Fund performance
Monthly income.
Performance in focus.
A diversified portfolio of credit assets delivering monthly income.
August 2026
Portfolio composition, manager commentary and performance.
Open monthly reportAt a glance
The latest figures.
As at
- 1-year return
- 7.99%
- p.a. net of fees
- Since inception
- 9.11%
- p.a. net of fees
- Funds under management
- $28.02M
- as at 31 August 2026
- Return target
- RBA + 4%
- cash rate + 4% p.a. net
Past performance is not a reliable indicator of future performance. The return target is not a guarantee.
See the PDS for when monthly distributions are made and under what conditions.
Historical returns
Month by month.
Net total return after the deduction of ongoing fees and expenses based on end-of-month NAV, assuming reinvestment of distributions.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.77 | +0.60 | +0.39 | +0.61 | +0.61 | +0.52 | +0.68 | +0.63 | — | — | — | — | +4.92 |
| 2025 | +0.81 | +0.73 | +0.75 | +0.72 | +0.86 | +0.76 | +0.77 | +0.75 | +0.74 | +0.74 | +0.71 | +0.70 | +9.43 |
| 2024 | +0.79 | +0.72 | +0.74 | +0.79 | +0.76 | +0.78 | +0.78 | +0.81 | +0.71 | +0.85 | +0.72 | +0.82 | +9.68 |
| 2023 | — | — | — | +0.71* | +0.73 | +0.71 | +0.74 | +0.75 | +0.76 | +0.78 | +0.75 | +0.81 | +6.95 |
*The Fund commenced on 21 April 2023. The April 2023 figure is the 10-day return expressed as a full-month equivalent rate; the 2023 year total is calculated on the same basis and covers the inception year only. The 2026 year total is year to date. Returns are net of fees and expenses, including distributions, compounded. Past performance is not a reliable indicator of future performance.
The report library
A closer look at each month.
Read the monthly reports for portfolio commentary and performance detail.
August 2026
+0.63% monthly · +7.99% 1-Year
Open reportJuly 2026
+0.68% monthly · +8.12% 1-Year
Open reportJune 2026
+0.52% monthly · +8.21% 1-Year
Open reportMay 2026
+0.61% monthly · +8.47% 1-Year
Open reportApril 2026
+0.61% monthly · +8.74% 1-Year
Open reportMarch 2026
+0.39% monthly · +8.86% 1-Year
Open reportFebruary 2026
+0.60% monthly · +9.25% 1-Year
Open reportJanuary 2026
+0.77% monthly · +9.39% 1-Year
Open reportDecember 2025
+0.70% monthly · +9.43% 1-Year
Open reportNovember 2025
+0.71% monthly · +9.56% 1-Year
Open reportOctober 2025
+0.74% monthly · +9.57% 1-Year
Open reportSeptember 2025
+0.74% monthly · +9.69% 1-Year
Open reportImportant information
Return figures refer to the Total Net Return for the relevant period, being the return after the deduction of ongoing expenses based on end-of-month NAV, assuming reinvestment of all distributions. Past performance is not a reliable indicator of future performance. The information shown has been prepared by Mi Funds Management Pty Ltd to provide general information only and does not take into account the investment objectives, financial situation or particular needs of any person. Before acting on it you should consider whether it is appropriate to you and seek professional advice. Capital and returns are not guaranteed. Investors should obtain a copy of the PDS and consider the Target Market Determination before making a decision to invest.
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