MXT - Metrics Master Income Trust

[System]

The MCP Master Income Trust Initial Public Offer will provide investors with direct exposure to the Australian corporate loan market, a market which is dominated by regulated banks and is largely inaccessible to non-bank investors.

Through investments in and alongside wholesale funds managed by Metrics Credit Partners, investors will gain access to monthly cash income, reduced capital volatility and portfolio diversification.

It is anticipated that MXT will list on the ASX during October 2017.

https://metricscredit.com.au

 

[System]

On August 3rd, 2021, MCP Master Income Trust changed its name to Metrics Master Income Trust.

 

[Dona Ferentes]

.
not much point holding for yield if the share price is dropping.
.
according to the AFR, Count Financial was conducting an out-of-cycle review of private credit after an increase in instability in the asset class and is recommending its advisers sell holdings in at least three funds run by Metrics Credit Partners, launching a wide-ranging review of private credit to assess whether the returns are still worth the risk.

Count has told advisers that its review and recommendation was out of the ordinary, adding that they believed it was appropriate to protect investors. The review, it said, was in response to concerns about the investment grade quality of assets, liquidity issues in the broader sector, rising levels of unsecured debt, the high exposure of private credit firms to construction development and the recent defaults in construction companies.