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  5. KKR Global Private Credit (KIT) (AUD) B - Managed fund profile

KKR Global Private Credit (KIT) (AUD) B - Managed Fund

Fund Objective
The Fund is an open-ended fund that seeks to provide investors with access; through the Underlying Fund; to KKR's Private Credit Platform and AUD hedged exposure to a diversified portfolio of private credit securities with a wide variety of collateral types. The Fund seeks to generate a return consistent with that of the Underlying Fund and shares the Underlying Fund's investment objective.
Fund Strategy
The Fund; via its investment in the Underlying Fund; aims to generate current income and; to a lesser extent; long-term capital appreciation primarily by pursuing direct lending and asset-based finance strategies.

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 1.03% 2.98% 5.37% -% -% -% -% -%
Growth return 0.21% -0.34% 0.3% -% -% -% -% -%
Income return 0.82% 3.32% 5.07% -% -% -% -% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.32% 1.05% 2.12% 4.33% 4.17% 3.31% -% -%
As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
40.25%
Australian Equities
0.05%
International Equities
13.50%
Cash
37.88%
Fixed Interest
8.32%

General Information

Fund Details
Type Description
KKR Global Private Credit (KIT) (AUD) B
Channel Investment Management Limited
CHN0240AU
Alternative - Private Debt
Not Rated
Unknown
6 Jun 2024
n/a
$1.0113 (as at 31 Jan 2025)
$1.0113 (as at 31 Jan 2025)
Open
Offer information
Type Description
MER 1.37% (as at 30 Jun 2024)
Indirect Cost Ratio (ICR) - Estimated 1.06% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR) Not Available
Minimum initial investment $500,000,000
Minimum additional investments

FAQs about the KKR Global Private Credit (KIT) (AUD) B

The objective of the KKR Global Private Credit (KIT) (AUD) B managed fund is The Fund is an open-ended fund that seeks to provide investors with access; through the Underlying Fund; to KKR's Private Credit Platform and AUD hedged exposure to a diversified portfolio of private credit securities with a wide variety of collateral types. The Fund seeks to generate a return consistent with that of the Underlying Fund and shares the Underlying Fund's investment objective.

The strategy of the KKR Global Private Credit (KIT) (AUD) B managed fund is The Fund; via its investment in the Underlying Fund; aims to generate current income and; to a lesser extent; long-term capital appreciation primarily by pursuing direct lending and asset-based finance strategies.

The APIR code of the KKR Global Private Credit (KIT) (AUD) B managed fund is CHN0240AU.

KKR Global Private Credit (KIT) (AUD) B’s total return last month was 1.03%. This was made up of a growth return of 0.21% and an income return of 0.82%. These returns were calculated as at 31 Jan 2025.

KKR Global Private Credit (KIT) (AUD) B’s total return for the last three months was 2.98%. This was made up of a growth return of -0.34% and an income return of 3.32%%. These returns were calculated as at 31 Jan 2025.

KKR Global Private Credit (KIT) (AUD) B’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2025.

KKR Global Private Credit (KIT) (AUD) B’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2025.

The asset allocation of the KKR Global Private Credit (KIT) (AUD) B managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%

The Responsible Entity for the KKR Global Private Credit (KIT) (AUD) B managed fund is Channel Investment Management Limited.

The KKR Global Private Credit (KIT) (AUD) B managed fund belongs to the Alternative - Private Debt sector/asset class.

As at , the size of the KKR Global Private Credit (KIT) (AUD) B managed fund was $ million.

The KKR Global Private Credit (KIT) (AUD) B managed fund has an inception date of 6 Jun 2024.

The current entry price of the KKR Global Private Credit (KIT) (AUD) B managed fund is $1.0113 per unit and the current exit price is $1.0113 per unit (as at 31 Jan 2025).

The current exit price of the KKR Global Private Credit (KIT) (AUD) B managed fund is $1.0113 per unit and the current entry price is $1.0113 per unit (as at 31 Jan 2025).

The minimum initial investment amount for the KKR Global Private Credit (KIT) (AUD) B managed fund is $500,000,000. Minimum additional investment is $0.

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.