Fund Characteristics
Investment Objective | The Fund aims to provide superior risk adjusted returns across various market cycles by investing in a diversified portfolio of liquid and illiquid asset classes throughout the global credit spectrum. |
Target Return1 | High single-digit returns (net of fees) |
Distribution | Paid monthly |
Transact at NAV | Daily applications and quarterly redemptions at NAV~2 ~(+/- buy sell spread if applicable) |
Fair Valuation | Valuation of underlying investments adjusted for prevailing market yields and independently reviewed by a third-party |
Hedged back to AUD | Returns will be hedged back to AUD |
Tax Efficient | Qualifying interest income is not subject to US withholding tax |
1 Neither the responsible entity nor the investment manager guarantees your capital or any particular rate of return.
2 Withdrawals from the Fund are subject to the availability of quarterly withdrawals from the Underlying Fund. Please refer to the Information Memorandum for the Funds withdrawal terms. A buy/sell spread may apply to applications or withdrawals. Please view the latest buy/sell spread update for the Fund.
Awards and ratings disclaimers
Platform Availability
Please see current platform availability for Ares Diversified Credit Fund.
Portfolio Managers
*Underlying Fund: CION Ares Diversified Credit Fund
^References to “downside protection” or similar language are not guarantees against loss of investment capital or value. Diversification does not assure profit or protect against market loss.