Aura Core Income Fund has been reassigned a ‘very strong’ investment rating
We are pleased to announce that Foresight Analytics & Ratings, has reassigned the Aura Core Income Fund a ‘VERY STRONG’ Investment Rating.
Sophisticated investors demand investments that can deliver consistent monthly income and capital stability. The Aura Core Income Fund (the Fund), expertly managed by our partner, Aura Credit Holdings, now offers retail investors unparalleled access to private credit opportunities.
The Fund strategically deploys capital to niche non-bank lenders specialising in finance to small-to-medium Australian corporates through sophisticated warehouse financing structures. Warehouse financing, managed by a competent investment manager like Aura, offers investors a range of protections and benefits over other forms of private credit.
Performance highlights
Since its inception on 4 October 2022 to 30 April 2025, the Aura Core Income Fund has returned 7.41 per cent per annum to investors, paying an average monthly distribution of 0.59 per cent.*
* Performance of the Aura Core Income Fund since its inception on 4 October 2022. Net returns after fees and expenses as at 30 April 2025 and assumes reinvestment of distributions. Past performance is not a reliable indicator of future performance.
Industry recognition
Foresight’s ‘Very Strong’ Investment Rating reflects a very strong level of confidence that the Fund can deliver a risk-adjusted return in line with its investment objectives at this stage of the growth of online lending in Australia. The investment manager’s support for this strategy is experienced and well-resourced.
Key advantages as outlined by Foresight Analytics & Ratings:
- There are at least two layers of protection at the loan level, with all loans secured by collateral from the end borrower and the lender’s first loss capital.
- Non-bank lenders provide equity as protection and assume the first loss in the case of a default, offering an additional layer of security for investors.
- The Manager’s ability to mitigate lending segment risks by strict portfolio parameters and credit enhancement levels.
- The Manager’s ability to select best-of-breed niche non-bank lenders in a rapidly growing segment.
- The revolving structure of warehouse financing enables the Manager to make strategic adjustments to segment and economic exposures.
For more information and insights, read the latest research report by Foresight Analytics & Ratings and learn more about the Aura Core Income Fund.
Disclaimer
You should read the relevant Product Disclosure Statement and consider the TMD before deciding to acquire any investment products.
Past performance is not an indicator of future performance. Returns are not guaranteed and so the value of an investment may fall.
This information is provided by Montgomery Investment Management Pty Ltd (ACN 139 161 701 | AFSL 354564) (Montgomery) as authorised distributor of the Aura Core Income Fund (ARSN 658 462 652) (Fund). As authorised distributor, Montgomery is entitled to earn distribution fees paid by the investment manager and, subject to certain conditions being met, may be issued equity in the investment manager or entities associated with the investment manager.
The Aura Core Income Fund (ARSN 658 462 652)(Fund) is issued by One Managed Investment Funds Limited (ACN 117 400 987 | AFSL 297042) (OMIFL) as responsible entity for the Fund. Aura Credit Holdings Pty Ltd (ACN 656 261 200) (ACH) is the investment manager of the Fund and operates as a Corporate Authorised Representative (CAR 1297296) of Aura Capital Pty Ltd (ACN 143 700 887 | AFSL 366230).
You should obtain and carefully consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the Aura Core Income Fund before making any decision about whether to acquire or continue to hold an interest in the Fund. Applications for units in the Fund can only be made through the online application form. The PDS, TMD, continuous disclosure notices and relevant application form may be obtained from www.oneinvestment.com.au/auracoreincomefund or from Montgomery.
Any financial product advice given is of a general nature only. The information has been provided without taking into account the investment objectives, financial situation or needs of any particular investor. Therefore, before acting on the information contained in this report you should seek professional advice and consider whether the information is appropriate in light of your objectives, financial situation and needs.
Montgomery, ACH and OMIFL do not guarantee the performance of the Fund, the repayment of any capital or any rate of return. Investing in any financial product is subject to investment risk including possible loss. Past performance is not a reliable indicator of future performance. Information in this report may be based on information provided by third parties that may not have been verified.
Foresight disclaimer
The material contained in this document has been prepared solely by Foresight Analytics and Ratings Pty Ltd under Australian Financial Services Licence No. 494552. The material contained in this document is for general information purposes only, and individual financial positions, objectives and circumstances have not been taken into consideration. The information contained in this material should not be acted upon without obtaining advice from a licensed investment professional. It is neither an offer to sell nor a solicitation of any offer to purchase and /or sale of any securities in an investment product or managed investment scheme, derivative, index, or financial instrument, nor is it an advice or a recommendation to enter into any transaction. No allowance has been made for transaction costs or management fees, which would reduce investment performance. Any investment in a financial product or fund involves a degree of risk. Actual results may differ from the reported performance. It is important to note that past performance is not an indication of future performance.
Foresight Analytics and Ratings research material maybe based upon information provided by the investment manager which is known to us or which was obtained from sources that we believed to be reliable and accurate at the time of publication, but Foresight Analytics and Ratings makes this information available on an “as is” basis without a duty to update, make warranties, express or implied, regarding the accuracy of the information contained herein. Errors may exist in data acquired from third party vendors, & in coding related to statistical analyses. Foresight Analytics and Ratings Pty Ltd disclaims any & all expressed or implied warranties, including, but not limited to, any warranties of merchantability, suitability for a particular purpose or use. All opinions and views expressed constitute judgment as of the date of the communication and may change at any time without notice and without obligation. Such information may be based on certain assumptions and involve elements of subjective judgment and analysis.
To the extent permitted by law, Foresight Analytics and Ratings Pty Ltd and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the document whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Foresight Analytics and Ratings Pty Ltd hereby limits its liability, to the extent permitted by law, to the resupply of the said information.
Scott Phillips joined Montgomery Investment Management in 2013.
Scott joined the firm from BlackRock Investment Management, where he was Managing Director, Head of Retail Australia for 12 years.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
