| Fund: Coolabah Short Term Income Fund - Assisted Investor Class |
| Strategy: Short-Term Fixed-Interest |
| Return (since Oct. 2014): 4.20% pa gross (3.24% pa net) |
| Net return volatility (since Oct. 2014): 0.79% pa |
Objective: An independently-rated/recommended strategy targeting low-risk cash and fixed-income returns that exceed the RBA’s cash rate by 1.5%-3.0% pa after fees, over rolling 12 month periods.
Strategy: We actively invest in a diversified portfolio of Australian deposits, investment grade floating-rate notes and hybrid securities with a weighted-average “A” credit rating. We do not invest in fixed-rate bonds (unless interest rate risk is hedged), direct loans, use leverage, or take currency risk. We add value via active asset-selection using a range of valuation models with the aim of (1) delivering lower portfolio volatility than traditional bond funds and (2) providing superior risk-adjusted returns, or alpha, without explicitly seeking interest rate risk, credit risk or liquidity risk. The strategy is managed by Coolabah Capital Investments, which is a specialist active credit manager.
| Period Ending 2025-12-31 | Gross Return (Assist.) | Net Return (Assist.)† | RBA Cash Rate | Gross Excess Return‡ | Net Excess Return (Assist.)†‡ |
|---|---|---|---|---|---|
| 1 month | 0.44% | 0.38% | 0.32% | 0.12% | 0.06% |
| 3 months | 1.15% | 0.97% | 0.90% | 0.25% | 0.07% |
| 6 months | 2.85% | 2.44% | 1.83% | 1.02% | 0.62% |
| 1 year | 5.44% | 4.59% | 3.88% | 1.57% | 0.72% |
| 3 years pa | 6.53% | 5.56% | 4.02% | 2.51% | 1.54% |
| 5 years pa | 4.28% | 3.41% | 2.65% | 1.63% | 0.76% |
| 10 years pa | 4.24% | 3.28% | 1.94% | 2.31% | 1.34% |
| Inception pa Oct. 2014 | 4.20% | 3.24% | 1.96% | 2.24% | 1.27% |
† Net returns are calculated from the historic gross returns using the current fee structure as displayed in the Product Disclosure Statement. ‡ The Excess Return columns represent the gross and net return above the RBA cash rate.
| Av. Interest Rate (Gross Running Yield) | 4.76% | Ratings: Recommended (Lonsec); Superior - Relatively Simple (Foresight Analytics) |
