Metrics has two fairly popular listed private credit funds, MXT and MOT. They are each yielding about 8 to 9%. Their sales pitch is that the risk is spread across over a hundred separate short term loans and investing in debt is less volatile and safer than equity. They make distributions monthly. They have raised a fair bit of additional capital lately which is looking for a home. That potentially increases the risk in that it may lead to lower lending standards, but in another way it might reduce risk by spreading the risk over a greater number of loans.
Metrics has two fairly popular listed private credit funds, MXT...
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Last
$32.39 |
Change
0.030(0.09%) |
Mkt cap ! $11.69B | |||
| Open | High | Low | Value | Volume |
| $32.46 | $32.58 | $32.30 | $6.775M | 208.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1081 | $32.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.39 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$32.45 |
Change
0.030 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $32.46 | $32.57 | $32.31 | 35490 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SOL (ASX) Chart |