MA Credit Income Trust Announces Daily NTA of $2.0062 Per Unit as of 13 July 2026

MA Credit Income Trust Reports Daily NTA of $2.0062 Per Unit as of 13 July 2026

MA Credit Income Trust announced its unaudited daily Net Tangible Asset (NTA) backing per unit at $2.0062, recorded at the close of business on Monday, 13 July 2026. This figure represents the Trust's best estimate of the underlying value per unit, calculated on an unaudited basis using the latest market and portfolio data. The announcement was made in a company update dated 14 July 2026 and authorised by Andrew Godfrey, Director of Equity Trustees Limited, the Trust's responsible entity.

Publishing daily NTA is a routine yet vital disclosure for listed managed investment trusts like MA1, offering unitholders a regularly updated estimate of each unit’s worth based on current valuations of the credit asset portfolio. Since the NTA is unaudited, investors should note it is an estimate rather than a definitive audited figure, which is typically confirmed through periodic financial reports. The $2.0062 figure was the sole financial metric disclosed in this update.

Overview of MA Credit Income Trust’s Investment Strategy and Return Generation

Listed on the Australian Securities Exchange under ticker MA1, MA Credit Income Trust focuses on generating income through credit-related investments. The Trust invests in debt instruments, loans, and fixed-income securities aiming to deliver regular income distributions and capital stability. Equity Trustees Limited, holding Australian Financial Services Licence (AFSL 240975) and registered with ACN 004 031 298, manages the Trust’s investment activities.

Equity Trustees Limited is a reputable Australian financial services provider acting as responsible entity for various managed investment schemes. It manages the Trust in compliance with its constitution and the Corporations Act 2001 (Cth). Andrew Godfrey, as Director, authorises regulatory disclosures. Unitholders seeking further details can contact MA Credit Income Trust at 1300 135 167 (within Australia), +61 2 8023 5415 (international), or via email at [email protected].

Importance of Daily NTA Disclosures for ASX-Listed Credit Trust Investors

For investors in listed managed investment trusts focused on credit income, daily NTA disclosures are essential transparency tools. Unlike equities, where share prices fluctuate continuously, trusts may trade at premiums or discounts to their net asset values. The NTA per unit offers a reference point to assess whether the trust is trading above or below its intrinsic value on any given day.

MA Credit Income Trust’s daily unaudited NTA provides unitholders with near real-time insight into portfolio performance. Factors such as interest rate changes, credit spreads, borrower performance, and fixed-income market conditions can affect credit portfolios. By publishing daily NTA estimates, the Trust enhances transparency and supports informed investment decisions. However, as the figure is unaudited, it may be revised in subsequent financial reporting.

Role of Equity Trustees Limited as Responsible Entity for MA Credit Income Trust

Equity Trustees Limited holds a key governance role as the responsible entity of MA Credit Income Trust. Under Australian law, responsible entities must operate schemes in accordance with their constitution and the Corporations Act 2001 (Cth), prioritising members’ interests. Holding AFSL 240975, Equity Trustees is authorised to provide financial services related to managed investment schemes, ensuring oversight and accountability.

Andrew Godfrey, Director of Equity Trustees Limited, authorised the release of this daily NTA disclosure to the ASX, following governance protocols for continuous disclosure. The Trust’s regulated responsible entity status provides investors with assurance regarding the reliability of disclosures. Contact details included in the announcement reflect the Trust’s commitment to accessibility for unitholders.

Context of the $2.0062 NTA Relative to Unit Price and Capital Preservation

The $2.0062 NTA per unit as at 13 July 2026 serves as a benchmark for investors evaluating the estimated underlying value of their holdings. Maintaining NTA near or above the initial issue price is a key goal for credit income trusts, indicating capital preservation alongside income generation. This update did not provide comparisons to prior NTA values, issue price, market trading price, or recent income distributions.

The immediate market impact of this daily NTA update was not evident, consistent with routine disclosures that represent ongoing reporting rather than material events. Investors may benefit from tracking NTA trends over time, especially amid fluctuating interest rates in the Australian fixed-income market. No additional financial metrics, portfolio details, or forward guidance were disclosed in this update.

Investment Risks Associated with MA Credit Income Trust’s Credit Income Strategy

MA Credit Income Trust faces investment risks typical of credit income funds. Credit risk, including borrower defaults, is a primary concern, particularly during economic downturns or rising interest rates, which can reduce NTA and income distributions. The unaudited daily NTA may not fully capture all realised or unrealised portfolio losses at the time of reporting.

Interest rate risk also affects the market value of fixed-income holdings, impacting NTA. Liquidity risk arises if credit instruments become hard to value or sell during market stress. Additionally, as a listed trust, MA1 may trade at discounts or premiums to NTA, causing unit prices to diverge from intrinsic value. This update did not address these risks specifically.

Significance of the Unaudited NTA Estimate for Investors

The $2.0062 NTA per unit is an unaudited estimate, an important consideration for investors interpreting daily disclosures. While based on the latest data and valuation methods, it lacks independent audit verification. Final audited NTA figures, published in periodic financial statements, may differ due to audit adjustments.

For routine monitoring, the unaudited daily NTA provides a timely and reasonably accurate valuation guide. However, investors contemplating substantial transactions should consult the latest audited reports and seek independent financial advice. The Trust offers client services contact details for inquiries about NTA calculations or portfolio composition.

Accessing Further Information on MA Credit Income Trust

MA Credit Income Trust provides clear contact options for unitholders and prospective investors seeking additional information about the Trust, its portfolio, or daily NTA disclosures. Australian investors can call 1300 135 167, international callers +61 2 8023 5415, or email [email protected]. These services are managed by Boardroom Limited, a leading Australian share registry and investor service provider.

Investors can also access comprehensive information including the product disclosure statement, financial reports, and historical NTA data via the ASX online platform. Regular review of daily NTA updates alongside periodic financial disclosures helps maintain an informed investment perspective. Monitoring broader fixed-income market conditions, such as Reserve Bank of Australia policy and credit market trends, is also advisable given the Trust’s credit-focused portfolio.