Mantis launches Atlantic House defined return fund

Oksana Patron

4 April 2023

Mantis has announced it has partnered with Atlantic House to build and distribute an Australian unit trust of its $2.99 billion Defined Returns Fund.

Defined return funds can access institutional structured product pools to “address the investor need in a transparent and efficient manner”.

The Atlantic House Defined Returns Fund invests in derivatives linked to large, liquid equity indices, where derivatives are backed by investment grade sovereign and corporate bonds, predominantly UK gilts.

The fund says it aims to deliver predictable, long-term annualised returns of 7%–8% in all but the bleakest market conditions.

The Australian version of the fund, in conjunction with Equity Trustees as responsible entity, would be launched by Mantis and Atlantic House later this quarter.

Damien Hatfield, co-founder and head of distribution, Mantis Funds, described Atlantic House as “one of the global leaders in defined return investing”.

“Rather, leveraging our deep experience in the $A7 trillion institutional structured product market, we build portfolios where we focus on the more manageable and realistic goal of making that future just a little bit less uncertain,” he said.

“These investment products are built acknowledging that whilst we don’t know where the market is going, we are able to say with a high level of confidence how they will behave in a variety of different market conditions.”