Remara Cash Management Fund

The Fund was launched in June 2024. The Fund is managed by Remara Investment Management Pty. Ltd. (the Manager), a part of the Remara Group (Remara). The Remara Group was founded in January 2019 by its Managing Partners, Andrew McVeigh and David Verschoor. The Fund invests in short-term notes linked to a pool of public and unlisted floating-rate Australian credit instruments, all of which are investment-grade rated (either externally or through shadow-rated instruments). These include public floating-rate notes with AAA or AA ratings and investment-grade securitised public and private RMBS/ABS/MBS instruments.

The Fund is a cash-enhanced product designed to provide investors with stable income through fixed or variable returns. It invests in short-term notes linked to a pool of public and unlisted Australian floating-rate credit instruments, all rated investment-grade (externally or shadow-rated), including AAA and AA-rated public floating-rate notes and investment-grade public and private RMBS/ABS/MBS. The Fund offers five-unit classes with target returns from RBA + 0.75% to RBA + 2.00%, with the Manager absorbing any difference between actual and target returns.

The Cash Management Fund is a new addition to the Remara product range, but the underlying expertise required to develop and run such a product is not new to a number of critically important team members. We note that David Verschoor has considerable prior experience in trading corporate debt, repos, and associated treasury management activities, particularly for BNP Paribas in Tokyo and

Hong Kong. John Debevec has recently been added to the team, specifically for this product. He is a seasoned professional in capital markets and stands out with over 25 years of experience in securitisation and treasury management. His career spans several prestigious institutions, including Merrill Lynch, RBS, Westpac and Moody’s.