RETAIL funds
Launched in 2020, the Metrics Direct Income Fund is an unlisted Australian Unit Trust, which seeks to provide investors with attractive monthly cash income, low risk of capital loss and portfolio diversification through its exposure to the MCP Wholesale Investments Trust (Sub-Trust).
The Fund is currently comprised of >300 individual investments diversified across companies, industry sectors and the credit spectrum.
Wholesale 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 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 capital 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 Investments 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.
The fund is an open-ended unlisted trust and is open to accept applications from wholesale investors.
The Metrics Wholesale Income Opportunities 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 gains exposure to 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 however is not currently open to applications.
NEW ZEALAND
Launched in 2021, the Metrics Multi-Strategy Private Debt (NZ) Fund is a New Zealand domiciled portfolio investment entity (PIE) offering New Zealand investors exposure to a well-constructed portfolio of directly originated loans to New Zealand and Australian companies. Up until now, the New Zealand and Australian corporate loan markets have been dominated by regulated banks and largely inaccessible to non-bank investors.
The fund is an open-ended PIE and is open to accept applications from NZ-based wholesale investors.
Key features:
- Diversified portfolio (currently in excess of 300 individual investments)
- Monthly income
- Low cost
- Monthly liquid
JAPAN
Launched in 2021, the Metrics Diversified (Australia and New Zealand) Lending Fund is an unlisted Australian unit trust offering Japanese institutional investors exposure to a portfolio of directly originated loans to Australian and New Zealand companies via investment in the Metrics Credit Partners Diversified Australian Senior Loan Fund which is diversified by borrower, industry and credit quality.
The fund accepts applications from Japan-based wholesale investors.
Key features:
- Highly diversified portfolio of directly originated corporate loans
- Monthly cash income distributions
- Attractive risk-adjusted returns