MCP Master Income Trust (MXT) Entitlement and Shortfall Offer

The MCP Master Income Trust (ASX:MXT) has generated a return of 5.5% p.a. net of all fees and costs since listing in October 2017 and 5.8% over the 12 months to March 31, 2019 (past performance is not a reliable indicator of future performance). 

MXT aims to give you access to a diversified corporate loan portfolio invested across different borrowers, industries and the credit spectrum. MXT targets a minimum return of the RBA cash rate plus 3.25% p.a. (currently 4.75%, the target return is only a target and may not be achieved).

The MXT Entitlement and Shortfall Offer aims to deliver:

• Additional scale to expand participation in Australia’s corporate lending market
• Develop greater portfolio diversification
• Additional market liquidity through expanded investor base
• Reduced overall cost to unit holders

Key Dates

The above timetable is indicative only and subject to change without notice, including closing the offer early, extending the closing date for the offer or accepting late applications, or withdrawing the offer for any reason. All times and dates refer to Sydney time. Any changes to the offer timetable will be made via the website: www.metrics.com.au/mxt/ and ASX announcement.

Metrics' ASX-listed funds provide investors unique access to attractive total returns and income that are uncorrelated to listed equities and public market debt securities. Find out more

Disclaimer

This document is issued by The Trust Company (RE Services) Limited ACN 003 278 831 AFSL 235150 (Perpetual) as responsible entity of MCP Master Income Trust ARSN 620 465 090 (Trust) and is prepared by Metrics Credit Partners Pty Ltd ACN 150 646 996 AFSL 416146 (Metrics) as the investment manager of the Trust.

The information provided in this document is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Units in the Trust are issued by Perpetual as responsible entity for the Trust. Before making an investment decision about the Trust, you should read and consider the product disclosure statement (PDS) of the Trust dated 16 April 2019, which is available from metrics.com.au/mxt/, carefully and in its entirety, consider the appropriateness of the information and if an investment in the Trust is appropriate having regard to your objectives, financial situation and needs, and obtain advice from an appropriate financial adviser.

This document does not constitute an offer of units in the Trust in any jurisdiction where it would be unlawful. In particular, the distribution of this document may be restricted by law in any country outside Australia and New Zealand. Any failure to comply with such restrictions may constitute a violation of applicable securities laws.

Neither Perpetual nor Metrics guarantees repayment of capital or any particular rate of return from the Trust. Neither Perpetual nor Metrics give any representation or warranty as to the reliability, completeness or accuracy of the information contained in this document. All opinions and estimates included in this document constitute judgments of Metrics as at the date of this document and are subject to change without notice. Past performance is not a reliable indicator of future performance.