Foresight Analytics & Ratings has reaffirmed its 'VERY STRONG' rating for the Aura High Yield SME Fund, indicating a high level of confidence in the Fund's ability to deliver risk-adjusted returns in line with its investment objectives. This rating reflects the Fund's robust performance and strategic positioning within the growing non-bank lending sector in Australia.
The Aura High Yield SME Fund, which was launched in August 2017, focuses on providing funding to non-bank lenders that specialise in financing businesses through warehouse financing structures.
Since its inception, the Aura High Yield SME Fund has delivered:
- 81 positive distributions
- Annualised compound return of 9.63% p.a.1
- Cumulative total of 86.03%1
- No loss of capital in the Fund
Our diligent screening of over 90 lending platforms since 2017 and our strategic focus on quality loan originators means we’ve been able to position the Fund to capitalise on the growing demand for SME lending.
In addition to the rating, the Aura High Yield SME Fund won the Fixed Income Fund of the Year award at the prestigious 2023 HFM Asian Performance Awards.
Learn more about the Aura High Yield SME Fund and the Aura Private Credit team.
1. Net of fees and expenses on a distribution reinvestment basis as at 30 April 2024. Past performance is not a reliable indicator of future performance.