MXT: An alternative way to access regular monthly income
The MCP Master Income Trust (ASX:MXT) listed in 2017 with the objective of providing income to investors via regular monthly distributions. Since listing, MXT has paid income of 5.5% p.a. exceeding its minimum target return of 4.75%* per annum. Metrics Credit Partners is now seeking to raise up to $400 million as the manager eyes off a strong future deal pipeline.
Andrew Lockhart of Metrics Credit Partners believes the raising will enhance the MXT product, by providing greater levels of liquidity on the ASX, a lower cost base for investors, as well as the continued benefit of a high level of diversification.
Visit the Metrics website for information about the entitlement offer and shortfall offer or watch the video below to learn more about the MCP Master Income Trust (ASX:MXT).
Learn more about Metrics
Metrics is alternative asset manager specialising in fixed income, private credit, equity and capital markets.
To find out more about what Metrics does please click here
*The target return for the MCP Master Income Trust is the RBA Cash Rate + 3.25% per annum, net of fees.
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