InvestSMART

Real Income Fund A2 - Managed Fund

Fund Objective
Class A 2 is actively managed and aims to provide returns in excess of 3% per annum (net of fees) above the RBA Cash Rate through investing in a diversified portfolio of debt and debt securities. Class A 2 is intended to be suitable for investors seeking a stable portfolio investment with a preference for steady income and capital stability.
Fund Strategy
Class A 2 intends to invest in notes issued by the trustee of one or more securitisation trusts, or securitisation warehouse trusts. Initially, all of the assets referable to Class A 2 will be invested in ABS related to the Brighten Loan Program. The ABS issued by the RAM Credit Securities Trust are not expected to be rated by an external credit rating agency. To maintain consistent income returns over the long term, it is intended that these ABS be held until their maturity.

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 0.54% 1.7% 3.49% 7.31% -% -% -% -%
Growth return 0% 0% 0% 0% -% -% -% -%
Income return 0.54% 1.7% 3.49% 7.31% -% -% -% -%
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

Real Income Fund A2
Cash
0.50%
Fixed Interest
99.50%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
40.10%
Fixed Interest
6.23%
International Equities
6.14%
Alternatives
47.54%

General Information

Fund Details
Type Description
Real Income Fund A2
Melbourne Securities Corporation Limited
MSC7657AU
Alternative - Private Debt
Not Rated
Unknown
15 Jan 2024
$27.01 million (as at 30 Sep 2025)
$1 (as at 30 Sep 2025)
$1 (as at 30 Sep 2025)
Open
Offer information
Type Description
MER 0.58% (as at 17 Feb 2025)
Minimum initial investment $10,000.00
Minimum additional investments

FAQs about the Real Income Fund A2

The objective of the Real Income Fund A2 managed fund is Class A 2 is actively managed and aims to provide returns in excess of 3% per annum (net of fees) above the RBA Cash Rate through investing in a diversified portfolio of debt and debt securities. Class A 2 is intended to be suitable for investors seeking a stable portfolio investment with a preference for steady income and capital stability.

The strategy of the Real Income Fund A2 managed fund is Class A 2 intends to invest in notes issued by the trustee of one or more securitisation trusts, or securitisation warehouse trusts. Initially, all of the assets referable to Class A 2 will be invested in ABS related to the Brighten Loan Program. The ABS issued by the RAM Credit Securities Trust are not expected to be rated by an external credit rating agency. To maintain consistent income returns over the long term, it is intended that these ABS be held until their maturity.

The APIR code of the Real Income Fund A2 managed fund is MSC7657AU.

Real Income Fund A2’s total return last month was 0.54%. This was made up of a growth return of 0% and an income return of 0.54%. These returns were calculated as at 30 Sep 2025.

Real Income Fund A2’s total return for the last three months was 1.7%. This was made up of a growth return of 0% and an income return of 1.7%%. These returns were calculated as at 30 Sep 2025.

Real Income Fund A2’s one-year total return is 7.31%. This was made up of a growth return of 0% and an income return of 7.31%. These returns were calculated as at 30 Sep 2025.

Real Income Fund A2’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 Real Income Fund A2 managed fund is :

Cash
0.50%
Fixed Interest
99.50%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Real Income Fund A2 managed fund is Melbourne Securities Corporation Limited.

The Real Income Fund A2 managed fund belongs to the Alternative - Private Debt sector/asset class.

As at 30 Sep 2025, the size of the Real Income Fund A2 managed fund was $27.01 million.

The Real Income Fund A2 managed fund has an inception date of 15 Jan 2024.

The current entry price of the Real Income Fund A2 managed fund is $1 per unit and the current exit price is $1 per unit (as at 30 Sep 2025).

The current exit price of the Real Income Fund A2 managed fund is $1 per unit and the current entry price is $1 per unit (as at 30 Sep 2025).

The minimum initial investment amount for the Real Income Fund A2 managed fund is $10,000. Minimum additional investment is $0.

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.