Current Unit Price: (20 min. delayed price) ASX:MXT $2.06 0.00%
NAV as at COB: 05.12.19 $2.0032
Current Unit Price: (20 min. delayed price) ASX:MOT $2.07 0.00%
NAV as at COB: 05.12.19 $2.0077

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Metrics Credit Partners offers two big monthly dividend funds for ASX investors

Motley Fool, Tom Richardson – 2 October 2019

A lot of retail investors will be stepping up their search for yield given 0.75% cash rates with Sydney-based Metrics Credit Partners now running two listed investment trusts on the ASX that provide the opportunity to lock in some term-deposit-thumping yields.

The MCP Income Opportunities Trust (ASX: MOT) and MCP Master Income Trust (ASX: MXT) are both exchange traded listed investment trusts that aim to return between 4%-10% per annum to investors, with capital preservation a priority.

Zooming out a little, Metrics Credit Partners describes itself as Australia’s leading non-bank corporate lender mainly involved in the asset finance, working capital, general capex, or acquisition funding space.

Typically it’ll lend in the healthcare, real estate, leisure, private equity, and PPP space to effectively give fund investors access to the higher returns available in private debt markets.

The MCP Master Income Trust targets returns of 3.25% above the RBA cash rate (net of fees and costs) and pays income monthly, while yielding 5.8% as at August 2019. The chart below gives investors a good idea of past performance.

The fund itself appears reasonably liquid with at least a couple of million dollars worth of units being traded daily according to Commsec, and the management team reports it’s keenly aware of managing issues around the liquidity of the underlying assets.

In April 2019 the MCP Income Opportunities Trust (ASX: MOT) started trading on the local market after raising $300 million at IPO. It aims to return 8% to 10% per year to investors net of fees, while preserving capital and offering potential to benefit from any upside gains on alternative investments.

The company is run by a coterie of highly experienced investment partners with long career histories working at major international or Australian banks such as National Australia Bank Ltd (ASX: NAB). The average partner has between 30 to 40 years’ investment experience.

Interested investors can get in touch with the company directly via its website and read up on all the relevant product disclosures online. If necessary they should also seek professional advice before any investment.

https://au.finance.yahoo.com/news/metrics-credit-partners-offers-two-050947239.html

 

Current Unit Price: (20 min. delayed price) ASX:MXT $2.06 0.00%
NAV as at COB: 05.12.19 $2.0032
Current Unit Price: (20 min. delayed price) ASX:MOT $2.07 0.00%
NAV as at COB: 05.12.19 $2.0077

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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

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned May/2019) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines

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, 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

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned May/2019) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines

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