Fact Sheet
As at March 2024
As at March 2024
Metrics Credit Partners Direct Income Fund
APIR: EVO2608AU
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 Fund aims to provide monthly cash income, low risk of capital loss and portfolio diversification by actively managing diversified loan portfolios and participating in Australia's bank-dominated corporate loan market.
It provides exposure reflecting activity in the Australian corporate loan market with diversification by borrower, industry and credit quality. Metrics seeks to implement active strategies designed to balance delivery of the Target Return (RBA Cash Rate +3.25% p.a. net of fees), while preserving investor capital.
It provides exposure reflecting activity in the Australian corporate loan market with diversification by borrower, industry and credit quality. Metrics seeks to implement active strategies designed to balance delivery of the Target Return (RBA Cash Rate +3.25% p.a. net of fees), while preserving investor capital.
Key Terms
| Status: | Open | Inception Date: | Jul 2020 |
| Strategy: | Private Debt/Mortgage | Style: | N/A |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 1,000 |
| Distributions: | Monthly | Applications: | Daily |
| Fund Size: | AU$ 1,904.45m | Management Fee: | 0.21% |
| Manager FUM: | AU$ 20,266.09m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 0.75% | 1.12% | Sharpe1: | 5.63 | -0.54 |
| 1 Year: | 9.99% | 1.47% | Sortino1: | N/A | -0.71 |
| 3 Years1,2: | 7.21% | -1.29% | Best Month1: | 1.99% | 3.36% |
| 5 Years1,2: | N/A | N/A | Worst Month1: | 0.13% | -3.75% |
| Inception1,2: | 7.47% | -1.66% | Volatility1,2: | 1.08% | 5.99% |
| Up-Capture1: | 51% | N/A | Down-Capture1: | -44% | N/A |
Cumulative Returns Fund Index
Metrics Credit Partners Direct Income Fund - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Debt Peer Group (48 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Metrics Credit Partners Direct Income Fund
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.