Aura Private Credit Income Fund
The Aura Private Credit Income Fund (previously Aura High Yield SME Fund) aims to provide monthly income with target returns of 9%-12% per annum from a broadly diversified portfolio of loans to businesses in Australia.
NAV per unit as at 31 January 2026: $1.00 and has been maintained over the life of the Fund.
About the Fund
The Aura Private Credit Income Fund (previously called the Aura High Yield SME Fund) is an open-ended unlisted fund that provides funding to non-bank lenders that specialise in providing finance to businesses in Australia.
The Fund invests in diversified pools of business loans via a select group of lenders across various industries capturing the higher interest rate premium of business loans. This provides a layer of diversification in the portfolio and the borrower industry. By carefully analysing the merits of businesses requiring short-term loans, deep due diligence can reduce risk while offering an attractive income yield. Since its inception, there has been no loss of capital in the Fund.
The Fund was previously known as the Aura High Yield SME Fund and was renamed in July 2024.
0.66%
9.47%
115.71%
Overview
The January 2026 distribution was the 102nd since the inception of the Fund. We have delivered annual compound returns of 8.26% in the last 12 months, and annualised returns since inception of 9.47%, net of fees and expenses on a distribution reinvestment basis.
Fund Performance (as at 31 January 2026)
| 1-Month | 3-Month | 6-Month | 1-Year | 2-Year | 3-Year | 5-Year | 7-Year | Since Inc. (p.a.) | Since Inc. (cum)1 | |
| APCIF | 0.66% | 2.00% | 3.99% | 8.26% | 8.96% | 9.10% | 8.96% | 9.10% | 9.47% | 115.71% |
| Benchmark2 | 0.73% | 2.18% | 4.41% | 9.15% | 9.45% | 9.43% | 8.04% | 7.40% | 7.28% | 81.76% |
| RBA Cash Rate | 0.31% | 0.91% | 1.83% | 3.85% | 4.14% | 4.12% | 2.07% | 2.19% | 2.05% | 18.99% |
| Outperformance | -0.07% | -0.18% | -0.42% | -0.88% | -0.50% | -0.24% | 0.92% | 1.70% | 2.18% | 33.95% |
*Performance net of fees and expenses (1) Inception date 1-Aug-17, (2) RBA cash rate plus 5% p.a.
**Returns assume reinvestment of all distributions. Past performance is not an indication of future performance.
Unique Access to business debt capital
Strong Track Record and Risk-Adjusted Returns
Inflation Buffer and Reduced Volatility
Alternative Diversification to Complement Equity and Property Portfolios
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Eligible Investors
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Type, Frequency & Target Return
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Minimum Funds & Investment Period
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Fees
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Benchmark
Wholesale clients as defined by the Corporations Act who have an accountant’s certificate confirming a gross income of over $250,000 p.a. in each of the previous two years and or net assets of at least $2.5 million. Alternatively, you may qualify without an accountant’s certificate if you invest $500,000 or more.
The Aura Private Credit Income Fund is an open-ended fund that provides monthly distributions with a target return of 9-12% p.a. net of fees and expenses.
Aura Group Funds have a minimum investment of A$500,000, however, investments of $100,000 and above will be considered. Each Unit must be on issue for one month before it is eligible for redemption. A Unit on issue for less than one month is called a Redemption Locked Unit.
The following fees apply:
- Management Fees: 1.25% p.a. plus ordinary Fund expenses
- Performance Fees: 20% of returns in excess of the benchmark.
Fees show are exclusive of GST.
RBA Cash Rate + 5.0% p.a.
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How to Apply
Thank you for your interest in the Aura Private Credit Income Fund.
Aura Group Funds have a minimum investment of A$500,000. If you meet the criteria for wholesale and sophisticated clients as defined by the Corporations Act 2001, we will consider a minimum investment of A$100,000.
Before making an application for units in the Fund, please read the Information Memorandum.
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