Fact Sheet
As at March 2024
As at March 2024
Altor AltFi Income Fund
APIR: ALP8437AU
Manager Summary
Altor Capital is an alternative asset manager with an investment philosophy focused on protecting and growing their investors' assets through strategies designed to deliver a superior risk-return profile than traditional asset classes. Altor Capital offer investment solutions across private equity, fixed income, micro-cap and real asset funds. Altor Capital is 100% owned by advice, capital and asset management group, Prime Financial Limited (PFG.ASX).
Strategy Summary
The Altor AltFi Income Fund is predominately focused on the active management of private credit investment opportunities in the SME market. The Fund invests via a portfolio of private credit instruments (loans) across a selected group of small to medium enterprises. Investors receive quarterly cash distributions, and gain further upside through free attaching equity exposure on selected debt investments the Fund makes.
Key Terms
| Status: | Open | Inception Date: | Apr 2018 |
| Strategy: | Credit | Style: | N/A |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale | Min. Investment: | AU$ 100,000 |
| Distributions: | Quarterly | Applications: | Monthly |
| Fund Size: | AU$ 54.61m | Management Fee: | 1.50% |
| Manager FUM: | AU$ 81.98m | Performance Fee: | 10.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 0.75% | 0.75% | Sharpe1: | 3.25 | N/A |
| 1 Year: | 15.40% | 9.14% | Sortino1: | N/A | N/A |
| 3 Years1,2: | 11.02% | 7.10% | Best Month1: | 5.85% | 0.75% |
| 5 Years1,2: | 11.98% | 6.48% | Worst Month1: | -0.03% | 0.42% |
| Inception1,2: | 11.86% | 6.49% | Volatility1,2: | 3.02% | 0.40% |
| Up-Capture1: | 209% | N/A | Down-Capture1: | 0% | N/A |
General Notes
The Altor AltFi Income Fund specialises in a diversified portfolio of private credit to SMEs with a target distribution of 10% p.a. paid quarterly.
Cumulative Returns Fund Index
Altor AltFi Income Fund - Cumulative Performance vs RBA Cash Rate + 5%
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Hybrid Credit Peer Group (13 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Altor AltFi 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.