14/11/2023
Good news! BC Invest will be providing increases to the target return income rates, on each of our portfolio accounts within the BC Invest Australian Credit Fund.
From 10 Nov 2023, we are excited to share with you the following portfolio target return income rates.
We have multiple tailwinds driving our performance and fuelling the progressive increases. Our portfolios are fully invested, our credit appetite has strengthened and our portfolios are exposed to income-producing assets.
With market interest rates continuing to increase, it is a time for investors to consider the potential of capital preservation and inflationary-responsive floating rate income. Make your hard-earned capital work harder for you in this rising-rate environment, with floating-rate returns that apply to every dollar invested.
Ease of transaction
• Personal, friendly service
• Dedicated account management
• Transact online using our Investor Portal
Fee simplicity
• No fees on entry
• No fees in your scheduled exit
• No buy/sell spread or performance fees
Invest your way
• Invest across short-and long-term offerings
• Schedule additional investments
• Choice of Green and traditional offerings
An investment in the BC Invest Australian Credit Fund is higher risk than cash. The Fund invests in floating rate securities that are issued at a margin above a base interest rate and are subject to movements in interest rates which may affect income received by the Fund and, in turn Unit class distributions. When interest rates rise, distributions will likely increase and when rates fall, distributions will likely decrease. The Fund’s investments are in securities that are backed by mortgages and subject to risks including borrower defaults which may increase in a rising interest rate environment. Refer to the Fund’s Product Disclosure Statement for more detail on Risks.
Our friendly Investment Services Team are at the ready for your queries at [email protected] or phone +61 3 9069 2727.
Disclaimer: This is general information only and is not intended to provide you with financial advice and has been prepared without taking into account your objectives, financial situation or needs. The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235150) is the Responsible Entity and issuer of units in the Fund. Prior to making a decision about whether to acquire, hold or dispose of units in the Fund you should consider the Product Disclosure Statement (PDS) and the Target Market Determination (TMD) to see if it is right for you. The PDS and TMD for the Fund are available at https://au.bcinvest.co/investment-australian-credit-fund. Past performance is not a reliable indicator of future performance.
