Please refer to the full qualitative report for this fund for our rating.

Fund Profile: Mason Stevens Credit Fund

Key Information

APIR codeMST0002AU
StatusOpen
Asset classMulti-Strategy Income
Responsible EntityMason Stevens Limited
Fund ManagerMason Stevens Asset Mgmt Pty Ltd
Product typeRetail
Legal typeOpen end
Fund inception31 May 2013
Fund size $135,850,420
Entry / exit price (2021-10-31)$1.0041 / $0.9941
Minimum initial$25000
Distribution frequencyQuarterly

Objective

The Fund seeks to generate returns in excess of the RBA Cash Rate ("Benchmark") by 2.5% per annum after fees and expenses over a period of 3 - 5 years. The Fund seeks to do this by investing in fixed income securities that are expected to deliver income and yield.

What is this fund?

The Fund will typically invest in interest rate securities such as Corporate Debt, Hybrid Securities and Structured Debt Securities including Residential Mortgage Backed Securities (RMBS) and Asset Backed Securities (ABS).

Fees

Management Fee % PA0.94%
TCR % PA0.94%
Entry / Exit %- / -
Buy / Sell Spread %0.50 / 0.50