The Aura High Yield SME Fund has maintained it’s “Very Strong – Complex Product” rating from Australia Ratings.
A Very Strong rating indicates a very strong level of confidence that the Fund can deliver a risk-adjusted return in line with its investment objectives at this stage of the growth of on-line lending in Australia. The investment manager’s support for this strategy is experienced and well-resourced. Designation as a COMPLEX Product indicates that the investment manager will seek to outperform their chosen specialist market sector, in this case, the Australian SME loan market.
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Throughout 2020, the Fund produced a distribution reinvestment return of 9.26%, average monthly distribution of 74 bps, standard deviation of monthly distributions of 1 bp and was recognised as the third top performing credit strategy fund for the first half of 2020 in Asia-Pacific by Preqin.
The fund continues to perform well with returns since inception of 40.11% and a 42-month track record as at 31 January 2021.
Returns are net of fees and expenses and are as at 31 December 2020. Past performance is not a reliable indicator of future performance.
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.
Evergreen Ratings have a long history in the asset consulting space via a number of highly regarded investment professionals.
We are pleased to announce that the Aura High Yield SME Fund has received a Recommended rating from Atchison Consultants.
VERY STRONG indicates a very strong conviction that the management team can deliver a risk-adjusted return in line with its investment objectives.