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  5. Metrics Direct Income Fund - Managed fund profile

Metrics Direct Income Fund - Managed Fund

Fund Objective
The Trust's Investment Objective is to provide monthly cash income, low risk of capital loss and portfolio diversification by actively managing diversified loan portfolios and participating in Australia's bank-dominated corporate loan market. The Manager seeks to implement active strategies designed to balance delivery of the Target Return, while seeking to preserve investor capital.
Fund Strategy
The Trust's Investment Strategy is to create a diversified exposure to Australian corporate loans generally reflecting activity in the corporate loan market and diversified by borrower, industry and credit quality. Through active portfolio risk management, the Manager will seek to preserve investor capital.

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 0.66% 2.05% 4.18% 8.38% 8.91% 8.9% 7.35% -%
Growth return 0% 0.02% 0.01% -0.05% 0% 0% 0.12% -%
Income return 0.66% 2.03% 4.17% 8.43% 8.91% 8.9% 7.23% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.31% 0.91% 1.93% 4.09% 4.19% 3.88% -% -%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Metrics Direct Income Fund
Cash
0.06%
Fixed Interest
99.94%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
39.01%
Fixed Interest
5.77%
International Equities
6.14%
Alternatives
49.09%

General Information

Fund Details
Type Description
Metrics Direct Income Fund
EVO2608AU
Alternative - Private Debt
Not Rated
Unknown
1 Jul 2020
$2937.3 million (as at 17 Sep 2025)
$1.0361 (as at 17 Sep 2025)
$1.0361 (as at 17 Sep 2025)
Open
Offer information
Type Description
MER 0.70% (as at 30 Dec 2023)
Indirect Cost Ratio (ICR) 0.69% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.12
Minimum initial investment

FAQs about the Metrics Direct Income Fund

The objective of the Metrics Direct Income Fund managed fund is The Trust's Investment Objective is to provide monthly cash income, low risk of capital loss and portfolio diversification by actively managing diversified loan portfolios and participating in Australia's bank-dominated corporate loan market. The Manager seeks to implement active strategies designed to balance delivery of the Target Return, while seeking to preserve investor capital.

The strategy of the Metrics Direct Income Fund managed fund is The Trust's Investment Strategy is to create a diversified exposure to Australian corporate loans generally reflecting activity in the corporate loan market and diversified by borrower, industry and credit quality. Through active portfolio risk management, the Manager will seek to preserve investor capital.

The APIR code of the Metrics Direct Income Fund managed fund is EVO2608AU.

Metrics Direct Income Fund’s total return last month was 0.66%. This was made up of a growth return of 0% and an income return of 0.66%. These returns were calculated as at 31 Aug 2025.

Metrics Direct Income Fund’s total return for the last three months was 2.05%. This was made up of a growth return of 0.02% and an income return of 2.03%%. These returns were calculated as at 31 Aug 2025.

Metrics Direct Income Fund’s one-year total return is 8.38%. This was made up of a growth return of -0.05% and an income return of 8.43%. These returns were calculated as at 31 Aug 2025.

Metrics Direct Income Fund’s one-year total return is 8.9%. This was made up of a growth return of 0% and an income return of 8.9%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Metrics Direct Income Fund managed fund is :

Cash
0.06%
Fixed Interest
99.94%
International Equities
0%
Alternatives
0%

The Metrics Direct Income Fund managed fund belongs to the Alternative - Private Debt sector/asset class.

As at 17 Sep 2025, the size of the Metrics Direct Income Fund managed fund was $2937.3 million.

The Metrics Direct Income Fund managed fund has an inception date of 1 Jul 2020.

The current entry price of the Metrics Direct Income Fund managed fund is $1.0361 per unit and the current exit price is $1.0361 per unit (as at 17 Sep 2025).

The current exit price of the Metrics Direct Income Fund managed fund is $1.0361 per unit and the current entry price is $1.0361 per unit (as at 17 Sep 2025).

The minimum initial investment amount for the Metrics Direct Income Fund managed fund 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.