PERFORMANCE
- CHART
- TABLE
Fund Facts
Investment Objective
To generate strong risk adjusted returns via exposure to a diversified portfolio of global private credit investments, liquid credit investments and cash.
Target Return
RBA Official Cash Rate + 7 – 9% p.a. in Australian Dollars, generated over a rolling 5 year investment horizon.
Target Annual Distribution
Minimum of 50% of the annual Fund return in cash
Application Frequency
Monthly
Term
3-year lock-up based on investment date
Redemption Frequency
Quarterly redemptions at each Quarter end after a 3-year lock-up Term, subject to conditions as set out in Section 5.2.3 of the IM
Redemption Notice
Three months before the end of a Quarter
Minimum Initial Investment
$500,000
Minimum Additional Contribution
$100,000
Pricing Frequency
Quarterly
Management Fee*
1% p.a.
Performance Fee*
20% of returns above the Hurdle
Hurdle
RBA Official Cash Rate + 6% p.a. with a floor of 7.5% p.a.
Distribution Reinvestment
Yes
ENTRY/ EXIT FEES:
Nil
*Fees are stated inclusive of GST and net of RITC. For more information, refer to the Fund’s Information Memorandum available under the Reports & Resources section.
REPORTS AND RESOURCES
NEWS AND INSIGHTS
A 5 minute Outlook on Global Private Credit
Summary:CEO of Pengana Credit, Nehemiah Richardson discusses the outlook for global private credit over the next six months, focusing on...
Private Credit – 4 minute Investor Update
Summary:CEO of Pengana Credit, Nehemiah Richardson provides an update on the performance of Pengana Credit's Wholesale Private Credit Fund, launched...
Global Private Credit Sector – 3 minute Recap
Summary:Â Nehemiah Richardson is the CEO of Pengana Credit, primarily investing in mid-market corporates and lenders in the US and Europe....