InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  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

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.45% 1.66% 4.03% 9.33% 9.13% 4.22% -% -%
Growth return -0.1% 0% 0.66% 2.38% 2.66% -1.18% -% -%
Income return 0.55% 1.66% 3.37% 6.95% 6.47% 5.4% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Ares Global Credit Income A
Cash
7.61%
Fixed Interest
92.39%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.17%
Fixed Interest
73.37%
Australian Equities
0.39%
International Equities
0.05%
Alternatives
0.03%

General Information

Fund Details
Type Description
Ares Global Credit Income A
HOW4476AU
Non Investment Grade Debt
starstarstar (as at 31 Oct 2024)
Investment Fund
1 May 2020
$188.37 million (as at 31 Oct 2024)
$0.9831 (as at 19 Nov 2024)
$0.9773 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 0.75% (as at 23 Nov 2023)
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%
Login now to view the complete list of holdings.

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 0.45%. This was made up of a growth return of -0.1% and an income return of 0.55%. These returns were calculated as at 31 Oct 2024.

Ares Global Credit Income A’s total return for the last three months was 1.66%. This was made up of a growth return of 0% and an income return of 1.66%%. These returns were calculated as at 31 Oct 2024.

Ares Global Credit Income A’s one-year total return is 9.33%. This was made up of a growth return of 2.38% and an income return of 6.95%. These returns were calculated as at 31 Oct 2024.

Ares Global Credit Income A’s one-year total return is 4.22%. This was made up of a growth return of -1.18% and an income return of 5.4%. These returns were calculated as at 31 Oct 2024.

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

Cash
7.61%
Fixed Interest
92.39%
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 31 Oct 2024, the size of the Ares Global Credit Income A managed fund was $188.37 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 $0.9831 per unit and the current exit price is $0.9773 per unit (as at 19 Nov 2024).

The current exit price of the Ares Global Credit Income A managed fund is $0.9773 per unit and the current entry price is $0.9831 per unit (as at 19 Nov 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.