Ares Global Credit Income Fund (AGCIF)

The Ares Global Credit Income Fund is an alternative solution to traditional fixed income designed to deliver attractive, steady income and diversification with a focus on capital preservation^.

Ares employs an opportunistic, flexible and untethered global credit investment strategy which seeks to take advantage of relative value opportunities within global credit markets and provide investors with a diversified portfolio of credit assets.

Ares Capital Management II has been appointed as sub-adviser of the Ares Global Credit Income Fund and Ares Diversified Credit Fund.

Attractive Income
A focus on downside protection^
Nimble and tactical portfolio management
Diversification across a broad opportunity set

You should read the Fund’s Target Market Determination (TMD) and the Fund’s Product Disclosure Statement (PDS) to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs. These documents are available on the Invest Online page on this website.

Ares Australia Management Pty Ltd ABN 51 636 490 732 AFSL 537 666 (Ares Wealth Management Solutions, AWMS or Ares) is the investment manager of the Ares Global Credit Income Fund (ARSN 639 123 112) (the Fund). Fidante Partners Limited (ABN 94 002 835 592 AFSL 234668) (Fidante) is a member of the Challenger Limited group of companies (Challenger Group) and is the issuer and responsible entity of the Fund. You should read the Fund’s TMD and PDS to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs before making a decision about whether to acquire or continue to hold the Fund.


Performance

As of 31 October 2024

Performance1 Month
%
3 Month
%
6 Month
%
1 Year
%
3 Year
%
Inception
% p.a.
Fund return (gross)10.421.754.3210.045.006.58
Fund return (net)20.451.664.039.334.205.83
Bloomberg AusBond Bank Bill Index0.371.122.234.452.941.97
Active Return0.080.551.804.881.263.86

Fund Inception Date: 1 May 2020. Data Source: Fidante Partners Limited

1 Returns are calculated before fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
2 Returns are calculated after fees have been deducted and assume distributions have been reinvested. No allowance is made for tax when calculating these figures.
Past performance is not a reliable indicator of future performance. Past performance figures that are less than 12 months are for informational purposes only and are not to be relied upon when considering the likely future performance of the Fund.

Unit Prices and Distributions

To view historical unit prices and distributions click here


Key Fund Characteristics

Investment ObjectiveThe Fund aims to provide stable monthly income with a focus on downside protection across various market cycles by investing in a diversified portfolio of credit assets.
Target Return1 Bloomberg AusBond Bank Bill Index + 3-4%
Target Distribution1Bank Bill Swap Rate + 2.5-3.5% per annum (paid monthly)
Investment TimeframeAt least 3 to 5 years
Performance ObjectiveBloomberg AusBond Bank Bill Index + 3-4%
Duration Band1.0 to 2.5 years
Management Fee0.75% p.a. of the net asset value of the Fund

1 Neither the responsible entity nor the investment manager guarantees your capital or any particular rate of return.
A buy/sell spread may apply to applications or withdrawals. Please view the latest buy/sell spread update for the Fund.

Ares ratings

Awards and ratings disclaimers

Platform Availability

Please see current platform availability for Ares Global Credit Income Fund.


Portfolio Managers

Charles Arduini

Partner,
Alternative Credit

Seth Brufsky

Partner,
Co-Head of Global Liquid Credit

Samantha Milner

Partner,
Global Liquid Credit

Boris Okuliar

Partner,
Co-Head of Global Liquid Credit

^References to “downside protection” or similar language are not guarantees against loss of investment capital or value. Diversification does not assure profit or protect against market loss.