The Aura High Yield SME Fund has received a Recommended rating from Atchison Consultants.
Atchison Consultants recommended rating definition is as follows:
"The manager’s product has consistently outperformed the median manager across our assessment criteria. We expect the manager to perform ahead of a reasonably appropriate risk and return objective for the product over a full investment cycle."
The Fund now holds ratings from three independence agencies; Australia Ratings, Evergreen Ratings and Atchison Consultants, all of which awarded the fund their second highest rating. We are pleased with the broad and consistent endorsement of the fund from independent agencies.
Since it’s August 2017 inception, the Aura High Yield SME Fund has delivered 44 monthly distributions, all outperforming its benchmark, with zero impairment on income or capital. As at 31 March 2021 the fund has:
Returned 42.08% on a distribution reinvestment basis;
An internal rate of return of 10.13% on a distribution reinvestment basis;
An annualised standard deviation 0.93%;
Never seen it’s Net Asset Value deviate from $1;
Met every redemption request within the mandated time-frame; and
Was recognised as the third top performing credit strategy fund by Preqin during the first half of CY 2020, a time period of Australia’s largest quarter on quarter contraction in GDP on record.
Important information
This information is for accredited, qualified, institutional, wholesale or sophisticated investors only and is provided by Aura Funds Management Pty Ltd (ABN 96 607 158 814, Authorised Representative No. 1233893 of Aura Capital Pty Ltd AFSL No. 366 230, ABN 48 143 700 887). Aura Funds Management Pty Ltd is the Trustee of all the Funds mentioned and a subsidiary of Aura Group Pty Ltd.
Any financial product advice given in this report is of a general nature only. The information has been provided without taking into account the investment objectives, financial situation or needs of any particular investor. Therefore, before acting on the information contained in this report you should seek professional advice and consider whether the information is appropriate in light of your objectives, financial situation and needs. Aura does not guarantee the performance of its funds, the repayment of any capital or any rate of return. Investing in any financial product is subject to investment risk including possible loss. Past performance is not a reliable indicator of future performance. Information in this report is based on the information provided to Aura by third parties that may not have been verified. Aura believes that the information is reliable but does not guarantee its accuracy or completeness. Aura is not able to give tax advice and accordingly investors should obtain independent advice from an accountant and/or lawyer before making any decision based on the tax treatment of its investors. You must read the Fund Fact Sheet or Information Memorandum and seek professional advice before making a decision to invest in any of the funds.