MCP Master Income Trust Capital Raising

The MCP Master Income Trust  (ASX: MXT) is the first ASX listed fund giving investors access to a professionally managed portfolio of corporate loans. Since listing in 2017 the MCP Master Income Trust has delivered on its objective to deliver capital stability and income.

MXT has a target return of the RBA Cash Rate + 3.25% (4.75%*) paid via a monthly distribution. Due to strong investor demand the MCP Master Income Trust is now seeking to raise an additional amount of approximately $300 million via an entitlement offer to existing investors and by offering additional units to new investors.

“The appeal for people is that we’re offering a stable, predictable exposure to an asset class that has a low risk of capital loss and an attractive return.”

Click here for more information about this offer. 

Key Points

• The MCP Master Income Trust (ASX: MXT) is the first ASX listed credit fund giving investors exposure to a professionally managed portfolio of private market corporate loans to Australian companies. This is an asset class that is difficult for most investors to gain access.
• After receiving strong market support MXT listed on October 9, 2017 having successfully raised in excess of $500 million via an initial public offering.
• The MCP Master Income Trust aims to provide investors with capital stability and income  with a target return of the RBA Cash Rate + 3.25% (4.75%*) paid via a monthly distributions.
• The MCP Master Income Trust is seeking to raise an additional $300 million. This is being offered to existing investors via an entitlement offer in addition new investors looking to enter the fund can apply for new units.