In The Spotlight

This content is restricted to a financial adviser audience and industry professionals only. It is not suitable for a retail audience or member of the public.

Showcasing a range of fund managers

In the Spotlight is Lonsec’s new initiative that showcases a range of fund managers and products rated by Lonsec in a one on one interview style video. In the Spotlight will highlight the strengths of fund managers and provide insight into their investment strategies and processes.

Life Cycle Investment Partners

Hosted by Matthew Turnbull, Sector Manager, Australian Equities, Lonsec Research and Ratings

Featuring: Peter Rutter, Senior Portfolio Manager, Life Cycle Investment Partners

When allocators look at global equities, styles such as growth, value, and quality are typically considered. However, in this episode, Peter Rutter explains how a corporate life cycle approach can help immunise portfolios from massive style rotations and deliver market leading consistent alpha over a long period of time.

Peter also outlines how this approach gives Life Cycle an edge in both stock picking and building risk balanced portfolios.

About Life Cycle Investment Partners

Life Cycle Investment Partners is a boutique investment manager based in London. Their experienced team adopts a distinctive and proven Corporate Life Cycle inspired approach to invest in global equities with a simple mission: to outperform across multiple market conditions for our clients.

Established in 2024, Life Cycle Investment Partners currently has in excess of A$2bn in assets under management. The firm is majority employee-owned and supported by Pinnacle Investment Management Group, a leading Australian multi-affiliate asset manager based in Sydney.

Disclaimers

Lonsec Disclaimer

Important Notice: This video has been produced by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec Research), for distribution by the relevant fund manager. The relevant fund manager is responsible for the content of the video. Generation Development Group Limited ABN 90 087 334 370 is the parent company of Lonsec Research.

Lonsec Research receives a fee from the relevant fund manager or product issuers for researching financial products (using objective criteria) which may be referred to in this video, for subscribing to research content, production and distribution of this video and other Lonsec Research services. Lonsec Research’s fee is not linked to the rating(s) outcome.

Lonsec Investment Solutions Pty Ltd ABN 95 608 837 583 (CAR: 001236821) of Lonsec Research), receives fees under separate arrangements for providing investment consulting services to fund managers and financial product issuer(s), which includes model portfolios, approved product lists and other financial advice and may receive fees from this fund manager for providing investment consulting services.

Disclaimer: To the maximum extent permitted by law, Lonsec Research makes no representation or warranties, express or implied, as to the accuracy, reliability, validity or completeness of the information provided in this video. Lonsec Research assumes no obligation to update this video after publication. Except for liability which can’t be excluded, Lonsec Research, its directors, officers, employees and agents disclaim all liability for any error, inaccuracy, misstatement or omission, or any loss suffered through relying on the video or any information. Lonsec Research assumes no obligation to update this video after production.

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

Life Cycle Investment Partners Disclaimer

Disclaimer:

This communication is prepared by Life Cycle Investment Partners (‘LCIP’), a Corporate Authorised Representative (No. 1311923) of Pinnacle Investment Management Limited (‘PIML’) (ABN 66 109 659 109, AFSL 322140), as the investment manager of Life Cycle Global Share Fund (ARSN 680 560 918) and Life Cycle Concentrated Global Share Fund (ARSN 680 560 258) (the ‘Funds’). Pinnacle Fund Services Limited (‘PFSL’) (ABN 29 082 494 362, AFSL 238371) is the product issuer of the Funds and is a wholly owned subsidiary of Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22 100 325 184). PFSL is not licensed to provide financial advice.

The information contained in this communication is general information only and does not take into account your objectives, financial situation or needs. Before making a decision to acquire, or continue to hold units in, the Funds, you should consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD) which are available at https://lcip.com/. For historic TMDs, please contact Pinnacle Client Services via phone 1300 010 311 or email service@pinnacleinvestment.com. Any persons relying on this information should obtain professional advice before doing so and consider the appropriateness of the information having regard to your specific circumstances.

Past performance is not a reliable indicator of future performance and the repayment of capital is not guaranteed. Any opinions and forecasts reflect the judgment and assumptions of LCIP and its representatives based on information available as at the date of publication and may later change without notice. Whilst LCIP, PFSL and Pinnacle believe the information contained in this communication is reliable, no warranty is given as to its accuracy, reliability or completeness and persons relying on this information do so at their own risk. To the extent permitted by law, LCIP, PFSL and Pinnacle disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. Unauthorised use, copying, distribution, replication, posting, transmitting, publication, display, or reproduction in whole or in part of the information contained in this communication is prohibited without obtaining prior written permission from LCIP.

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) ratings (assigned October 2024) referred to on this document are limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.

The ratings issued 12/2024 are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.

More In The Spotlight videos

Challenger Investment Management

Filmed in October 2024

Hosted by Rui Fernandes, Head of Product Development, Lonsec Research.

Featuring: Pete Robinson, Head of Investment Strategy, Fixed Income, Challenger Investment Management.

In this episode, Pete Robinson explains how finding gaps within the private credit space and offering solutions to borrowers not easily available elsewhere has helped Challenger Investment Management (Challenger IM) build a sustainable investment strategy.

With the acceleration of investor demand for private assets, Pete also outlines the opportunities in trading between public and private credit markets, the Challenger IM approach to fair market valuations and the outlook for investors now that interest rates are normalising.

About Challenger Investment Management

Specialists in public and private credit markets, Challenger IM creates value for their clients by providing more diversified sources of income compared to more traditional fixed income managers.

Challenger IM is part of the ASX-listed Challenger Group — a leading provider of retirement solutions. Since 2005 they have managed fixed income investments for Challenger’s own balance sheet along with a wide range of institutional, wholesale, and retail investors.

Challenger IM teams based in Sydney and London manage A$16 billion¹ in fixed income investments across four funds and multiple bespoke separate accounts, sourcing opportunities across public and private credit markets.

^1. As at 31 Dec 24 and AUD unless otherwise stated.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

Challenger Investment Management Disclaimer

Disclaimer:

Challenger Investment Management (Challenger) is a member of the Challenger Limited group of companies (Challenger Group). Challenger Limited ABN 85 106 842 371 is listed on the Australian securities exchange.

The information presented in relation to Challenger Investment Management is provided by Challenger Investment Partners Limited ABN 29 092 382 842, AFSL 234678. Challenger Investment Management is the investment manager of the Challenger IM Credit Income Fund ARSN 620 882 055 and the Challenger IM Multi-Sector Private Lending Fund ARSN 620 882 019 (the Funds). Fidante Partners Limited ABN 94 002 835 592, AFSL 234668 (Fidante) is the responsible entity and issuer of interests in the Funds. Fidante and Challenger Investment Management are members of the Challenger Limited group of companies (Challenger Group). Information is intended to be general only and not financial product advice and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of it having regard to your objectives, financial situation and needs. Target Market Determination (if relevant) and Product Disclosure Statement (PDS) available at www.fidante.com.au should be considered before making a decision about whether to buy or hold units in the Funds. Past performance is not a reliable indicator of future performance.

Investments in the Funds are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Accordingly, the performance, the repayment of capital or any particular rate of return on your investments are not guaranteed by any member of the Challenger Group.

We have taken reasonable care to ensure that any facts stated are accurate and any opinions given are on a reasonable basis, however you should form your own views on these facts or opinions. In preparing this information, we have in part relied on publicly available information and third-party sources believed to be reliable, however, unless otherwise stated, the information we provide has not necessarily been independently verified or audited.

Talaria Capital

Filmed in October 2024

Hosted by Hong Hon, Manager Global Equities, Lonsec Research

Featuring: Chad Padowitz, Co-founder and Co-CIO at Talaria Capital

In this episode, Chad details how the Talaria Global Equity Fund is built on the philosophy that ‘investors should be paid for taking risk’.

The Talaria Global Equity Fund is single strategy value investing fund that exploits the difference in underlying volatility of share prices and the volatility of cash flows.

Chatting with Hong, Chad outlines how the fund can be incorporated into client portfolios to offer lower downside risk, smoother and more consistent returns and sustainable income.

About Talaria Capital

For nearly 20 years Talaria has been helping people and communities enjoy a more certain financial future by delivering high levels of consistent income, lower market risk and greater certainty of returns. Through their unique and alternative approach to global equity investing Talaria uses multiple return sources to deliver superior risk-adjusted outcomes.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

Talaria Capital Disclaimer

Wholesale Clients Only. The information contained in this presentation is made available only for persons who are wholesale clients or sophisticated investors within the meaning of the Corporations Act 2001 (Cwlth). It may not be distributed or replicated in any form, to anyone who is not a wholesale client or sophisticated investor in Australia.

No Reliance. This document is produced by Talaria Asset Management Pty Limited (Talaria) ACN 130 534 342, AFS Licence No 333732 and based on information available at the time of the presentation. The information herein is factual and believed to be accurate as at the time of the presentation.

Illustrative information only. This presentation is not, and is not intended to be, an offer or invitation for subscription or sale, or a recommendation, with respect to any financial product discussed herein, nor is it to form the basis of any contract or commitment. Such an offer would only be made by distribution of an offering memorandum relating to any such financial products offering recipients of this presentation should therefore place no reliance on the content of this presentation when making any decision to invest. Any examples or information provided in this document are for illustrative and discussion purposes only and do not represent a recommendation or Talaria’s view on future events and in no way bind Talaria. The presentation and this document do not purport to be a complete statement or summary. The Talaria Global Equity strategy is available through the Talaria Global Equity Fund – Managed Fund (Fund) ARSN 132 393 705. The Fund is issued by Australian Unity Funds Management Limited ABN 60 071 497 115 AFS Licence No. 234454. In deciding whether to acquire, hold or dispose of the product you should obtain a copy of the Fund’s Product Disclosure Statement (PDS) and consider whether the product is appropriate. A copy of the PDS is available at the website australianunity.com.au or by calling the Client Services team on 13 29 39.

This presentation is confidential and should not be distributed by the recipient in whole or in part to any other person without obtaining the prior written consent of Talaria Asset Management Pty Limited.

T. Rowe Price

Filmed in October 2024

Hosted by Hong Hon Manager, Global Equities, Lonsec Research

Featuring: Peter Bates, portfolio manager of the T. Rowe Price Concentrated Global Equity Fund

In this video Peter explains how he came to start the fund, how he manages risk in a global, style-balanced fund of typically 30-45 stocks and how he is able to leverage insights from T. Rowe Price Global Equity platform. Peter answers questions on why T. Rowe Price decided to start the fund, how he manages risk within a concentrated fund and how he leverages insights from the global team of T. Rowe Price analysts to select the right stocks for the portfolio.

About T.Rowe Price

T. Rowe Price is one of the largest global asset managers, with assets under management of AUD$2.35 trillion, across a range of asset classes. They have an active management approach that aims to identify market risks and opportunities that can give their clients sharper insights and an investment edge.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

T.Rowe Price Disclaimer

Important Information

Available in Australia for professional financial advisers and fund managers only. Not for further distribution.

Equity Trustees Limited (“Equity Trustees”) (ABN: 46 004 031 298, AFSL: 240975), is the Responsible Entity for the T. Rowe Price Australian Unit Trusts (“the Fund”). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN: 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).

This material has been prepared by Lonsec Research Pty Ltd (ABN 11 151 658 561) for T. Rowe Price Australia Limited (“TRPAU”) (ABN: 13 620 668 895, AFSL: 503741) to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither TRPAU, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it.

Past performance is not a reliable indicator of future performance. You should obtain a copy of the Product Disclosure Statement, which is available from Equity Trustees (www.eqt.com.au/insto) or TRPAU (www.troweprice.com.au), before making a decision about whether to invest in the Fund named in this material.

The Fund’s Target Market Determination is available here https://www.eqt.com.au/corporates-and-fund-managers/fund-managers/institutional-funds/institutional-fund-manager?f=1e68c659-e0db-4d2f-8a96-c436f3d60971. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.

Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources’ accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the time of the interview and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price.

202411-3993361

Nanuk Asset Management

Filmed in September 2024

Hosted by Richard Dalidowicz, Senior Research Analyst, Lonsec Research

Featuring: Tom King OAM, Nanuk Asset Management Chief Investment Officer

Watch Richard and Tom discuss how Nanuk is capitalising on a changing economy, their investment framework and what sets them apart from other funds with a sustainable outlook.

About Nanuk

Nanuk Asset Management was established in 2009. The firm is an industry leader in thematic investing and focuses on sectors that are benefiting from the changes in the global economy necessary to address the increasing tension between ongoing economic growth and longer-term sustainability.

Nanuk Asset Management is committed to investing in listed companies associated with the broad themes of clean energy, energy efficiency, industrial efficiency, waste management, pollution control, advanced & sustainable materials and healthcare technology.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

Nanuk Asset Management Disclaimer

This presentation is prepared by Nanuk Asset Management Pty Ltd (‘Nanuk’) (AFS Licence no. 432119) for wholesale clients only. The information contained in this presentation is of a general nature only, does not take into account the objectives, financial situation or needs of any particular person and is not to be taken into account as containing any personal investment advice or recommendation. Before making an investment decision, you should consider whether the investment is appropriate in light of those matters. While this presentation has been prepared with all reasonable care, no responsibility or liability is accepted for any errors, omissions or misstatements however caused. No warranty is provided as to the accuracy, reliability and completeness of the information in this presentation and you rely on this information at your own risk. Any prospective yields or forecasts referred to in this presentation constitute estimates which have been calculated by Nanuk’s investment team based on Nanuk’s investment processes and research. To the extent permitted by law, all liability to any person relying on the information contained in this presentation is disclaimed in respect of any loss or damage (including consequential loss or damage) however caused, which may be suffered or arise directly or indirectly in respect of such information. Any past performance information in the presentation is not a reliable indicator of future performance. This presentation should not be construed as an offer to sell or the solicitation of an offer to buy any financial services or financial products. This document is confidential, is intended only for the person to whom it has been delivered and under no circumstance may a copy be shown, copied, transmitted or otherwise given to any person other than the authorised recipient. Performance results are shown for illustration and discussion purposes only.

Equity Trustees Limited (‘EQT’) (ABN 46 004 031 298) AFSL 240975 is the Responsible Entity for the Nanuk New World Fund. This publication has been prepared to provide you with general information only. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. We do not express any view about the accuracy or completeness of information that is not prepared by us and no liability is accepted for any errors it may contain. Past performance should not be taken as an indicator of future performance. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain a copy of the product disclosure statement before making a decision about whether to invest in this product. Nanuk New World Fund’s Target Market Determinations are available here: https://swift.zeidlerlegalservices.com/tmds/SLT2171AU and here https://swift.zeidlerlegalservices.com/tmds/ETL0535AU. A Target Market Determination is a document which is required to be made available from 5 October 2021. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.

AXA Investment Managers

Filmed in March 2024

Hosted by Isrin Khor, Manager Fixed Income, Lonsec Research

Featuring Marion Le Morhedec, Global Head of Fixed Income at AXA Investment Managers (AXA IM)

Watch Isrin and Marion discuss the growth of the green bonds market over the past decade, how green bonds can be a good diversifier for investors, and the AXA IM framework for assessing green bonds.

About AXA

AXA IM is a responsible global investor who actively invests for the long-term to help their clients, people and communities to prosper and secure a sustainable future for the planet. With 30 years of experience, responsible investing is at the core of who they are as asset managers.

AXA IM offers a wide range of investment strategies, ranging from fixed income, equities to multi-asset, which deliver sustainable growth through the ever evolving investment cycle. They also help investors meet their investment goals through their expertise in multi-manager investing.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

AXA Disclaimer

Important information

Not for Retail distribution: This video is intended exclusively for Professional, Institutional or Wholesale Clients / Investors only, as defined by applicable local laws and regulation. Circulation must be restricted accordingly.

 This video has been prepared by AXA Investment Managers Australia Ltd (AXA Investment Managers) (ABN 47 107 346 841 AFSL 273320) the investment manager of the AXA IM Green Bonds Fund. Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the AXA IM Green Bond Fund. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).

 This video has been prepared by AXA Investment Managers to provide you with general information only. In preparing this video, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither AXA Investment Managers, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product.

 AXA IM Green Bonds Fund’s Target Market Determination is available http://www.eqt.com.au/insto. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.

FSSA Investment Managers

Filmed in May 2024

Hosted by Rui Fernandes, Head of Product Development, Lonsec Research

Featuring: Rizi Mohanty, Portfolio Manager, FSSA Investment Managers (FSSA)

Hear Rui and Rizi discuss the FSSA investment approach, how it sets them apart and why China and India remain central to the firm’s investment outlook.

About FSSA

FSSA, part of the First Sentier Investors Group, are specialists in Asia and Global Emerging markets. Their approach to investing centres on identifying quality companies, buying them at a sensible price and holding for the long term. They look for founders and management teams that act with integrity and risk awareness; and dominant franchises that have the ability to deliver sustainable and predictable returns over the long term.

FSSA are research-driven, bottom-up investors, carrying out detailed fundamental analysis to identify high quality companies to invest in for the long term. The FSSA team travel extensively to meet with companies to assess the quality of management and their track record of executing long-term strategies; and supplement this with a qualitative and quantitative analysis of the company’s ability to compound growth in excess of the cost of capital.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

FSSA Disclaimer

Important information

References to “we” or “us” are references to First Sentier Investors (FSI). The FSSA Investment Managers business forms part of First Sentier Investors, which is a global asset management business that is ultimately owned by Mitsubishi UFJ Financial Group, Inc (MUFG), a global financial group.

In Hong Kong, this document is issued by First Sentier Investors (Hong Kong) Limited (FSI HK) and has not been reviewed by the Securities & Futures Commission in Hong Kong. In Singapore, this document is issued by First Sentier Investors (Singapore) (FSIS) whose company registration number is 196900420D. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Australia, this information has been prepared and issued by First Sentier Investors (Australia) IM Ltd (ABN 89 114 194 311, AFSL 289017) (FSI AIM).

This document is directed at persons who are professional, sophisticated or wholesale clients and has not been prepared for and is not intended for persons who are retail clients. The information herein is for information purposes only. It is not intended to provide you with financial product advice and does not take into account your objectives, financial situation or needs. Before making an investment decision you should consider, with a financial advisor, whether this information is appropriate in light of your investment needs, objectives and financial situation. Some of the funds mentioned herein are not authorised for offer/sale to the public in certain jurisdiction. Reference to specific securities (if any) is included for the purpose of illustration only and should not be construed as a recommendation to buy or sell the same. All securities mentioned herein may or may not form part of the holdings of First Sentier Investors’ portfolios at a certain point in time, and the holdings may change over time.

Any opinions expressed in this material are the opinions of the individual authors at the time of publication only and are subject to change without notice. Such opinions: (i) are not a recommendation to hold, purchase or sell a particular financial product; (ii) may not include all of the information needed to make an investment decision in relation to such a financial product; and (iii) may substantially differ from other individuals within First Sentier Investors.

Please refer to the relevant offering documents in relation to any funds mentioned in this material for details, including the risk factors and information on requirements relating to investor eligibility before making a decision about investing in such funds. The offering document is available from First Sentier Investors and FSI on its website and should be considered before any investment decision in relation to any such funds.

Neither MUFG, FSI HK, FSIS, FSI AIM nor any of affiliates thereof guarantee the performance of any investment or entity referred to in this document or the repayment of capital. Any investment in funds referred to herein are not deposits or other liabilities of MUFG, FSI HK, FSIS, FSI or affiliates thereof and are subject to investment risk, including loss of income and capital invested.

We have taken reasonable care to ensure that this material is accurate, current, and complete and fit for its intended purpose and audience as at the date of publication. No assurance is given or liability accepted regarding the accuracy, validity or completeness of this material and we do not undertake to update it in future if circumstances change. No part of this material may be reproduced or transmitted in any form or by any means without the prior written consent of FSI.

Any performance information has been calculated using exit prices after taking into account all ongoing fees and assuming reinvestment of distributions. No allowance has been made for taxation. Past performance is not indicative of future performance.

Metrics Credit Partners

Filmed in May 2024

Hosted by Darrell Clark, Deputy Head of Research and Manager, Alternatives, Lonsec Research

Featuring: Andrew Lockhart, Managing Partner, Metric Credit Partners (Metrics)

Within this video you will learn more about Metric’s investment philosophy and approach, focusing on the Lonsec rated Metrics Master Income Trust and Metrics Income Opportunities Trust.

About Metrics

Metrics are a leading Australian non-bank corporate lender and alternative asset manager with in excess of $18bn in AUM, specialising in fixed income, private credit, equity and capital markets. Through their managed funds Metrics provide unrivalled access to the Australian private debt market to investors ranging from individuals to global institutions. They have a range of innovative investment products that are designed to provide investors with access to investment opportunities that seek to provide capital stability and regular income.

Metrics offer tailored borrowing solutions to corporate and other entities of all sizes and across all industries in Australia, New Zealand and developed Asia.

Disclaimers

Lonsec Disclaimer

You may not reproduce, transmit, disseminate, sell or publish this information without our written consent.

Our Conflict-of-Interest Statement can be accessed at https://www.lonsec.com.au/important-documents/

Metrics Disclaimer

This is general information only and is not intended to provide you with financial advice and has been prepared without taking into account your objectives, financial situation or needs. The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235 150) is the Responsible Entity of the Metrics Master Income Trust and Metrics Income Opportunities Trust (the Trusts).

Equity Trustees Limited (Equity Trustees) ABN 46 004 031 298 AFSL 240975, is the Responsible Entity for the Metrics Direct Income Fund ARSN 641 620 331 (the Fund).

Metrics Credit Partners Pty Ltd ABN 27 150 646 996 AFSL 416 146 (Metrics), is the investment manager of the Trusts and Fund. For further information on the Trusts and Fund please refer to their respective PDS and Target Market Determination documents which are available at www.metrics.com.au