Butn Launches Moneybox Retail Credit Fund
Key points
- Butn's Moneybox Fund now live with initial capital deployed
- Fund offers private credit investments for income-focused investors
- Managed by Butn's subsidiary, Moneybox IM Pty Ltd
- Provides digital control and full transparency to investors
Full summary
Butn Limited (ASX: BTN) has launched the Moneybox Retail Credit Fund, enabling individual investors to participate in private credit assets. Managed by Butn's subsidiary, Moneybox IM Pty Ltd, the fund targets a return of RBA Cash Rate + 3.00% p.a. and offers digital control and transparency through a 24/7 online dashboard. The fund's assets include loans originated through Butn's lending platform and other verticals, leveraging Butn's established infrastructure. The launch represents a strategic expansion for Butn, extending its capabilities into investment and funds management.
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