On the 1st of August 2024, the Aura Private Credit Income Fund (previously the Aura High Yield SME Fund) celebrated its seventh birthday. The Fund aims to provide monthly income with target returns of RBA+5% from a broadly diversified portfolio of loans to businesses in Australia.
The Fund has gone from strength to strength, achieving 84 months of continuous positive returns, delivering between 0.60% and 0.93% every month for seven years to investors*.
Since its inception, the Aura Private Credit Income Fund has delivered*:
- 84 months of continuous positive returns
- 85% 12-month net return
- 64% net since inception annualised
- 44% net return since inception (cumulative)
- No loss of capital in the Fund
The Aura Private Credit team have also collected accolades, with the Fund winning Fixed Income Fund of the Year award in 2022 and 2023 at the prestigious HFM Asian Performance Awards. The Fund is nominated for 2024, with results to be announced on the 16th of September. The Fund is rated Very Strong by Foresight Analytics and Commended by Evergreen Ratings.
Learn more about the Aura Private Credit Income Fund and the Aura Private Credit team.
* As at 31 July 2024. 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 a reliable indication of future performance. Monthly distributions and the return of capital are not guaranteed and are subject to the performance of the Fund.
