The Fund delivered +1.13% in March, 15.05% over 12 months and 14.97% annualised since inception, continuing to deliver over 10% net return above the RBA cash rate.
We are pleased to report that March was a productive month for the Manning Credit Opportunities Fund, marked by the funding of eight drawers for existing lenders within the strategy. This represents significant organic growth and underscores our ongoing commitment to supporting our established relationships. Throughout the month, our focus remained on maintaining the high standards of credit quality and portfolio diversification that our investors have come to expect. This disciplined approach ensures that we continue to identify and fund opportunities that offer attractive risk-adjusted returns.
Looking Ahead
A less certain forward-looking market presents a unique opportunity to identify valuable investments for this Fund. Given the broader credit mandate of the Fund, we are actively monitoring a diverse range of market segments to evaluate their relative value and determine their appropriate weighting within the portfolio. This proactive approach allows us to remain agile and responsive to changing market conditions, ensuring that we can capitalise on emerging opportunities.
We remain committed to our strategy of meticulous transaction execution over rapid capital allocation. This approach has proven effective in balancing the portfolio and enhancing its resilience, even in fluctuating market conditions. Our rigorous due diligence processes and strategic partnerships with key non-bank lenders have been the cornerstone of our success and allowed us to navigate complex environments.
