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  5. Apostle Diversified Global Credit Fund - Managed fund profile

Apostle Diversified Global Credit Fund - Managed Fund

Fund Objective
The Fund targets a return of 2-3% p.a. net of fees above the RBA cash rate over rolling 3-5-year periods; aiming to deliver capital stability whilst maintaining liquidity.
Fund Strategy
The Fund aims to invest across a range of alternative fixed income securities by sourcing best of breed managers that specialise in alternative investment grade; sub-investment grade and private debt markets. The fund aims to generate higher yields than traditional fixed income securities with greater capital stability.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.36% 2.16% 2.22% 5.22% 5.64% -% -% -%
Growth return 0.36% 0.21% 0.16% -0.24% -0.18% -% -% -%
Income return 0% 1.95% 2.06% 5.46% 5.82% -% -% -%
As at 31 Jul 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Apostle Diversified Global Credit Fund
Cash
3.98%
Fixed Interest
83.08%
Alternatives
12.94%

General Information

Fund Details
Type Description
Apostle Diversified Global Credit Fund
K2 Asset Management Ltd
KAM2611AU
Not Rated
Unknown
9 Aug 2022
$0.6 million (as at 1 Sep 2022)
$1.024 (as at 19 Aug 2025)
$1.0199 (as at 19 Aug 2025)
Open
Offer information
Type Description
MER 0.95% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $500,000

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Post Senior Loan Fund Lp Bond - Undefined 29.38%
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FAQs about the Apostle Diversified Global Credit Fund

The objective of the Apostle Diversified Global Credit Fund managed fund is The Fund targets a return of 2-3% p.a. net of fees above the RBA cash rate over rolling 3-5-year periods; aiming to deliver capital stability whilst maintaining liquidity.

The strategy of the Apostle Diversified Global Credit Fund managed fund is The Fund aims to invest across a range of alternative fixed income securities by sourcing best of breed managers that specialise in alternative investment grade; sub-investment grade and private debt markets. The fund aims to generate higher yields than traditional fixed income securities with greater capital stability.

The APIR code of the Apostle Diversified Global Credit Fund managed fund is KAM2611AU.

Apostle Diversified Global Credit Fund’s total return last month was 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 31 Jul 2025.

Apostle Diversified Global Credit Fund’s total return for the last three months was 2.16%. This was made up of a growth return of 0.21% and an income return of 1.95%%. These returns were calculated as at 31 Jul 2025.

Apostle Diversified Global Credit Fund’s one-year total return is 5.22%. This was made up of a growth return of -0.24% and an income return of 5.46%. These returns were calculated as at 31 Jul 2025.

Apostle Diversified Global Credit Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2025.

The asset allocation of the Apostle Diversified Global Credit Fund managed fund is :

Cash
3.98%
Fixed Interest
83.08%
Alternatives
12.94%

The Responsible Entity for the Apostle Diversified Global Credit Fund managed fund is K2 Asset Management Ltd.

As at 1 Sep 2022, the size of the Apostle Diversified Global Credit Fund managed fund was $0.6 million.

The Apostle Diversified Global Credit Fund managed fund has an inception date of 9 Aug 2022.

The current entry price of the Apostle Diversified Global Credit Fund managed fund is $1.024 per unit and the current exit price is $1.0199 per unit (as at 19 Aug 2025).

The current exit price of the Apostle Diversified Global Credit Fund managed fund is $1.0199 per unit and the current entry price is $1.024 per unit (as at 19 Aug 2025).

The minimum initial investment amount for the Apostle Diversified Global Credit Fund managed fund is $500,000. Minimum additional investment is $500000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.