MCP Master Income Trust Initial Public Offer
The MCP Master Income Trust Initial Public Offer will provide investors with direct exposure to the Australian corporate loan market, a market which is dominated by regulated banks and is largely inaccessible to non-bank investors.
Through investments in and alongside wholesale funds managed by Metrics Credit Partners (MCP), investors will gain access to monthly cash income, reduced capital volatility and portfolio diversification.
The Trust’s target return is the RBA Cash Rate plus 3.25% p.a. net of fees through the cycle with distributions intended to be paid monthly. The RBA cash rate is currently 1.50% so the target return is 4.75% p.a. net of fees.