InvestSMART

Metrics Credit Trust II - Managed Fund

Fund Objective
The investment objective of the Fund is to provide attractive risk-adjusted returns including opportunistically delivering equity upside capital gains while retaining a focus on capital stability; active risk management and downside capital preservation through investments in multi-asset Private Credit and other assets such as Warrants; Options; Preference Shares and Equity.
Fund Strategy
The Investment Strategy of the Fund is to create a portfolio of multi-asset Private Credit and other assets (including Equity assets) across Australia; New Zealand and developed Asia by providing valued private capital to companies; projects and sponsored special purpose vehicles. The Manager will actively originate; structure; invest in and manage private capital transactions according to how the Manager believes the Investment Objective can best be achieved.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.93% -% -% -% -% -% -% -%
Growth return 0.15% -% -% -% -% -% -% -%
Income return 0.78% -% -% -% -% -% -% -%
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

No asset allocation data available.
Average Allocation of Peers
Alternatives
47.54%
International Equities
6.14%
Cash
40.10%
Fixed Interest
6.23%

General Information

Fund Details
Type Description
Metrics Credit Trust II
Perpetual Trust Services Limited
PER4266AU
Alternative - Private Debt
Not Rated
Unknown
1 Jul 2025
$518.78 million (as at 30 Oct 2025)
$1.0097 (as at 30 Oct 2025)
$1.0097 (as at 30 Oct 2025)
Open
Offer information
Type Description
Minimum initial investment $50,000

FAQs about the Metrics Credit Trust II

The objective of the Metrics Credit Trust II managed fund is The investment objective of the Fund is to provide attractive risk-adjusted returns including opportunistically delivering equity upside capital gains while retaining a focus on capital stability; active risk management and downside capital preservation through investments in multi-asset Private Credit and other assets such as Warrants; Options; Preference Shares and Equity.

The strategy of the Metrics Credit Trust II managed fund is The Investment Strategy of the Fund is to create a portfolio of multi-asset Private Credit and other assets (including Equity assets) across Australia; New Zealand and developed Asia by providing valued private capital to companies; projects and sponsored special purpose vehicles. The Manager will actively originate; structure; invest in and manage private capital transactions according to how the Manager believes the Investment Objective can best be achieved.

The APIR code of the Metrics Credit Trust II managed fund is PER4266AU.

Metrics Credit Trust II’s total return last month was 0.93%. This was made up of a growth return of 0.15% and an income return of 0.78%. These returns were calculated as at 30 Sep 2025.

Metrics Credit Trust II’s total return for the last three months was -%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Sep 2025.

Metrics Credit Trust II’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 30 Sep 2025.

Metrics Credit Trust II’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 30 Sep 2025.

The asset allocation of the Metrics Credit Trust II managed fund is :

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

The Responsible Entity for the Metrics Credit Trust II managed fund is Perpetual Trust Services Limited.

The Metrics Credit Trust II managed fund belongs to the Alternative - Private Debt sector/asset class.

As at 30 Oct 2025, the size of the Metrics Credit Trust II managed fund was $518.78 million.

The Metrics Credit Trust II managed fund has an inception date of 1 Jul 2025.

The current entry price of the Metrics Credit Trust II managed fund is $1.0097 per unit and the current exit price is $1.0097 per unit (as at 30 Oct 2025).

The current exit price of the Metrics Credit Trust II managed fund is $1.0097 per unit and the current entry price is $1.0097 per unit (as at 30 Oct 2025).

The minimum initial investment amount for the Metrics Credit Trust II managed fund is $50,000.

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.