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About the Fund

The Ares Global Credit Income Fund is a diversified multi-sector credit strategy with a focus on providing investors steady monthly income from an actively managed portfolio of fixed income securities.

Attractive current income.
A focus on downside protection (1).
Diversification (1) across a broad opportunity set.

Why this Fund

The Ares Global Credit Income Fund suits investors seeking to invest over the long term, with a preference for stable income and seeking to minimise risk of capital loss.

Access to diverse investment opportunities and asset classes which are generally unavailable to individual investors.
The ability to dynamically allocate capital based on the attractive relative value opportunities across industries, issuers and regions within the credit spectrum.
A leading global investment team with 20+ years of experience investing in global credit markets.

Fund Facts

About this fund
Unit prices (at 25 Nov 2022)
Buy $0.94 / Sell $0.95
Buy/sell spread (at 13 Oct 2022)
0.40 / 0.40
Inception date
01 May 2020
Benchmark
Bloomberg AusBond Bank Bill Index
Fund size (at 31 Oct 2022)
$60.96m
Distribution Frequency
Monthly
Suggested Min Timeframe
At least three to five years
Currency
AUD
Portfolio Managers
Boris Okuliar
Charles Arduini
Samantha Milner
Seth Brufsky
Fund IDs
APIR
HOW4476AU
ARSN
639 123 112
TICKER
-
mFund
-
Fees / Pricing
Management Costs
0.75%
Performance Fee (if applicable)
-
Min Investment
$10,000.00
Ares Australia Management Pty Ltd ABN 51 636 490 732 AFSL 537 666 (AAM) is the investment manager of the Ares Global Credit Income Fund (ARSN 639 123 112) (the Fund). Fidante is a member of the Challenger Limited group of companies (Challenger Group) and is the issuer and responsible entity of the Fund.

Fund Performance & Distributions

Performance Table
Cumulative Performance
Distribution History

Fund Performance (Net) as at 31 Oct 2022

1M 3M 1YR 3YR (p.a) 5YR (p.a) 10YR (p.a) SI (p.a)
Fund 0.47% -1.57% -4.94% - - - 3.10%

Data powered by FE fundinfo. Past performance is not a reliable indicator of future performance. The inception date of the Fund is 1 May 2020.

FE fundinfo calculates performance using the Australian FSC Standard by constructing a total value index series that reflects the percentage change in investments assuming the reinvestment of all distributions. A total value index series is constructed using the Ex-Distribution exit price, which is calculated at the end of a distribution period by deducting the distribution amount by the Cum distribution exit price.

Past performance figures that are less than 12 months are for informational purposes only and are not to be relied upon when considering the likely future performance of the Fund.

 

Data powered by FE fundinfo

Performance is calculated on a bid-to-bid basis with income reinvested. It is important to know that unit prices reflect the value of the underlying assets of the funds and so can go down as well as up.

Past performance is not indicative of future performance. Where a fund invests in overseas securities, the unit prices may also rise and fall purely on account of exchange rate fluctuations.

Data powered by FE fundinfo

© FE fundinfo 2022. All rights reserved. The compilation of data contained in this report is the copyright of FE fundinfo. It may be copied only incidentally to print single copies for use by those authorised to view it. Whilst reasonable care has been taken in the compilation of the data, it is not warranted to be accurate or complete, and has been drawn by FE fundinfo from sources which are also not warranted to be accurate or complete.

Performance figures are calculated on an exit – exit basis and shown in Australian Dollars.

Resources

You should read the Fund's TMD and PDS to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs before making a decision about whether to acquire or continue to hold the Fund.

Fund ratings

Organisation Rating
Lonsec Recommended
Morningstar -
Zenith Recommended
1 References to “downside protection”, ‘diversification’ or similar language are not guarantees against loss of investment capital or value.
Holdings and allocations, unless otherwise indicated, are based on the total portfolio and subject to change without notice. Data shown is for informational purposes only and not a recommendation to buy or sell any security.
The rating issued 08/2022 is 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. © 2022 Lonsec. All rights reserved.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned Ares Global Credit Income Fund March 2022) referred to in this piece is 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.