Aura Private Credit Income Fund has been reassigned a ‘very strong’ investment rating
We are pleased to announce that Foresight Analytics & Ratings, has reassigned the Aura Private Credit Income Fund a ‘VERY STRONG’ Investment Rating.
In a market where many investors are seeking capital stability, monthly income and investments that are uncorrelated to traditional markets, private credit can provide a compelling opportunity.
The Aura Private Credit Income Fund, managed by our investment partner Aura Credit Holdings was launched in August 2017. The Fund provides funding to niche (non-bank) lenders that specialise in providing finance to small-to-medium businesses (SMEs) in Australia by way of 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 in August 2017, the Aura Private Credit Income Fund has returned 9.59 per cent per annum to investors, paying an average monthly distribution of 0.77 per cent, with no loss to investor capital.*
* Performance of the Aura Private Credit Income Fund since its inception on 1 August 2017. 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.
With a consistent track record and rigorous governance process, the Aura Private Credit Income Fund continues to provide investors with attractive regular income and capital stability.
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:
- The Fund currently provides funding to seven SME lending originators via separate warehouse financing structures.
- The Fund provides access to a diversified portfolio of over 13,000 loans.
- 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.
- 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 Private Credit Income Fund.
Disclaimer
Units in the Aura Private Credit Income Fund (Fund) are issued by Aura Funds Management Pty Ltd (ABN 96 607 158 814, Authorised Representative No. 1233893 of Aura Capital Pty Ltd (ABN 48 143 700 887, AFSL No. 366 230)) (Aura). Aura is the trustee of the Fund and a subsidiary of Aura Group Pty Ltd. This information is for wholesale or sophisticated investors only and is provided by Montgomery Investment Management Pty Ltd (ABN 73 139 161 701, AFSL No. 354 564) as the authorised distributor of the 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. An investment in the Fund must be through a valid online application form accompanying the Information Memorandum. The information provided is general in nature and does not take into account your investment objectives, financial situation or particular needs. Before making an investment decision you should read the Information Memorandum and (if appropriate) seek professional advice from a licensed financial advisor to determine whether the investment is suitable for you. The investment returns or repayment of capital of the Fund are not guaranteed. The value of an investment may rise or fall and you may risk losing some or all of your capital. Past performance is not a reliable indicator of future performance.
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.
