Metrics Direct Income Fund

Metrics Credit Partners (Metrics) has launched a new unlisted private debt fund - called the Metrics Direct Income Fund - which invests in directly originated private loans to Australian companies.

The fund is targeting returns of 3.25 per cent a year above the Reserve Bank of Australia cash rate ( currently 0.25 per cent) with income to be paid to investors monthly.

The fund invests in a portfolio of loans to more than 150 Australian companies.

“In a low-rate and low-yield environment, the Metrics Direct Income Fund provides a potential investment option for investors - such as retirees and self-managed super funds - to replace their declining dividend and interest returns with an alternative source of income,” Andrew Lockhart, managing partner at Metrics, said.

Metrics Credit Partners Metrics Direct Income Fund Launched on 06 July 2020 Designed for retail investors. Find out more This report is informational only in nature. Industry Moves neither recommends nor endorses this product/service.