Information Memorandum



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The Fund invests in credit, fixed-income, cash and cash-equivalent assets. All assets in the Fund will be rated Investment Grade by an external rating agency at the time of purchase.

The Fund is designed for investors who wish to have exposure to such assets and are looking for regular income distributions in excess of the RBA Cash Rate Target. The Fund’s assets are generally expected to be liquid and the Fund will be suitable for investors with an investment horizon of 12 months.


May 2024 1 Mth 2 Mth 3 Mth 4 Mth 5 Mth 6 Mth 9 Mth SI4
Fund Return2 0.47% 1.10% 1.80% 2.57% 3.08% 3.56% 5.22% 5.52%
Target Return3 0.48% 0.95% 1.44% 1.90% 2.40% 2.89% 4.31% 4.58%
Excess -0.01% 0.15% 0.36% 0.67% 0.68% 0.67% 0.91% 0.94%

1. Past performance is not a reliable indicator of future performance.

2. Fund returns are net of fees and assume reinvestment of distributions. 

3. Target return is RBA Cash Rate Target + 1.5% (net of fees).

4. Since inception performance is the net return per annum since the establishment of the Fund in August, 2023.


APIR Code: AQU7324AU
Unit Classes: Ordinary and Institutional
Inception: 14 August 2023
Investor Class: Wholesale Clients only (Australia and New Zealand)
Sector: Credit and Fixed Income
Investment Objective: The Fund aims to preserve capital and achieve returns over the short to medium term Target Return
Investment Strategy: An actively managed portfolio of fixed income and credit assets with an emphasis on protecting capital and providing liquidity while delivering risk-adjusted returns above the prevailing RBA Cash Rate Target through the market cycle.
Types of Investments: Investment grade credit and fixed-income assets including RMBS and other asset backed securities, corporate and government securities and cash. Predominatly floating rate and A$ denominated.
Target Return: RBA Cash Rate Target + 1.50% p.a. (net of fees)
Platform Availability: Netwealth, Mason Stevens, Praemium


The information contained on this web page and elsewhere on this site was prepared by Aquasia Pty Ltd ABN 20 136 522 051, AFSL 337872 (Aquasia) and is intended for use by existing and potential wholesale investors in Aquasia’s managed funds. It contains general information and does not constitute financial or investment advice or recommendation or an offer to buy or sell any financial product. It does not take into consideration any person’s objectives, financial situation or needs and should not be used as the basis for any investment or financial decision. Past performance is not a reliable indicator of future performance. Investors should should refer to the relevant Fund’s Information Memorandum and seek independent financial advice and input from accounting, tax, legal and other professional advisors.

To the extent permitted by law, Aquasia is not liable for, and excludes any loss or damage suffered by any person in connection with, this information (including as a result of negligence). Aquasia, its officers, staff, associates and clients may trade and/or hold securities mentioned on this web page or elsewhere on this site.