Qualitas: A new opportunity in fixed income
Independent Investment Research has issued a report on Qualitas Real Estate Income Fund a newly established investment trust seeking to raise funds and list on the ASX. Show More
ASX:MXT
Franking credits: storm in a teacup?
While I'm yet to observe a popular way for governments to tax the masses, Labor's proposals on franking credits has focussed the attention of one very local and agitated demographic in particular: wealthy retirees with the time and inclination to rile the boffins that have suggested such an impost. Show More
Listed investment trusts providing new opportunities in fixed income
Until recently there have been few opportunities for investors to gain fixed interest exposure by investing in listed investment companies and trusts. The listing of MCP Master Income Trust in October 2017 breathed some new life into the sector and the number of fixed income opportunities continue to grow. In... Show More
Avoiding the great 'Labor franking credit grab'
There are now over 100 LIC’s (plus some Listed Investment Trusts, or LITs) on the ASX. The main difference between a LIC and a LIT is tax: LITs help to avoid the great "Labor Franking Credit Grab". In this wire, we examine this theme, as well as four other important... Show More
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10 high yield LICs
In its latest LMI Monthly Update, Independent Investment Research takes a look at the recent listed investment company reporting season which saw a majority of LICs report higher earnings and many pay higher dividends to their shareholders. We also highlight the top 10 yielding LICs under our coverage and discuss... Show More
Why we’re cautious on these two sectors
Reputable lenders use a rigorous due diligence process to give them the best chance at consistently identifying any downside risk. Andrew Lockhart, Managing Partner at Metrics Credits Partners breaks it down into these key items; Show More
One way to hedge against inflation
Preserving capital whilst maintaining real income in an inflationary environment is an important challenge for investors to consider. Andrew Lockhart, Managing Partner at Metrics Credit Partners, explains that unlike many fixed income assets where capital value falls as rates rise, the income received from corporate loans moves in line with... Show More
A new way to access income with low volatility
The MCP Master Income Trust (ASX: MXT) is the first ASX listed fund giving investors access to a professionally managed portfolio of corporate loans. Since listing in 2017 the MCP Master Income Trust has delivered on its objective to deliver capital stability and income. Show More
MCP Master Income Trust Capital Raising
The MCP Master Income Trust (ASX: MXT) is the first ASX listed fund giving investors access to a professionally managed portfolio of corporate loans. Since listing in 2017 the MCP Master Income Trust has delivered on its objective to deliver capital stability and income. Show More
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The 3 factors behind the LIC boom
2017 was a big year for both Listed Investment Companies (LIC) and Listed Investment Trusts (LIT) with a record number of new and innovative entrants into the sector. LIC/LIT dominated capital raisings, collectively bringing $3.7bn via Initial Public Offerings (IPO). And this was further supported by a number of secondary... Show More
Executive Series: MCP Master Income Trust (MXT) Managing Partner, Andrew Lockhart
CommSec's Tom Piotrowski speaks with MCP Master Income Trust (MXT) Managing Partner, Andrew Lockhart about: The performance of the MCP Master Income Trust (MXT) since listing on the ASX 3 months ago; Prevailing conditions in the syndicated loan market and the makeup of MXT’s loan portfolio; MXT’s exposure to floating... Show More
Three key LIC take-outs from 2017
The Listed Investment Company (LIC) sector has been one of the great success stories in recent years, growing at 15% last year to 105 LIC now listed on the Australian Securities Exchange (ASX), accounting for $37.1 billion dollars in market capitalisation. Bell Potter Listed Investment Company specialist Nathan Umapathy shares... Show More
A big year for LICs
2017 was an exceptional year for new listed investment company and listed investment trust raisings, with 14 new entities raising a total of $4.2bn via initial public offers. This significantly exceeded the funds raised by new LIC/LIT offers in the previous two years and lifted the total number of LICs... Show More
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Webinar: MCP Master Income Trust IPO
Metrics Credit Partners has announced confirmed demand of over $400 million for the initial public offering (IPO) of the MCP Master Income Trust (ASX: MXT), making it one of the largest listed managed investment raising in Australia to date. This webinar provides an overview of the offer and investment process. Show More
Metrics Credit Partners IPO passes $300 million
It is very difficult for investors to access the low-risk, high yield generated by corporate loans, as this is a business dominated by the big banks. Metrics Credit Partners is an experienced debt-specialist fund manager that gives investors the opportunity to access stable monthly income via the MCP Master Income... Show More
A new way to access income with low volatility
Metrics Credit Partners (MCP) is an experienced debt-specialist fund manager that gives investors the opportunity to access stable monthly income via the MCP Master Income Trust. The Trust targets the RBA cash rate + 3.25%, from direct investments in the Australian corporate loan market. Show More
How to access high-yield, low-risk income
Until now Australian investors have had limited ways to receive attractive, regular income, whilst also achieving true portfolio diversification. Metrics Credit Partners have just opened the IPO of the MCP Master Income Trust (ASX:MXT). Show More