About the Fund
The Ares Diversified Credit Fund, via its investment in the Underlying Fund(1), employs an opportunistic, dynamic and unconstrained global credit investments strategy based on absolute and relative value considerations and its analysis of liquid and illiquid credit markets.
Why this Fund
The Ares Diversified Credit Fund suits wholesale, sophisticated investors and retail (advised) investors seeking:
Fund Facts
Management Fees^
Fund: Nil
Underlying Fund: 1.25% of Managed Assets
Performance Fees (if applicable)
Fund: Nil
Underlying Fund: 15% subject to a hurdle rate of 1.5% per quarter (6% annualised), and subject to a catch-up feature
^Underlying Fund management fees are estimated to be 1.80% pa of the NAV of the Fund. Managed Assets means the total assets of the Underlying Fund (including any assets attributable to any preferred shares that may be issued or to indebtedness) minus the Underlying Fund’s liabilities other than liabilities relating to indebtedness. Management Costs which includes Underlying Fund’s estimated expenses and estimated recoverable expenses of 0.61% also apply. Please refer to the PDS for more details.
*Performance Fees are not charged by the Fund. However, performance fees (also known as Incentive Fees) may be payable indirectly to the Underlying Fund which is 15% subject to a hurdle rate of 1.5% per quarter (6% annualised), and subject to a catch-up feature.
Please refer to the PDS for more details.
Fund Performance & Distributions
Fund Performance (Net) as at 30 Apr 2025
| 1M | 3M | 1YR | 3YR (p.a) | 5YR (p.a) | 10YR (p.a) | SI (p.a) | |
|---|---|---|---|---|---|---|---|
| Fund | 0.04% | -0.17% | 6.61% | 7.30% | - | - | 7.02% |
Data powered by FE fundinfo. Past performance is not a reliable indicator of future performance. The inception date of the Fund is 17 December 2020.
FE fundinfo calculates performance using the Australian FSC Standard by constructing a total value index series that reflects the percentage change in investments assuming the reinvestment of all distributions. A total value index series is constructed using the Ex-Distribution exit price, which is calculated at the end of a distribution period by deducting the distribution amount by the Cum distribution exit price.
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.
Data powered by FE fundinfo
© FE fundinfo 2023. All rights reserved. The compilation of data contained in this report is the copyright of FE fundinfo. It may be copied only incidentally to print single copies for use by those authorised to view it. Whilst reasonable care has been taken in the compilation of the data, it is not warranted to be accurate or complete, and has been drawn by FE fundinfo from sources which are also not warranted to be accurate or complete.
Performance figures are calculated on an exit – exit basis and shown in Australian Dollars.
Resources
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.
Ways to Invest
