Business Summary

Gryphon Capital Income Trust (the Trust) is an Australia-based managed investment scheme. The Trust is designed for investors seeking monthly income through exposure to a managed portfolio of securitized, floating rate bonds held in a listed investment trust structure. The Trust's investment objective is to produce regular and sustainable monthly income while keeping capital preservation as a primary concern. The Trust's investment strategy is to invest in a diversified portfolio of residential mortgage-backed securities (RMBS) and asset-backed securities (ABS) with Australian domiciled issuers. The Trust invests in structured credit markets, primarily RMBS, a defensive and loss-remote asset class. The Trust's investment manager is Gryphon Capital Investments Pty Ltd.