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Foresight Analytics rates three Metrics Credit Partners Trusts

Foresight Analytics has completed a ratings assessment of three funds managed by Metrics Credit Partners (Metrics), the Metrics Master Income Trust (MXT), the Metrics Direct Income Fund, and the Metrics Income Opportunities Trust (MOT) (collectively the Trusts). All three Trusts have been assigned a SUPERIOR rating.

A rating of SUPERIOR is the highest rating on the investment rating scale used by Foresight Analytics. A SUPERIOR investment rating indicates the highest level of confidence that the Trust can deliver a risk-adjusted return in line with its investment objectives.

The Metrics Direct Income Fund and the Metrics Master Income Trust (MXT) have been assigned a ‘SUPERIOR’ investment rating and a Foresight Complexity Indicator of ‘RELATIVELY SIMPLE’, which reflects the view that the Funds are considered relatively simple financial products, and that the investment manager will seek to outperform in their market sector in this case the Australian corporate loan market.

The Metrics Income Opportunities Fund (MOT) has been assigned a Foresight Complexity Indicator of ‘COMPLEX’, which indicates that the underlying investments in the Australian Private Credit market may be structurally complex.

All three Trusts are managed by Sydney-based Metrics Credit Partners. Metrics is the largest non-bank lender in Australia in this sector. Over recent years, the experienced management team at Metrics have grown its capability steadily, increasing team size, fund size, and diversification of the underlying Trusts.

Foresight Analytics’ analyst Maggie Callinan said, “the Metrics team is very experienced and well-resourced, with a solid track record”. She added, “each of these Trusts are an attractive investment on a risk-return basis, offering well diversified investment in a sub-asset class that would otherwise be difficult to access for non-bank investors”.

The research report is available from www.foresight-analytics.com.

About Foresight Analytics

Foresight Analytics, an independent Sydney based firm, provides investment diligence, data analytics, research and advisory solutions to leading investment management companies, superannuation funds and wealth groups across the Asia Pacific. Foresight’s innovative, evidence-based analytical approach blends both human and forensic insights to deliver unique perspectives to investors. Foresight Analytics was founded in 2015 by Jay Kumar, a former executive of Morningstar, Optimix Investment Management, ANZ Wealth & Private Bank and the Reserve Bank of Fiji.

Foresight’s fiduciary solutions includes Diligence Services (Investment, Operations, ESG Diligence, Risk Diligence), Data Analytics, Research and Portfolio Allocation Advice. Foresight’s fund strategy solutions include Data Analytics for asset managers, Fund Strategy Benchmarking Solutions and Strategic Research.

For more information, please visit our website on www.foresight-analytics.com and social media platforms via LinkedIn, Facebook or Twitter.

Disclaimer
The material contained in this document has been prepared solely by Foresight Analytics and Ratings Pty Ltd under Australian Financial Services Licence No. 494552. The material contained in this document is for general information purposes only, and individual financial positions, objectives and circumstances have not been taken into consideration. The information contained in this material should not be acted upon without obtaining advice from a licensed investment professional. It is neither an offer to sell nor a solicitation of any offer to purchase and /or sale of any securities in an investment product or managed investment scheme, derivative, index, or financial instrument, nor is it an advice or a recommendation to enter into any transaction. No allowance has been made for transaction costs or management fees, which would reduce investment performance. Any investment in a financial product or fund involves a degree of risk. Actual results may differ from the reported performance. It is important to note that past performance is not an indication of future performance. Foresight Analytics and Ratings research material maybe based upon information provided by the investment manager which is known to us or which was obtained from sources that we believed to be reliable and accurate at the time of publication, but Foresight Analytics and Ratings makes this information available on an “as is” basis without a duty to update, make warranties, express or implied, regarding the accuracy of the information contained herein. Errors may exist in data acquired from third party vendors, & in coding related to statistical analyses. Foresight Analytics and Ratings Pty Ltd disclaims any & all expressed or implied warranties, including, but not limited to, any warranties of merchantability, suitability for a particular purpose or use. All opinions and views expressed constitute judgment as of the date of the communication and may change at any time without notice and without obligation. Such information may be based on certain assumptions and involve elements of subjective judgment and analysis.
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