InvestSMART

MA Priority Income Fund - Managed Fund

Fund Objective
The Fund's investment objective is to provide Unitholders with stable monthly cash distributions and a strong riskadjusted return through exposure to a portfolio of credit investments while preserving and protecting capital.6 The Fund obtains an underlying exposure to the Portfolio through investing solely in Class A units in the Master Trust.
Fund Strategy
The investment strategy is to gain exposure via the Master Trust to the Portfolio of credit investments diversified across credit market segments, borrowers, industries, credit qualities and origination platforms. The Portfolio will be constructed and actively managed in accordance with the investment guidelines set out. These are guidelines only and the portfolio construction of the Master Trust may not always reflect these guidelines.

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 -0.03% 1.95% 4% 8.37% 8.51% 8.27% 6.72% -%
Growth return -0.65% 0% 0% 0% 0% 0% 0% -%
Income return 0.62% 1.95% 4% 8.37% 8.51% 8.27% 6.72% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.29% 0.9% 1.88% 4.03% 4.17% 3.92% -% -%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MA Priority Income Fund
Fixed Interest
100%
International Equities
0%
Cash
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
6.23%
International Equities
6.14%
Cash
40.10%
Alternatives
47.54%

General Information

Fund Details
Type Description
MA Priority Income Fund
MAA8010AU
Alternative - Private Debt
Not Rated
Unknown
30 Nov 2018
$2188.7 million (as at 30 Sep 2025)
$2.0125 (as at 30 Sep 2025)
$2.0125 (as at 30 Sep 2025)
Open
Offer information
Type Description
MER 0.52% (as at 1 Aug 2025)
Indirect Cost Ratio (ICR) 0.66% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available

FAQs about the MA Priority Income Fund

The objective of the MA Priority Income Fund managed fund is The Fund's investment objective is to provide Unitholders with stable monthly cash distributions and a strong riskadjusted return through exposure to a portfolio of credit investments while preserving and protecting capital.6 The Fund obtains an underlying exposure to the Portfolio through investing solely in Class A units in the Master Trust.

The strategy of the MA Priority Income Fund managed fund is The investment strategy is to gain exposure via the Master Trust to the Portfolio of credit investments diversified across credit market segments, borrowers, industries, credit qualities and origination platforms. The Portfolio will be constructed and actively managed in accordance with the investment guidelines set out. These are guidelines only and the portfolio construction of the Master Trust may not always reflect these guidelines.

The APIR code of the MA Priority Income Fund managed fund is MAA8010AU.

MA Priority Income Fund’s total return last month was -0.03%. This was made up of a growth return of -0.65% and an income return of 0.62%. These returns were calculated as at 30 Sep 2025.

MA Priority Income Fund’s total return for the last three months was 1.95%. This was made up of a growth return of 0% and an income return of 1.95%%. These returns were calculated as at 30 Sep 2025.

MA Priority Income Fund’s one-year total return is 8.37%. This was made up of a growth return of 0% and an income return of 8.37%. These returns were calculated as at 30 Sep 2025.

MA Priority Income Fund’s one-year total return is 8.27%. This was made up of a growth return of 0% and an income return of 8.27%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the MA Priority Income Fund managed fund is :

Fixed Interest
100%
International Equities
0%
Cash
0%
Alternatives
0%

The MA Priority Income Fund managed fund belongs to the Alternative - Private Debt sector/asset class.

As at 30 Sep 2025, the size of the MA Priority Income Fund managed fund was $2188.7 million.

The MA Priority Income Fund managed fund has an inception date of 30 Nov 2018.

The current entry price of the MA Priority Income Fund managed fund is $2.0125 per unit and the current exit price is $2.0125 per unit (as at 30 Sep 2025).

The current exit price of the MA Priority Income Fund managed fund is $2.0125 per unit and the current entry price is $2.0125 per unit (as at 30 Sep 2025).

The minimum initial investment amount for the MA Priority Income Fund managed fund is $.

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.