Barings Liquidity Investment Strategy (“BLIS” or "the Fund")

Capital Stability*

An actively managed portfolio of highly-rated, floating-rate securitised assets, which have shown capital stability historically.

Liquidity Management

Aims to provide unitholders with quick access to their capital, with withdrawal proceeds generally available within five business days.**

Higher Income Potential

Aims to distribute quarterly income above the potential returns available on traditional cash products.***

Act Now

For Australian Institutional Investors or Financial Advisors, please access the application form below or contact Jonathan Baird at jonathan.baird@barings.com if you have any inquiries.

For Australian Individual or Retail investors, please reach out to your financial advisor or go to the responsible entity’s site for details.

Application Form

Investment Objective

The Fund’s investment objective is to generate floating rate investment returns that exceed the RBA Overnight Cash Rate + 1.50% to 2.00% (net of fees) over rolling 12-month periods.

 

The investment objective is not a forecast, it is only an indication of what the investment strategy of the Fund aims to achieve. It may not be achieved.

Investment Strategy

The Fund is designed for investors seeking capital stability with above cash returns and with an ability to manage their liquidity allocation.

 

The Fund will seek to achieve its investment objective by investing in a pool of eligible investments, primarily focused on opportunities in the domestic structured debt markets including floating rate residential mortgage-backed securities (RMBS), Asset-backed securities (ABS), Commercial mortgage-backed securities (CMBS) among other asset types.

Fund Characteristics

APIR Code

OMF6430AU

 

Inception Date

July 24, 2024 (TBC)

 

Buy/Sell Spread

0/10bps

 

Management Fee

0.4%

 

Minimum investment

AUD1,000

 

Minimum additional investment

AUD1,000

 

Portfolio Managers

Ashley Burtenshaw
Steve Flemming

 

Distribution frequency

Quarterly

 

Portfolio objective

RBA Overnight Cash Rate + 1.50% to 2.00% (net of fees)

 

Suggested investment period

1 year or greater

 

 

Portfolio Manager Profiles

As Co-Managing Director, Ashley is responsible for contributing to the investment decisions of Gryphon Capital Investments, a Barings Company, and serves as a senior portfolio manager and member of Gryphon’s Investment Committee.

 

Ashley has over 28 years’ experience in financial markets that spans across a broad range of areas, including securitisation in debt capital markets, fixed income trading and funds management. Before co-founding Gryphon, Ashley spent five years at Threadneedle Investments as the Australian co-head responsible for managing the firm’s Global ABS portfolios. Prior to this he worked as a director, fixed income at Credit Suisse First Boston and as a senior ABS portfolio manager at Babcock and Brown. Ashley began his career as a fixed income trader with Nomura in the London and Tokyo offices.

 

Ashley holds a Bachelor of Science, major in Mathematics from Queensland University of Technology.

Ashley Burtenshaw

Co-Managing Director

As Co-Managing Director, Steve is responsible for the business management of Gryphon Capital Investments, a Barings Company, and serves as a senior portfolio manager and a member of Gryphon’s Investment Committee.

 

Steve has more than 32 years’ experience across a broad range of areas, including debt capital markets, securitisation, funds management and structured finance. Before co-founding Gryphon, Steve spent five years at Threadneedle Investments as the Australian co-head responsible for managing the firm’s global ABS portfolios. Prior to this Steve held several key roles specialising in structured finance and securitisation which included, co-head of the Babcock and Brown Capital Markets Group, Director in Nomura’s Commercial Mortgage team based in the New York office and Associate Director in Nomura’s Principal Finance Group. Steve began his career with Price Waterhouse in Sydney.

 

Steve holds a Master of Economics from Macquarie University, a Bachelor of Commerce from the University of Queensland, is a member of the Australian Institute of Company Directors and qualified as a Chartered Accountant in 1993.

Steve Fleming

Co-Managing Director

* Return of capital and target return are not guaranteed. The investment objective is not a forecast, it is only an indication of what the investment strategy of the Fund aims to achieve. It may not be achieved.
** Refer to Product Disclosure Statement (PDS) and Additional Information Booklet (AIB) for more details.
*** BLIS aims to distribute quarterly income. Distributions are not guaranteed and may be subject to the Responsible Entity's discretion. Positive distribution may not represent a positive return.
# At the discretion of the Fund Manager.

Disclosure

One Managed Investment Funds Limited (ABN 47 117 400 987) (AFSL 297042) (OMIFL) is the responsible entity of the Barings Liquidity Investment Strategy Fund (the “Fund”). Information contained on this site was prepared by Barings Australia Pty Ltd (ACN 140 045 656, AFSL 342787).

The material on this website is published for general informational purposes only. While neither OMIFL nor Barings Australia Pty Ltd has any reason to believe the information is inaccurate, the truth or accuracy of the information cannot be warranted or guaranteed.

This website is not designed for the purpose of providing financial product or investment advice. The information contained in this website does not take into account your particular investment objectives, financial situation or investment needs. You should seek personal financial product or investment advice and consider whether the information contained in this website is appropriate to your particular investment objectives, financial situation and investment needs before making an investment decision. This website may contain forward-looking statements based on current expectations, estimates, and projections about the Fund’s business and the industry in which the Fund invests. Investors are cautioned not to place undue reliance on these forward-looking statements. Neither OMIFL nor Barings Australia Pty Ltd undertakes any obligation to revise any such forward-looking statements to reflect events and circumstances after the date of publication.

The information contained in this website is not a recommendation or statement of opinion, or a report of either of those things intending, or that could be reasonably regarded as intending, to influence a person or persons to invest in any investments, securities or financial products offered by Barings Australia Pty Ltd.

Past performance is not a guide to future performance. Barings Australia Pty Ltd does not guarantee or warrant the future performance of the Fund, the return on an investment in the Fund, the repayment of capital or the payment of distributions from the Fund. An investment is subject to investment and other risks. Investors should read the Information Memorandum, Product Disclosure Statement or any offering documents relating to a specific Fund in its entirety prior to investing and, where appropriate, seek independent professional advice. Before making any investment decision regarding the Fund, investors and potential investors should consider the Information Memorandum, Product Disclosure Statement (PDS) and the Target Market Determination (TMD) issued by OMIFL available on this website.

To the maximum extent permitted by law, Barings Australia Pty Ltd will not be liable in any way for any loss or damage suffered by you through use or access to this website, or Baring’s failure to provide this website. Barings liability for negligence, breach of contract or contravention of any law as a result of its failure to provide this website or any part of it, or for any problems with this website, which cannot be lawfully excluded, is limited, at its option and to the maximum extent permitted by law, to resupplying this website or any part of it to you, or to paying for the resupply of this website or any part of it to you.