The Aura Core Income Fund is an Australian registered managed investment scheme which aims to invest into a diversified pool of Australian private debt investments. Investments will be made via warehouse securitisation deals, notes or other instruments for business and consumer loans, as well as direct lending to businesses.
The Fund’s primary objective is to focus on preservation of capital as a first order of concern, followed by the provision of stable monthly cash income, and portfolio diversification by providing exposure to a portfolio of private debt assets.
The Fund aims to achieve a Target Return of the Reserve Bank of Australia (‘RBA’) Cash Rate plus 3.5% – 5.5% per annum net of fees and costs, through the economic cycle. The Fund will target private debt investments sourced from multiple channels, including:
- Investing in the funding vehicles of loan originators who are targeting well secured loans with low probability of default, aiming to achieve higher returns on a risk adjusted basis than publicly traded notes of similar portfolio default and loss given default levels.
- Direct business lending opportunities.
- Consumer lending via warehouse securitisation vehicles.
One Managed Investment Funds Limited ACN 117 400 987 is the responsible entity of the Fund. The Responsible Entity holds AFS Licence no. 297042.
The Responsible Entity has appointed Aura Credit Holdings Pty Ltd ACN 656 261 200 as the manager of the Fund.
Aura Group is a wealth and funds management client solutions business. Founded in Australia in 2009, our head office is in Singapore, with a growing footprint across Asia Pacific. Aura Group partners with private clients, family offices, foundations, corporates, and institutions. Aura Group takes a client centric approach to wealth management, providing innovative products and tailored solutions for our clients.
Aura Credit Holdings Pty Ltd, a newly formed company within Aura Group, has entered into a Distribution Partner Agreement with Montgomery Investment Management Pty Ltd (ACN 139 161 701) to distribute the Fund to its client base.
You can download a copy of the Product Disclosure Statement (along with the Application Form) from this page or alternatively you can apply online via the Olivia123 Aura / Montgomery application form: Apply Online.
Should you have any queries, please contact us on auracore@oneinvestment.com.au or call us on (02) 8277 0000.