Aura Group | News and Insights

Aura High Yield SME Fund Now Available on Macquarie Wrap Platform

Written by Brett Craig | Nov 30, 2021 2:46:00 AM

The Aura High Yield SME Fund is now available to wholesale investors on the Macquarie Wrap Platform.

The Aura High Yield SME Fund is an established Private Debt Fund with a 9.97% net IRR, annualised standard deviation of monthly distributions since inception of 0.95% and a Net Asset Value which has never deviated from $1, as at 31 October 2021.

The Fund was launched in August 2017 and fared well throughout Australia’s most recent and intense recession on record. The Fund was recognised as the third top-performing credit strategy fund for the first half of 2020 in Asia-Pacific, by Preqin, a fund performance data aggregator which tracks the performance data for over 1,500 funds based in Asia-Pacific. Throughout CY 2020 the Fund produced a distribution reinvestment return after fees of 9.26%. Investors realised monthly distributions with an average of 74 bps and a standard deviation of 1 bp. As at 31 October 2021, the Fund has a Sharpe Ratio of 17.11 and when benchmarked against the ASX200, has a Beta of -0.002.

Advisors looking to add defensive, income-producing funds with demonstrated NAV stability to their investment menu, please contact us below.