The strategies

Coolabah Capital Investments offers a rich range of active credit alpha solutions under the Smarter Money Investments, BetaShares and Coolabah Capital umbrellas. All utilise our unique investment strategy and insights.

The Strategies

CCI offers a range of risk and return solutions tailored to the requirements of different investment preferences, including customised mandates for institutional investors.

Smarter Money Investments

Smarter Money Investments (SMI) is a wholly owned subsidiary of CCI and the channel through which CCI provides its own public offer strategies. These include two “cash plus” solutions targeting between 1% and 2% and 1.5% and 3% above the RBA cash rate, and a long-short credit hedge fund strategy targeting 4% to 6% above the RBA cash rate.

SMARTER MONEY FUND

An independently rated and recommended fund comprising Australian investment-grade cash and floating-rate note securities with an average “A” credit rating that was launched in February 2012. The Smarter Money Active Cash (SMAC) strategy carries little-to-no interest rate duration risk and has outperformed benchmarks while targeting low volatility returns above the RBA cash plus 1.0% to 2.0% pa after all fund fees. It is classified as having a cash plus or short-term fixed-interest strategy and listed on numerous platforms. It is also rated by many researchers, including FE Analytics, Mercer, Lonsec, Atchison and Australia Ratings. SMAC has daily redemption rights.

SMARTER MONEY HIGHER INCOME FUND

An independently rated and recommended fund comprising Australian investment-grade cash and floating-rate note securities with an average “A” credit rating that was launched in October 2014. The Smarter Money Higher Income (SMHI) strategy carries little-to-no interest rate duration risk and has outperformed benchmarks while targeting low volatility returns above the RBA cash plus 1.5% to 3% pa after all fund fees. It is classified as having a cash plus or short-term fixed-interest strategy and listed on numerous platforms. It is also rated by many researchers, including FE Analytics, Mercer, Lonsec, Atchison and Australia Ratings. SMHI has daily redemption rights.

SMARTER MONEY LONG-SHORT CREDIT FUND

An absolute return fixed-income strategy focused on exploiting long and short mispricings in credit markets. The Long Short Credit Fund (LSCF) strategy targets returns above the RBA cash rate plus 4% to 6% pa over rolling 3 year periods after fees with volatility of less than 5% pa. Since inception realised volatility has been very low at less than 2% pa. LSCF seeks to deliver alpha that is uncorrelated with traditional fixed-income, equities and property and broadly unrelated to interest rate duration risk, credit risk and illiquidity risk. LSCF is classified as an unconstrained fixed-income product and/or a defensive alternatives solution. LSCF can profit from both bond price rises and falls through-the-cycle and applies the investment process proven in the SMAC and SMHI strategies since 2012. It is also rated by many researchers, including FE Analytics, Lonsec, Atchison and Australia Ratings. LSCF has daily redemption rights.

Coolabah Capital Investments

Coolabah Capital Institutional Investments (CCII) manages a wide range of customised active credit strategies exclusively for wholesale and institutional investors in mandate or fund format.

CUSTOM INSTITUTIONAL MANDATES

CCI specialises in building bespoke direct portfolios of investment grade and/or sub-investment grade credit with risk and return preferences tailored to client needs, including long and long-short strategies that are unlevered or levered.

BETASHARES ACTIVE AUSTRALIAN HYBRIDS FUND

The first “active” fixed-income ETF in Australia that provides access to a diversified portfolio of cash, bonds and hybrid securities. HBRD aims to outperform the RBA cash rate plus 2.5% pa while seeking to reduce the volatility and downside risk that may otherwise be experienced by direct holders of hybrids.

Fund Comparison

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Active Cash Strategy
Higher Income Strategy
Long-Short Credit Strategy
Betashares HBRD ETF
Strategy
Active Cash
Fixed Income
Unconstrained Fixed Income
Hybrid Securities
APIR Code
CRE0014AU
SLT0052AU
SLT2562AU
ASX: HBRD
TARGET RETURN (NET)
RBA + 1%-2% p.a.
RBA + 1.5%-3% p.a.
RBA + 4%-6% p.a.
RBA + 2.5% p.a.
TARGET VOLATILITY
< 1% p.a.
< 2% p.a.
< 5% p.a.
3%-4% p.a.
Inception Date
17 Feb 2012
8 Oct 2014
31 Aug 2017
13 Nov 2017
Responsible Entity
Equity Trustees
Equity Trustees
Equity Trustees
BetaShares Capital
Registry
Mainstream Fund Services
Mainstream Fund Services
Mainstream Fund Services
Link Market Services
Custodian
BNP Paribas
BNP Paribas
Mainstream/JP Morgan
RBC Investor Services
Applications
Daily
Daily
Daily
Daily
Withdrawals
Daily (T+3)
Daily (T+3)
Daily (T+3)
Daily (T+3)
Distributions
Quarterly
Quarterly
Quarterly
Monthly
Minimum Investment
$1,000
$1,000
$1,000
None
Additional Investment
$1,000
$1,000
$1,000
None
Savings Plan
Monthly
Monthly
Monthly
N/A
Savings Plan Minimum
$100
$100
$100
N/A
Buy/Sell Spread
0.00%/0.05%
0.00%/0.10%
0.00%/0.10%
On Market
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