Fact Sheet
As at March 2024
As at March 2024
MCP Master Income Trust (ASX: MXT)
Manager Summary
Metrics Credit Partners are an Australian non-bank corporate lender and alternative asset manager specialising in fixed income, private credit, equity and capital markets.
Through their managed funds they provide access to the Australian private debt market to investors ranging from individuals to global institutions.
Through their managed funds they provide access to the Australian private debt market to investors ranging from individuals to global institutions.
Strategy Summary
The MCP Master Income Trust provides investors with direct exposure to the Australian corporate loan market - a space dominated by the regulated banks.
MXT targets a return of the RBA cash rate plus 3.25% p.a. (currently 3.50% p.a. net of fees) through the economic cycle, with income distributions intended to be paid monthly.
MXT targets a return of the RBA cash rate plus 3.25% p.a. (currently 3.50% p.a. net of fees) through the economic cycle, with income distributions intended to be paid monthly.
Key Terms
| Status: | Open | Inception Date: | Oct 2017 |
| Strategy: | Credit | Style: | N/A |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 0 |
| Distributions: | Monthly | Applications: | Daily |
| Fund Size: | AU$ 2,072.65m | Management Fee: | 0.30% |
| Manager FUM: | AU$ 20,266.09m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 0.69% | 1.12% | Sharpe1: | 21.85 | 0.04 |
| 1 Year: | 9.47% | 1.47% | Sortino1: | N/A | 0.02 |
| 3 Years1,2: | 6.86% | -1.29% | Best Month1: | 0.83% | 3.36% |
| 5 Years1,2: | 6.16% | 0.17% | Worst Month1: | 0.31% | -3.75% |
| Inception1,2: | 6.00% | 1.56% | Volatility1,2: | 0.51% | 5.01% |
| Up-Capture1: | 42% | N/A | Down-Capture1: | -49% | N/A |
Cumulative Returns Fund Index
MCP Master Income Trust (ASX: MXT) - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Credit Peer Group (41 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
MCP Master Income Trust (ASX: MXT)
RBA Cash Rate + 5%
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.