Ares Global Credit Income Fund (AGCIF)

The Ares Global Credit Income Fund is an alternative solution to traditional fixed income designed to deliver attractive, steady income and diversification with a focus on capital preservation^.

Ares employs an opportunistic, flexible and untethered global credit investment strategy which seeks to take advantage of relative value opportunities within global credit markets and provide investors with a diversified portfolio of credit assets.

Attractive Income

A focus on downside protection^

Nimble and tactical portfolio management

Diversification across a broad opportunity set

You should read the Fund’s Target Market Determination (TMD) and the Fund’s Product Disclosure Statement (PDS) to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs. These documents are available on the Invest Online page on this website.

Fund Flyer

Performance Reports

Product Disclosure Statement (PDS)

Target Market Determination (TMD)

Performance

As of 29 February 2024

Performance	1 Month %	3 Month %	6 Month %	1 Year %	3 Year %	Inception % p.a.
Fund return (gross)¹	0.2	2.5	4.1	9.0	4.1	6.2
Fund return (net)²	0.2	2.3	3.8	8.1	3.3	5.4
Bloomberg AusBond Bank Bill Index	0.3	1.1	2.1	4.1	2.0	1.5
Active Return	-0.2	1.2	1.6	4.0	1.3	3.9

Fund Inception Date: 1 May 2020. Data Source: Fidante Partners Limited

¹ Returns are calculated before fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
² Returns are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
Past performance is not a reliable indicator of future performance. Past performance figures that are less than 12 months are for informational purposes only and are not to be relied upon when considering the likely future performance of the Fund.

Unit Prices and Distributions

To view historical unit prices and distributions click here

Key Fund Characteristics

Investment Objective	The Fund aims to provide stable monthly income with a focus on downside protection across various market cycles by investing in a diversified portfolio of credit assets.
Target Return¹	Bloomberg AusBond Bank Bill Index + 3-4%
Target Distribution¹	Bank Bill Swap Rate + 2.5-3.5% per annum (paid monthly)
Investment Timeframe	At least 3 to 5 years
Performance Objective	Bloomberg AusBond Bank Bill Index + 3-4%
Duration Band	1.0 to 2.5 years
Management Fee	0.75% p.a. of the net asset value of the Fund

1 Neither the responsible entity nor the investment manager guarantees your capital or any particular rate of return.
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 Global Credit Income Fund.

Portfolio Managers

Charles Arduini

Partner,
Alternative Credit

Seth Brufsky

Partner,
Co-Head of Global Liquid Credit

Samantha Milner

Partner,
Global Liquid Credit

Boris Okuliar

Partner,
Co-Head of Global Liquid Credit

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^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.

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