Private Credit has grown into a major part of Australia’s lending market. Building on our previous discussion about manager quality, this article explores what ASIC’s surveillance found and the risks investors should weigh. In our previous article, we explored why not all private credit
In Australia’s evolving investment landscape, many investors are searching for ways to generate consistent income without relying solely on volatile equity markets or low‑yield cash products. From Self‑Managed Super Fund (SMSF) trustees to professionals building long‑term wealth and retirees
Private credit has become one of the fastest-growing corners of Australian finance. With more than 100 managers now active in the market, capital is flowing into non-bank lending at a pace not seen in decades
Standard Subclass
Minimum Investment = $5000
Enhanced Subclass
Minimum Investment = $100,000
Wholesale Class
Minimum Investment = $250,000
Disclaimer
*Terms & conditions apply. Please note that past performance is not a reliable indicator of future performance. This investment is not a bank deposit and carries risk. Refer to the PDS available on our website for full details. All distribution rates quoted above are net of fees and are the prevailing rates as of 01/09/2026. Distribution rates are updated monthly, usually at the start of each month. Check our website for current distribution rates. We do not provide guarantees on any invested capital or the investment performance of the Premium Income Fund.
# The Wholesale subclasses are only available to qualifying wholesale investors, with a minimum investment of $250,000. Contact us for further details. Please refer to the Wholesale-Memorandum of Terms and Conditions (MOTC).
^The rate is fixed for 12 months.
Investors should obtain and read a copy of the Product Disclosure Statement (PDS) before making an investment decision.
The Premium Income Fund is open to Australian residents only. Investments can be accepted on receipt of the application form accompanying the PDS, or by completing our online application via the link on our website.
You agree that the information on this website and any documents provided are of a general nature only and do not take into account your particular circumstances, do not consider your personal financial or investment needs, and should not be taken to be financial or legal advice. You should consider whether the investments are suitable for you or seek personal advice from a licensed financial planner before making an investment decision. Neither the repayment of capital nor the forecast returns for this investment are guaranteed.
Rhodes Asset Management Ltd ACN 165 917 813 holds Australian Financial Services License (AFSL) 464772.
An investment in the Fund is not a bank deposit and is subject to investment risk, including the loss of capital invested.
Withdrawal rights are subject to liquidity and may be delayed or suspended.