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.
MXT has a target return of the RBA Cash Rate + 3.25% (4.75%*) paid via a monthly distribution. Due to strong investor demand the MCP Master Income Trust is now seeking to raise an additional amount of approximately $300 million via an entitlement offer to existing investors and by offering additional units to new investors.
Andrew Lockhart, Managing Partner of Metrics Credit Partners, says “the appeal for people is that we’re offering a stable, predictable exposure to an asset class that has a low risk of capital loss and an attractive return.”
The Offer is now open, click here for more information.