The Class A Units under the Max Alpha Opportunities Fund is a fixed-income strategy that aims to generate 10% gross return (8.5% net return per annum) to its investors. The Class A Units operate with a monthly subscription window, quarterly distribution and redemption window.

The objective of Class A Units is to achieve a fixed 10% investment return (before fees and Fund expenses) per annum by investing in securities or Notes. The fund manager charges 1.5% per annum (inclusive of GST) of the fund's gross value quarterly in arrears. Investors in Class A Units are expected to receive an after-fee return of 8.5% per annum, distributed quarterly.

The Note Issuer will primarily invest the funds derived from the Notes, directly or indirectly, in a diversified portfolio of credit assets, including: fixed income assets; loan notes; mortgage-backed securities; registered and unregistered managed investment schemes; and such other investments agreed by the Fund from time to time. All assets are Australian-domiciled. Check our latest target portfolio allocation here.

No. The Class A Units does not charge fees such as performance fee / upfront fees, apart from the 1.5% GST inclusive management fee.

The fund's Trustee has engaged an independent party, Perpetual Corporate Trust Limited (ACN 000 341 533; AFS Licence number 392 673) as custodian of the Fund. Custodians are typically regulated entities that adhere to strict industry standards and guidelines, contributing to the overall integrity of the Fund's operations. By appointing a custodian, the Fund ensures a higher level of security and compliance with regulatory requirements. The custodian separates the ownership and management of assets from the Fund's day-to-day operations. This segregation of duties helps prevent conflicts of interest and ensures transparency in the handling of assets.

You must qualify as a Wholesale Investor as defined in section 761G or a Sophisticated Investor as defined in section 761GA of the Corporations Act 2001. You will qualify as a wholesale investor if you invest more than AU$500,000. You can also qualify as a wholesale investor if you have a certificate from a qualified accountant stating the following: had a gross income for each of the last 2 financial years of at least AU$250,000 a year or has net assets of at least AU$2.5 million. Refer to this template for a sample accountant's certificate. After qualifying as a wholesale investor, the initial minimum investment amount for Class A units is AU$50,000.

You could either complete an online application, or fill in a paper-based application form. After receiving your application, we will request ID / Proof of Address documents from you per our duty to adopt and maintain an anti-money laundering and counter-terrorism financing ('AML/CTF') program. Refer to the ID Checklist for more details. After passing the identification check, please transfer your investment funds to the custodian bank address listed on page B2 of the application form, at least 5 business days prior to the first calendar day of the next month. If you need any assistance during the application process, please feel free to contact our friendly team or send an email to funds@maxalpha.com.au.

Yes. as long as you are a Wholesale investor as defined in section 761G or a Sophisticated investor as defined in section 761GA of the Corporations Act 2001. If you are a foreign and temporary residents for tax purpose, we will withhold 10% of your distribution income and pay these withheld tax to the Australian Taxation Office (ATO) on a quarterly basis. You could use the decision tool provided by the ATO to work out your tax residency, or consult your accountant for professional advice. If you regularly base in a foreign country other than Australia, you will need a bank account that can transfer investment funds, receive distribution income and redemption in AUD.

Simply fill in this Additional Application Form, or send an email to funds@maxalpha.com.au. The additional investment needs to be at least $1,000 per increment.

We are obliged under the Foreign Account Tax Compliance Act (FATCA), related intergovernmental agreements (“IGAs”) and regulations based on the OECD Common Reporting Standard (“CRS”) to collect certain information about each investor’s tax arrangements. FATCA is a U.S. law that requires foreign financial institutions to report information about financial accounts held by U.S. taxpayers or foreign entities with substantial U.S. ownership. CRS is a global standard for the automatic exchange of financial account information between countries. Financial institutions collect information about account holders' tax residences and report it to their local tax authorities, which then share this information with other participating countries to ensure tax compliance.

Your investment income will be paid on a quarterly basis, within 15 business days after the March, Jun, September and December calendar quarter end. For example, if you subscribe into Jan 2024 notes, your investment income will be distributed within 15 business days after 31 Mar 2024, to your nominated bank account.

Your investment interest will start to accrue in the first calendar day of the month that you subscribe into. For example, if you subscribe into Jan 2024 notes and transfers investment fund 5 business days prior to 31 Dec 2023, your interest will start to accrue on 1 Jan 2024.

Yes. You could opt to reinvest all your distributions. This can be specified when you make an initial application, or could be updated later using a Change of Details Form. The reinvestment of distribution will be in effect starting from the next distribution window.

The Max Alpha Opportunities Fund (Class A Units) operates with a quarterly redemption window that requires 30 days prior notice before the last business day of the calendar quarter. Please fill in a simple Redemption Request Form and send it to funds@maxalpha.com.au. Your investment interest will be accured until the last calendar day of the corresponding redemption window calendar quarter. Generally, you will receive your investment funds and last distribution within 15 business days of each calendar quarter end.

Yes. You could request to partically redeem your investment, by specifying the amount you need to redeem in the Redemption Request Form.