Current Unit Price: (20 min. delayed price) ASX:MXT $2.05 -0.97%
NAV as at COB: 21.03.19 $2.0088

MXT

MCP Master Income Trust

OVERVIEW

Unique access to investment opportunities and portfolio diversification

The MCP Master Income Trust listed on the ASX (ASX:MXT) in 2017. It provides investors with the advantage of direct exposure to the Australian corporate loan market – a space dominated by regulated banks and largely inaccessible to non-bank investors. MXT seeks to provide monthly cash income, reduced capital volatility from a diversified portfolio of private debt assets.

Attractive monthly returns

MXT targets a return of the RBA Cash Rate (currently 1.50%) plus 3.25% p.a. (currently 4.75% p.a. net of fees) through the economic cycle, with income distributions intended to be paid monthly.

WHY INVEST IN MXT

As a respected, Australian based alternative asset manager, we’re experts at originating, structuring, negotiating, executing, distributing and managing portfolio risk associated with private market assets. In other words, seeking out new opportunities for you. MXT seeks to provide investors with:

  • Monthly cash income with reduced capital volatility
  • Attractive risk-adjusted returns from a diversified portfolio
  • Portfolio diversification from an investment in Australian corporate fixed income

Who is MXT for?
At Metrics, we believe that fixed income is an important feature of a balanced portfolio and is an increasingly attractive asset class for investors seeking capital stability, regular income and building a more defensive strategy. MXT may be suitable for investors looking for regular monthly income without exposure to the volatility of the equity markets, and a reduced risk of capital loss compared to direct equity investments.

An investment strategy that seeks to preserve capital and offers opportunity
MXT’s investment strategy is to provide exposure to Australian corporate loans that generally reflect bank market activity, diversified by borrower, industry and credit quality. Through active portfolio risk management, we seek to balance investor requirements for return and capital preservation.

PERFORMANCE & FINANCIALS

NAV/UNIT and unit price performance

Nav chart Jan 19
NAV/UNIT and unit price performance
Note: First distribution end December 2017 and month end thereafter. Entitlement Offer announced 26 February, 2017.

Fund performance

Fund performance
Note: Past performance is not a reliable indicator of future performance.

Investment updates
The MCP Master Income Trust monthly report will be released around the 10th of each month.


Distributions

Distributions will be paid monthly. It is intended that the Responsible Entity will establish a Distribution Reinvestment Plan which will allow Unitholders to reinvest monthly income distributions.

OVERVIEW

Unique access to investment opportunities and portfolio diversification

The MCP Master Income Trust listed on the ASX (ASX:MXT) in 2017. It provides investors with the advantage of direct exposure to the Australian corporate loan market – a space dominated by regulated banks and largely inaccessible to non-bank investors. MXT seeks to provide monthly cash income, reduced capital volatility from a diversified portfolio of private debt assets.

Attractive monthly returns

MXT targets a return of the RBA Cash Rate (currently 1.50%) plus 3.25% p.a. (currently 4.75% p.a. net of fees) through the economic cycle, with income distributions intended to be paid monthly.

WHY INVEST IN MXT

As a respected, Australian based alternative asset manager, we’re experts at originating, structuring, negotiating, executing, distributing and managing portfolio risk associated with private market assets. In other words, seeking out new opportunities for you. MXT seeks to provide investors with:

  • Monthly cash income with reduced capital volatility
  • Attractive risk-adjusted returns from a diversified portfolio
  • Portfolio diversification from an investment in Australian corporate fixed income

Who is MXT for?
At Metrics, we believe that fixed income is an important feature of a balanced portfolio and is an increasingly attractive asset class for investors seeking capital stability, regular income and building a more defensive strategy. MXT may be suitable for investors looking for regular monthly income without exposure to the volatility of the equity markets, and a reduced risk of capital loss compared to direct equity investments.

An investment strategy that seeks to preserve capital and offers opportunity
MXT’s investment strategy is to provide exposure to Australian corporate loans that generally reflect bank market activity, diversified by borrower, industry and credit quality. Through active portfolio risk management, we seek to balance investor requirements for return and capital preservation.

PERFORMANCE / FINANCIALS

NAV/UNIT and unit price performance

MXT feb NAV
NAV/UNIT and unit price performance
Note: First distribution end December 2017 and month end thereafter. Entitlement Offer announced 26 February, 2018.

Fund Performance

MXT performance feb
Note: Past performance is not a reliable indicator of future performance.

Investment Updates
The MCP Master Income Trust monthly report will be released around the 10th of each month.

Distributions

Distributions will be paid monthly. It is intended that the Responsible Entity will establish a Distribution Reinvestment Plan which will allow Unitholders to reinvest monthly income distributions.

OTHER LISTed FUNDS

Unlisted funds

Launched in 2013, the Metrics Credit Partners Diversified Australian Senior Loan Fund is an open-ended unit trust. It invests in a diversified portfolio of primarily Australian corporate loans and other associated debt instruments, designed to broadly reflect the corporate loan market.

The fund offers investors direct exposure to Australia’s bank dominated corporate loan market by investing in bilateral, club-style, and syndicated loans to Australian public and private companies.

The fund is an open-ended unlisted trust and is open to accept applications from wholesale investors.

Launched in 2015, the Metrics Credit Partners Secured Private Debt Fund invests in a portfolio of bilateral, club-style and syndicated loans, predominantly to sub investment grade mid-market Australian corporate borrowers across industries. The fund offers investors direct exposure to Australia’s bank-dominated mid-market corporate loan market by investing in loans to private corporates, private-equity sponsored, real estate and structured finance borrowers.

The fund is closed-ended and no longer open to new applications.

The MCP Secured Private Debt Fund II was launched in 2017 and invests in a portfolio of bilateral, club-style and syndicated loans, predominantly to sub investment grade mid-market Australian corporate borrowers across industries. The fund offers investors direct exposure to Australia’s bank-dominated mid-market corporate loan market by investing in loans to private corporates, private-equity sponsored, real estate and structured finance borrowers.

The fund is an open-ended unlisted trust and is open to accept applications from wholesale investors.

The MCP Real Estate Debt Fund was launched in 2017 and invests in a portfolio of Australian Commercial Real Estate (“CRE”) loans. The fund offers investors direct exposure to Australia’s bank dominated CRE loan market by investing in loans to Australian CRE borrowers. These include office, retail, industrial, residential development, and specialised real estate assets such as hotels and healthcare.

The fund is an open-ended unlisted trust and is open to accept applications from wholesale investors.

The MCP Wholesale Investments Trust was launched in [February] 2019 and offers investors exposure to the private debt market sourcing opportunities across Australia, New Zealand and developed Asia., The fund will invest in and alongside Metrics Credit Partners Secured Private Debt Fund, the MCP Secured Private Debt Fund II, the MCP Real Estate Debt Fund and the MCP Credit Trust.

The fund is an open-ended unlisted trust and is open to accept applications from wholesale investors.

The MCP Credit Trust was launched in 2018 and seeks to build an actively managed portfolio aiming to provide attractive risk-adjusted returns through investments mostly in Private Credit while retaining a focus on capitol stability, active risk management and downside capital preservation. The fund is an open-ended unlisted trust and is open to accept applications from wholesale investors.

The MCP Wholesale Investment Trust was launched in 2017 and offers investors direct exposure to the Australian corporate loan market – a space dominated by regulated banks and largely inaccessible to non-bank investors. The trust invests in and alongside Metrics Credit Partners Diversified Australian Senior Loan Fund, MCP Real Estate Debt Fund and MCP Secured Private Debt Fund II.
Current Unit Price: (20 min. delayed price) ASX:MXT $2.05 -0.97%
NAV as at COB: 21.03.19 $2.0088

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Disclaimer and disclosure

All website content in respect of the MCP Master Income Trust ARSN 620 465 090 (the Trust) is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) as responsible entity of the Trust and is prepared by Metrics Credit Partners Pty Ltd ABN 27 150 646 996 AFSL 416 146 (Metrics) as the investment manager of the Trust.

The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Trust, you should consider the current product disclosure statement (PDS) of the Trust and the Trust’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au/, and assess whether the Trust is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

Neither Perpetual nor Metrics guarantees repayment of capital or any particular rate of return from the Trust. Neither Perpetual nor Metrics gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Metrics as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.

Cororate Governance
Personal Trading in Non-Perpetual Securities | RE Services Personal Trading in Non-Perpetual Securities | Unitholders Communications Policy | Continuous Disclosure Policy

Disclaimer and disclosure

All website content in respect of the MCP Income Opportunities Trust ARSN 631 320 628 (the Trust) is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) as responsible entity of the Trust and is prepared by Metrics Credit Partners Pty Ltd ABN 27 150 646 996 AFSL 416 146 (Metrics) as the investment manager of the Trust.

The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Trust, you should consider the current product disclosure statement (PDS) of the Trust, which is available and can be obtained from this website, and the Trust’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au, and assess whether the Trust is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

Neither Perpetual nor Metrics guarantees repayment of capital or any particular rate of return from the Trust. Neither Perpetual nor Metrics gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of Metrics as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.

Cororate Governance
Personal Trading in Non-Perpetual Securities | RE Services Personal Trading in Non-Perpetual Securities | Unitholders Communications Policy | Continuous Disclosure Policy

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