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  5. Ares Global Credit Income A - Managed fund profile

Ares Global Credit Income A - Managed Fund

Fund Objective
The Fund aims to provide stable monthly income with a focus on downside protection across various market cycles by investing in a diversified portfolio of credit assets.
Fund Strategy
The Fund seeks attractive risk-adjusted returns over full market cycles by creating and managing a portfolio with balanced exposures to multiple industry sectors and geographic regions. Ares looks to make tactical allocations across multiple segments of global credit markets and leverages the breadth of knowledge across all capabilities within the Ares investment platform.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.98% 2.1% 4.03% 8.77% 8.63% 4.56% -% -%
Growth return 0.41% 0.41% 0.64% 1.83% 2.07% -0.94% -% -%
Income return 0.57% 1.69% 3.39% 6.94% 6.56% 5.5% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.36% 1.1% 2.22% 4.46% 4.11% 3.07% 1.92% 1.93%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ares Global Credit Income A
Cash
2.05%
Fixed Interest
97.95%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
25.30%
Fixed Interest
74.29%
Australian Equities
0.34%
International Equities
0.04%
Alternatives
0.03%

General Information

Fund Details
Type Description
Ares Global Credit Income A
HOW4476AU
Non Investment Grade Debt
starstarstar (as at 30 Nov 2024)
Investment Fund
1 May 2020
$195.42 million (as at 30 Nov 2024)
$0.985 (as at 20 Dec 2024)
$0.9792 (as at 20 Dec 2024)
Open
Offer information
Type Description
MER 0.75% (as at 21 Nov 2024)
Indirect Cost Ratio (ICR) 0.75% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Aug 2024)

Holding (as at 31 Aug 2024) Type % of Portfolio
OHA Loan Funding 2013-1 Ltd. 8.63923% Bond - Asset Backed 1.14%
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FAQs about the Ares Global Credit Income A

The objective of the Ares Global Credit Income A managed fund is The Fund aims to provide stable monthly income with a focus on downside protection across various market cycles by investing in a diversified portfolio of credit assets.

The strategy of the Ares Global Credit Income A managed fund is The Fund seeks attractive risk-adjusted returns over full market cycles by creating and managing a portfolio with balanced exposures to multiple industry sectors and geographic regions. Ares looks to make tactical allocations across multiple segments of global credit markets and leverages the breadth of knowledge across all capabilities within the Ares investment platform.

The APIR code of the Ares Global Credit Income A managed fund is HOW4476AU.

Ares Global Credit Income A’s total return last month was 0.98%. This was made up of a growth return of 0.41% and an income return of 0.57%. These returns were calculated as at 30 Nov 2024.

Ares Global Credit Income A’s total return for the last three months was 2.1%. This was made up of a growth return of 0.41% and an income return of 1.69%%. These returns were calculated as at 30 Nov 2024.

Ares Global Credit Income A’s one-year total return is 8.77%. This was made up of a growth return of 1.83% and an income return of 6.94%. These returns were calculated as at 30 Nov 2024.

Ares Global Credit Income A’s one-year total return is 4.56%. This was made up of a growth return of -0.94% and an income return of 5.5%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Ares Global Credit Income A managed fund is :

Cash
2.05%
Fixed Interest
97.95%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Ares Global Credit Income A managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 30 Nov 2024, the size of the Ares Global Credit Income A managed fund was $195.42 million.

The Ares Global Credit Income A managed fund has an inception date of 1 May 2020.

The current entry price of the Ares Global Credit Income A managed fund is $0.985 per unit and the current exit price is $0.9792 per unit (as at 20 Dec 2024).

The current exit price of the Ares Global Credit Income A managed fund is $0.9792 per unit and the current entry price is $0.985 per unit (as at 20 Dec 2024).

The minimum initial investment amount for the Ares Global Credit Income A managed fund is $10,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.