a multiplier effect in third world countries.
Learn more about CABI
Learn more about CGIAR
RIAA – Sustainable Plus Investment status
The MA Sustainable Future Fund has been certified a ‘Sustainable Plus’ investment status by the Responsible Investment Association Australasia (RIAA). RIAA is the preeminent standard for responsible investing and sustainable finance in Australia and New Zealand, and the certification confirms the Fund meets all RIAA requirements regarding responsible investment approaches, claims, processes, stewardship programs and disclosures.
The MA Sustainable Future Fund has been certified and classified by the Responsible Investment Association Australasia according to the operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsiblereturns.com.au and RIAA's Financial Services Guide for details.2
Fund video
Watch this short video to hear Portfolio Manager, Jaron Yuen, introduce the Fund and outline how Growth Credit strategies differ to traditional credit.
Fund facts
Target Return
Above 13% IRR p.a.1
Target distribution yield
Above 8% p.a. payable quarterly in cash or reinvested as part of the Distribution Reinvestment Plan
Minimum initial investment
$100,000
Eligibility
Wholesale investors
Distribution frequency
Quarterly
Unit Pricing Frequency
Monthly
Liquidity
Quarterly redemption commencing October 20243
Management fees
1.0% of NAV
Performance fee
20.0% p.a. of performance above a cumulative return hurdle of 8% p.a.
Platform availability
HUB24, Mason Stevens, Netwealth (IDPS), Powerwrap
Sustainability framework
Investments contribute to a sustainable future planet and society as measured against UNSDGs
Donations
10% of performance fees donated towards causes that support UNSDGs
Private credit insights
Private Credit Investment Series
Through a series of four insights our Head of Global Credit Solutions, 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.
Additional Fund information available upon request:
- Information Memorandum
- Exclusions List
- Latest Sustainability Report
- Latest Quarterly Update
- Sustainability Assessment Framework
- Sustainability Goal Factors
1. The Fund inception date is 1 October 2022. Annualised return since inception as at 31 March 2024. Net of fees and costs, target returns are before tax. The annualised return calculation includes one cycle of audited accounts as at 30 June 2023 and unaudited management accounts for the period 1 July 2023 to 31 March 2024. Past performance is not a reliable indicator of future financial performance and all investments carry risk. Refer to the Fund's Information Memorandum for further information on target returns, potential risks and Fund details.
2. The Responsible Investment Certification Program provides general advice only and does not take into account any person’s objectives, financial situation, or needs. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Because of this, you should consider your own objectives, financial situation and needs and also consider the terms of any product disclosure document before making an investment decision. Certifications are current for 24 months and subject to change at any time.
3. Refer to the Fund’s Information Memorandum for further information regarding the liquidity features.
MA Asset Management Ltd (ACN 142 008 535) (AFSL 427515) is the trustee (Trustee) of the MA Sustainable Future Fund (Fund) and has appointed MA Investment Management Pty Ltd ACN 621 552 896 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 material 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 may not 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 which is available by contacting the MA Client Service Team at MAclientservices@mafinancial.com or on +61 2 8288 5594.
