The Fund delivered +1.01% in February (noting the 28-day month, this is equivalent to 1.12% for a 31-day month), 15.08% over 12 months and 14.99% annualised since inception, continuing to deliver over 10% net return above the RBA cash rate.
February was a particularly active month for the Fund, as we worked diligently with existing counterparties to strengthen our relationships. Notably, we expanded facilities for seven of our existing lenders, demonstrating our commitment to fostering long-term strategic partnerships with key non-bank lenders.
Investment activity within the Fund remains high, with the team concentrating on a particularly attractive opportunity. This opportunity involved a rigorous six-month due diligence and negotiation process, which is now nearing completion. We anticipate the transaction will settle in May, marking a significant milestone for the Fund.
